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Canadian National reported record second-quarter earnings that beat the expectations of Wall Street analysts.

Sen. Marco Rubio (R-Fla.) wants the U.S. to sanction China’s purchases of oil and other energy supplies from Russia in an effort to cut off funding for that country’s war against Ukraine.

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.

The Federal Motor Carrier Safety Administration as of July 26 is accepting applications from motor carriers interested in participating in the agency’s Safe Driver Apprenticeship Pilot Program for 18- to 20-year-old truck drivers to operate interstate.

WASHINGTON — A joint venture between General Motors and South Korean battery company LG Energy Solution is set to receive a $2.5 billion loan from the Energy Department to build battery cell factories for electric vehicles in three states.

Covenant Logistics Group Inc. reported second-quarter revenue and earnings growth July 25, despite market headwinds.

A $52 billion boost to the U.S. domestic semiconductor industry moved one step closer to reality July 26 when the Senate advanced legislation providing grants, incentives and tax breaks to the sector and set it up for final passage this week.

Researchers from the Texas A&M Transportation Institute (TTI), the University of Wisconsin-Madison and ParkUnload are conducting a truck parking pilot study to better understand how truck drivers use existing parking spaces and to test the benefits of using a mobile parking app.

Canadian e-commerce firm Shopify Inc. will cut about 10% of its workforce July 26, as Chief Executive Officer Tobi Lutke acknowledged the company’s decision to expand rapidly coming out of the COVID-19 pandemic didn’t pay off.