Business

Daimler Truck AG and Cummins Inc. announced a global partnership for medium-duty diesel engine development and production, and are considering other potential collaborations.

The leadership of the transportation committee at the U.S. House of Representatives is calling on the White House to prioritize a fund used to back maintenance projects at the country’s ports.

Nikola Corp. announced updates on its zero-emission hydrogen fuel-cell electric commercial truck program as the company vied for attention beside other truck makers in an increasingly crowded space it helped create in 2016 with its introductory announcement.

January truck tonnage fell 2.1% compared with year-ago levels, but ticked up 1.4% over December 2020 — a continuation of several months’ worth of sequential gains, American Trucking Associations announced.

Consumer confidence rose in February to a three-month high as Americans grew more upbeat about the current labor market and economy’s progress.

As if 2020 wasn't difficult enough for trucking, the industry also saw a substantial rise in cargo theft. Here's what some fleets are doing to fight it.

WASHINGTON — Federal Reserve Chair Jerome Powell underscored the U.S. economy’s ongoing weakness Feb. 23 in remarks that suggested that the Fed sees no need to alter its ultra-low interest rate policies anytime soon.

DES MOINES, Iowa — The federal government announced Feb. 22 that it will support the ethanol industry in a lawsuit over biofuel waivers granted to oil refineries under President Donald Trump’s administration.

Treasury Secretary Janet Yellen said President Joe Biden favors boosting taxes on companies, and signaled openness to considering raising rates on capital gains, while steering clear of a wealth levy.

Haldex reported a 13% drop in fourth-quarter revenue as well as a net loss that was less steep, compared with a year earlier, as sales to truck makers declined.