Equipment

Renault SA is inviting investment banks to pitch for a role on the planned initial public offering of its Ampere electric vehicle business, according to people familiar with the matter.

U.S. trailer orders fell just shy of 26,000 units in February, falling short of the year-ago total, ACT Research reported.

Minnesota Gov. Tim Walz signed legislation to crack down on catalytic converter theft in the state, the latest in a series of moves by state lawmakers to help residents combat what has become a nationwide problem.

Port leaders from around the nation will be in Washington on March 27-30 for the annual Legislative Summit hosted by American Association of Port Authorities.

A European-based component supplier to Volvo Trucks North America is locating its new North American headquarters near the vehicle maker’s production factory in Virginia’s New River Valley — a move that the state’s governor praised for bringing a jolt to the region’s business community.

A global biofuel boom is set to drive a shortage of vegetable oils — used for cooking and now increasingly to power trucks and planes — intensifying a debate over food versus fuel.

Eric Courville’s victory in the sleeper vehicle division at the Louisiana Truck Driving Championships marked the beginning of the road to the national event in August.

Knight-Swift Transportation Holdings has reached an agreement to acquire U.S. Xpress for approximately $808 million, the companies announced March 21.

A combination of the Lunar New Year, and concerns over labor talks and a slowing global economy resulted in a 43% drop in container cargo at the Port of Los Angeles in February.