Business

One year since the COVID-19 pandemic caused vehicle travel and associated fuel tax revenue to plummet, recovery has been on a slow but positive trajectory.

Amazon .com Inc. could raise as much as $148 million (107 million pounds) by selling some of its stake in Deliveroo Holdings in the food-delivery startup’s London initial public offering.

The Federal Highway Administration recently awarded $18.7 million to eight projects that will test user-based funding methods.

The Goodyear Tire & Rubber Co. announced a milestone as its tire management tools inspected nearly 4 million tires over a year to help fleets identify potential tire issues and improve overall fleet operations, and identified nearly 400,000 potential tire issues.

President Joe Biden is betting that a multitrillion-dollar economic plan centered around infrastructure spending will do more than bolster an American economy hammered by the coronavirus pandemic: It will ensure his country’s competitiveness against China for decades to come.

Severe winter weather took a toll on truck tonnage in February, according to American Trucking Associations.

The velocity of the U.S. economy’s post-pandemic rebound hinges on more than just an increasingly capable consumer, and business spending appears poised to deliver its own boost.

PGT Trucking Inc. has opened a terminal in Phoenix and relocated one to Fort Smith, Ark., to support increased market demands in those regions.

Volvo Group declined after the truck maker said it will have to suspend production across its operations because of the shortage of semiconductors that has disrupted the car industry for months.

A growing chorus of Wall Street professionals is predicting that electric and autonomous vehicles sales will propel Tesla Inc. and Apple Inc. to $3 trillion each in market value by 2030.