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Ford Motor Co. is unveiling its first version of an all-electric pickup truck police cruiser.

Rivian Automotive Inc. is cutting about 6% of its workforce and simplifying product plans, saying the economy has made it harder for the electric vehicle maker to raise money to build up production.

DETROIT — Ford Motor Co.’s net income rose 19% in the second quarter as the company pulled together enough computer chips to boost factory output and sales.

Union Pacific, the second-largest U.S. railroad, is spending $1 billion to modernize 600 trains.

Paccar Inc. reported record net income and revenue for the second quarter as all segments of its business showed strength.

The average retail price of a used Class 8 fell for the third consecutive month in June, ACT Research reported, calling the trend a significant downturn even as the average retail price remained above $90,000.

General Motors Co. reported weaker second-quarter profit than analysts’ estimates as semiconductor shortages kept production volumes in check. The automaker also warned it is bracing for tougher times ahead.

Legislation that would fund federal transportation programs in fiscal 2023 was recently approved in the U.S. House of Representatives.

Walmart Canada has expanded its fleet to include for the first time in North America a 60-foot multitemperature-zone refrigerated trailer, built by Utility Trailer Manufacturing Co.

Trailer maker Fontaine Specialized announced it added a new model to the Workhorse lineup, the 55PVR Pro, a multipurpose road construction trailer.