Business

Rick Cates likes to say the moment he arrived at the National Truck Roadeo more than five decades ago, he knew he was home. He'll renew his annual homecoming later this month at NTDC.

The Biden administration is nearly finished dividing up $39 billion in grants under the CHIPS and Science Act, the landmark legislation aimed at revitalizing the semiconductor industry.

Although high premiums have been a top concern, industry leaders and state regulators have taken action to curb other insurance challenges that greatly affect the industry at large.

Insurance costs have been ­steadily increasing post-COVID amid high inflation, increased labor and equipment costs, and larger settlements. Here's what fleets are doing to combat them.

China’s WeRide Inc. is seeking as much as $400 million in a U.S. initial public offering and concurrent private placement, people familiar with the matter said.

Amazon.com Inc. has deployed a new secret weapon in its same-day delivery operation: a convoy of Kia Souls.

Energy Transfer and Williams Cos. are talking to data center operators about building pipelines directly to their facilities to fuel on-site power plants as the centers prepare for a boom in AI.

ACT preliminary data showed orders fell 13% to 13,400 units. They also experienced a drop of 8% from the previous month.

Industry leaders advise that if structured fairly, truck lease-purchase agreements can be vital to the trucking industry.

A committee of the Multistate Tax Commission failed to muster a vote in support of the tax-basis change after ATA made it clear that its 50-state federation would strongly oppose the idea.