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A group of lawmakers is calling on House leaders to temporarily suspend an excise tax on new trucks as part of the next phase of COVID-19 stimulus assistance.

Palmer Trucks plans to develop new facilities and hire more workers as it further expands operations in the Indianapolis area, the company announced July 21.

Paccar Inc. experienced deep declines in net income and revenue during the second quarter, a result of the economic recession caused by the COVID-19 pandemic.

European governments approved the most ambitious climate change plan to date, agreeing to pour more than €500 billion euros ($559.5 billion) into everything from electric cars to renewable energy and agriculture.

Truck tonnage in June declined 1.3% when compared with year-ago levels, but on a monthly basis surged 8.7% above May.

Pilot Company announced that CEO Jimmy Haslam will be succeeded in the role by current Chief Strategy Officer Shameek Konar on Jan. 1, 2021, at which point Haslam will become chairman of the board and company founder James Haslam will be named chairman emeritus.

Ford Motor Co. and Volkswagen AG warned a swirling legal dispute between two South Korean battery suppliers could threaten their plans to start producing electric vehicles in the U.S.

Railcar leasing and repair company American Railcar Industries has changed its name to American Industrial Transport, the company announced July 21.

Oil climbed to the highest level since early March in London on July 21 as hopes for an economic recovery from the coronavirus crisis lifted financial markets.

Trucking technology provider Drivewyze will receive $60 million in financing to help advance its growth through an agreement parent company Intelligent Imaging Systems has reached with an investment firm, according to a July 14 announcement.