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Battery technology advancements are ushering in a new electric auxiliary power unit — one that results in greater fuel savings and lower maintenance costs while still providing good power.

AIT Worldwide Logistics has finalized an agreement to purchase the assets of Miami-based international freight forwarder Gsdmia.

Profit fell due to weaker specialty rental margins, lower used equipment sales and higher expenses, including those related to the terminated H&E Equipment Services acquisition.

“Our work here will never be done,” Motive CEO Shoaib Makani said during a keynote address. “We are going to continue to solve new problems and expand the scope of this platform."

The Wisconsin Department of Workforce Development has awarded $468,255 in grants for commercial driver license training to get 260 drivers on the road.

Continental appointed company veteran Roland Welzbacher to succeed Olaf Schick as CFO as the German manufacturer sheds units to focus on its more profitable tires business.

The world economy is at a “pivotal juncture” as trade tensions flare, members of the IMF said in a draft statement after discussions that have been overshadowed by the trade war.

Energy Secretary Chris Wright sought to reassure U.S. oil companies during a visit to Oklahoma, saying turmoil from President Donald Trump’s trade war is apt to be fleeting.

Hoegh Autoliners ASA, an Oslo, Norway-based car carrier, said that a plan to impose fees on foreign ships calling at U.S. ports could cost the company as much as $70 million.

While prices will rise for everyone, lower-income families are expected to lose a larger portion of their budgets because they tend to spend more of their earnings on goods.