Category: News

Rivian Automotive Inc., the electric truck startup backed by Amazon.com Inc. and Ford Motor Co., is close to raising a new round of funding valuing it at about $25 billion, according to people familiar with the matter.

Exxon Mobil Corp. released emissions data on customers’ use of its petroleum products for the first time after coming under pressure from investors.

After more than three decades working for Nashville, Tenn.-based motor carrier TCW — including a more than 20-year stint as its president — as well as a year as chairman of American Trucking Associations, Dave Manning has decided to retire.

The 50th anniversary of the Mid-America Trucking Show has been postponed due to COVID-19 concerns.

Daseke Inc. announced that Chris Easter has retired as CEO and as a member of the board of directors.

American Trailer Rental Group announced it completed the acquisition of Phoenix-based Arizona Storage Rental Inc.

The Federal Motor Carrier Safety Administration has issued a proposed rule amending federal safety regulations to specifically add rear impact guards as a required item on the list of annual inspections for motor carriers and roadside inspectors.

Hendrickson Truck Commercial Vehicle Systems announced it partnered with Navistar to offer Haulmaax EX as part of the chassis enhancements of the truck maker’s International HX model.

A measure of U.S. manufacturing expanded in December at the fastest pace in more than two years, bolstered by a pickup in new orders and the strongest growth in production since 2011.

Amazon .com Inc. is buying 11 used Boeing 767-300 planes, the first time the online retail giant has purchased, rather than leased, aircraft for its fast-growing air cargo operation.