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U.S. nonfinancial business debt soared in the first quarter by the most in records back to 1952, as bank loans and corporate bond issuance jumped in companies’ all-out effort to stay liquid during the coronavirus pandemic.

Agencies that oversee freight and passenger transportation policies will gain a clearer outlook for the next fiscal year when Congress this summer considers its annual funding legislation for the U.S. Department of Transportation.

Kodiak Robotics Inc. recently made its 350th commercial delivery and detailed how it is approaching the challenge of providing its longhaul trucks with self-driving technology.

Transportation Intermediaries Association President and CEO Robert Voltmann will step down from his post later this year, the association announced June 10.

Shares of Boeing Co. and its largest suppliers sank June 11 after the planemaker pared output plans for its beleaguered 737 Max just two weeks after restarting work in its Seattle-area factory.

BFGoodrich introduced two tires designed for less-than-truckload and last-mile delivery applications in the package and delivery, food and beverage, and other same-day and next-day segments.

Ford is recalling about 2.5 million vehicles in the U.S., Canada and elsewhere because of a nagging door latch problem and a brake fluid leak.

Inmarsat Group Holdings Ltd. says it has found a way to safely fly civil drones over long distances, a step that may help pave the way for mass adoption by industries from transportation to energy and infrastructure.

Applications for U.S. unemployment benefits gradually eased last week despite a stream of business reopenings, underscoring the longer-term labor-market challenges caused by the coronavirus pandemic.

Managing crises such as the coronavirus pandemic requires communication, planning and flexibility, said Ed Emmett, senior fellow at Rice University’s Kinder Institute for Urban Research.