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Boeing Co. unveiled deep cuts to jobs and production as the manufacturer rushes to adapt to a shrinking market for jetliners after the worst downturn in aviation history.

Class 8 used truck sales in March slipped 12%, and the average price dropped about $7,000 compared with a year earlier, ACT Research reported.

Ford and Rivian put their plans on ice to jointly develop a Lincoln-brand electric vehicle, a Lincoln spokeswoman confirmed April 28.

The record-long U.S. economic expansion is over after almost 11 years, with what’s likely to be the deepest recession in at least eight decades now underway.

Just like the rest of the industry, trucking companies working to commercialize autonomous heavy-duty trucks are adapting to the uncertainties and disruptions caused by the coronavirus.

President Donald Trump will sign an executive order April 28 meant to stave off a shortage of chicken, pork and other meat on American supermarket shelves because of the coronavirus.

Federal policymakers crafting additional ways to restore economic stability amid the COVID-19 pandemic should consider suspending a World War I-era federal excise tax on the sale of new trucks and trailers, a coalition of freight stakeholders said April 28.

The mass culling of America’s hog herd is starting as a wave of shutdowns at processing plants creates livestock gluts that farmers can no longer sustain.

Two tire manufacturers that had suspended production due to the COVID-19 crisis have restarted their factories.

The world’s biggest maker of mining and construction equipment is predicting that the pain from the coronavirus crisis is far from over.