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Schneider National saw revenue and earnings growth during the first quarter of 2021, the company reported April 29.

Navistar is planning to hire up to 350 additional people at its Springfield, Ohio, assembly plant as it increases production this summer.

FORT WORTH, Texas — The infield lanes of Texas Motor Speedway provided the setting for Peterbilt Motors Co. to introduce members of the media to its new lineup of Classes 5-8 trucks.

Caterpillar Inc. is warning of potential impacts ahead due to a global chip shortage, putting a damper on better-than-expected earnings for the world’s biggest maker of mining and construction equipment.

DETROIT — Ford Motor Co. posted a surprising $3.26 billion first-quarter net profit on April 28, but the company said a worsening global computer chip shortage could cut its production in half during the current quarter.

Reacting to President Joe Biden’s first address to a joint session of Congress, Sam Graves, the top Republican on the U.S. House of Representatives’ transportation committee, called on Democrats to pursue a bipartisan approach to legislating.

WASHINGTON — Powered by consumers, the U.S. economy grew at a brisk 6.4% annual rate last quarter — a show of strength fueled by government aid and declining viral cases that could drive further gains as the nation rebounds with unusual speed from the pandemic recession.

FRANKFURT, Germany — Germany’s Daimler Truck AG and Sweden’s Volvo Group say they plan to jointly manufacture hydrogen fuel cells for trucks in Europe starting in 2025 and called on European Union policymakers to boost incentives for climate-neutral technologies.

A three-judge panel of the 9th U.S. Circuit Court of Appeals has rejected a lower court’s preliminary injunction that blocked the immediate implementation of California’s Assembly Bill 5 law, which motor carriers have claimed would make use of independent contractors next to impossible.

The U.S. merchandise-trade deficit widened to a new record in March as the value of imports surged to a fresh high.