Government

WASHINGTON — Rep. Greg Stanton (D-Ariz.) joined Phoenix-based truck manufacturer Nikola Corp. to showcase two electric trucks near the U.S. Capitol Building.

Expensive gasoline is keeping more U.S. drivers off the road than the COVID-19 pandemic did at this time two years ago.

Truckers servicing the California port gateways of Los Angeles, Long Beach and Oakland staged protests July 13 as state-level labor rules that change their employment status begin to go into effect, creating another potential choke point in stressed U.S. supply chains.

Federal Highway Administration officials and emergency responders foresee a need to prepare for large fires in crashes and incidents from lithium-ion battery-powered heavy trucks.

American Trucking Associations is among the stakeholders recently calling on congressional committees to pass a bill that expedites applications for commercial drivers seeking security credentials.

Tesla bulls rejoiced when Elon Musk sought to terminate his agreement to buy Twitter. That initial relief has given way to realization the hangover from this ordeal won’t lift anytime soon.

Transpacific shipping costs have fallen by 53% in the past three months.

President Joe Biden seeks to salvage relations with Saudi Arabia in a Mideast trip that risks political embarrassment unless near-record U.S. gasoline prices swiftly come back to Earth.

U.S. inflation accelerated in June by more than forecast, underscoring relentless price pressures that will keep the Federal Reserve on track for another big interest-rate hike later in July.

Twitter Inc. sued billionaire Tesla CEO Elon Musk over his abandoned $44 billion takeover bid, asking a judge to force him to follow through on his offer.