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Consumer confidence fell in May as Americans became more pessimistic about the labor market, on top of elevated anxiety over inflation.

Three Midwest governors urged the Environmental Protection Agency to revise its biodiesel volumes to encourage lower-cost fuel, support farmers and help decarbonize transportation.

Cummins Inc. spinoff Atmus Filtration Technologies rose 11% in its trading debut after raising $275 million in an initial public offering priced in the middle of a marketed range.

Foxconn hasn’t made good on its pledge to acquire enough Lordstown shares to build an 18.3% stake in the company, and now a dispute threatens to sink the electric vehicle startup.

Embark Technology is set to be acquired by fellow autonomous vehicle software company Applied Intuition, the companies announced May 25.

Connecticut will be home to building manufacturer FullStack Modular as its headquarters moves from New York’s Brooklyn Navy Yard to Gateway Terminal at the Port of New Haven.

Trucking and logistics firms have seen weak market conditions during the past year as spot freight demand has cooled, truck capacity has loosened and the macroeco­nomic outlook is uncertain.

Major logistics companies and technology providers have joined forces to alleviate a pain point hampering the industry — the making, keeping and adjusting of freight appointments.

Randy Rhines has managed information technology at flatbed carrier Melton Truck Lines since 1989, when the company was founded with 30 trucks.

WASHINGTON — A key index of U.S. prices ticked higher in April, and consumer spending rebounded, a sign that inflationary pressures in the economy remain high.