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The U.S. trade deficit widened 1.7% in October to $63.1 billion. The politically sensitive gap in the trade of goods with China and Mexico grew.

The U.S. labor market rebound slowed markedly in November, indicating the surge in COVID-19 cases is hitting workers and curbing the broader economic recovery as the unemployment rate edged down to 6.7%

Smithfield Foods Inc., the world’s biggest pork producer, is willing to share space in its ultra-low-temperature freezers to store COVID-19 vaccines, the company said Dec. 3 in an emailed statement.

Volvo Trucks North America announced a far-reaching plan for the launch of its heavy-duty VNR Electric model.

Leaders in the food transportation sector are working together to share lessons learned during the coronavirus pandemic.

Before adjourning for the year, top Democrats on Capitol Hill are not ruling out the possibility of advancing a nearly $1 trillion COVID-19 package that includes aid for transportation networks.

Daimler AG’s supervisory board picked Bernd Pischetsrieder to be its next chairman and help navigate the maker of Mercedes-Benz luxury cars through a seismic industry transformation.

North American Class 8 orders reached 51,900 in November, according to ACT Research.

The chairman of a Commercial Vehicle Safety Alliance working group focused on hemp said that while interstate transport of the substance is legal, potential risks remain for motor carriers and drivers hauling it.

The trucking industry, working since March to replenish inventories depleted by the coronavirus, now has to grapple with holiday season demand.