Business

Haldex said in its recently released annual report that the outlook for 2021 is positive as it continues its role as a global supplier of brake products and air suspension systems for heavy-duty trucks and trailers.

XPO Logistics plans to fill more than 1,400 positions to meet growing demand in its less-than-truckload business.

President Joe Biden’s $2.25 trillion infrastructure proposal would address environmental concerns and enhance the business landscape nationwide, said the top transportation policymaker in the U.S. House of Representatives.

Drivers eager to get back on the road more than a year into the pandemic will face the highest summer gasoline prices since 2018, according to a U.S. government report.

As the North American Council for Freight Efficiency prepares for its Run on Less — Electric demonstration in September, it expects vehicle downtime likely to be a factor and something to chart.

General Motors Co. is about to enter the electric-pickup battle, announcing April 6 that it will build a battery-powered Chevrolet Silverado model at its Detroit-Hamtramck plant.

Canada is in danger of running out of warehouse space by the end of the year, thanks to the boom in e-commerce sparked by the pandemic.

Automakers want a portion of the money Congress approved for addressing the global semiconductor shortage to be reserved for vehicle-grade chips — warning of a potential 1.3 million shortfall in car and light-duty truck production in the U.S. this year.

Tesla Inc. first-quarter delivery numbers blew past analysts’ estimates, helping the stock fend off a slide in the broader electric vehicle industry amid growing skepticism about the future of President Joe Biden’s infrastructure bill.

Traffic through Egypt’s Suez Canal was briefly halted April 6, just two weeks after a giant containership ran aground and blocked the waterway that’s vital for global trade.