°®¶¹´«Ã½

Yellow Corp. will not have to meet certain financial targets under a deal with its lenders, winning valuable breathing space as it battles the Teamsters union and the threat of bankruptcy.

Used car prices in the U.S. fell 4.2% in June, their biggest monthly drop since the early days of the pandemic, as a key measure of inflation eases.

New registrations for Class 8 trucks are set to total 249,836 this year, according to S&P Global Mobility, a jump of 12% compared with its expectations at the start of the year.

Stellantis NV and Toyota blasted a Biden administration plan to ease auto pollution, saying it would compel unrealistic sales of electric vehicles that strain critical mineral supplies.

A strike by UPS workers if a new labor agreement isn’t reached with the Teamsters would hold significant implications across the supply chain, industry analysts said.

U.S. Rep. Tim Walberg (R-Mich.) has introduced a bill that would bar the EPA from finalizing strong new emission standards that would push the auto industry toward EVs.

While the United Auto Workers union hammers out a new deal with GM and battery manufacturer Ultium Cells, workers are pointing to safety hazards as a key issue in the negotiations.

America’s employers pulled back on hiring but still delivered another month of solid gains in June, adding 209,000 jobs, another sign of the economy's resiliency.

COLUMBUS, Ohio — The railroad industry has sued to block a new minimum crew-size requirement that Ohio imposed after a fiery train derailment in East Palestine in February.

Nikola Corp. delivered 45 battery-electric trucks wholesale and 66 trucks retail in the second quarter, the company announced July 5.