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Nikola Corp. will pay a $125 million penalty to the U.S. Securities and Exchange Commission over allegedly misleading statements its founder and former CEO made to investors about the electric vehicle startup.

UPS Inc. agreed to buy 19 Boeing Co. freighter jets as soaring e-commerce and snarled shipping lines lead to a boom in air-cargo demand.

The trucking industry will look back on 2021 as a year of important victories for infrastructure improvement and workforce development, and now can look ahead to the opportunities those victories present, leaders from American Trucking Associations said.

Tesla Inc.’s stock went on a tear after an October deal with Hertz Global Holdings Inc. signaled broader mainstream adoption of its electric cars.

FMCSA Deputy Administrator Meera Joshi has been selected by New York City Mayor-elect Eric Adams to be that city’s deputy mayor for operations, a move that spells the end of Joshi’s nomination to become leader of the federal safety agency.

WASHINGTON — In a major step to fight climate change, the Biden administration is raising vehicle mileage standards to significantly reduce emissions of planet-warming greenhouse gases.

Severe weather disruptions hit Malaysia and the Philippines, leaving a trail of destruction among nations most prone to natural disasters.

Trucking companies that are growing more selective with loads are spurring heightened competition among shippers, experts said.

Canadian National Railway Co. dropped the most in eight months after saying that Jim Vena, a former executive favored by shareholder TCI Fund Management Ltd. to run the company, had dropped from consideration to replace CEO Jean-Jacques Ruest.

A federal appeals court panel on Dec. 17 allowed President Joe Biden’s COVID-19 vaccine mandate for larger private employers to move ahead.