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The Pipeline and Hazardous Materials Safety Administration has issued a final rule that requires railroads to develop and submit comprehensive oil spill response plans for route segments traveled by high-hazard flammable trains.

Volvo Trucks delivered its first all-electric vehicles to two companies operating in Sweden.

U.S. trailer orders in January reached 25,800, dropping 35% compared with a year earlier, according to ACT Research Co.

Fleets find that by performing their own repairs, they can better control repair and wait times, and going commercial enables them to offset costs. Repairs can happen quickly while drivers are at home during their off-duty hours, making it a recruiting and retention tool.

DRiV Inc. is the name of an aftermarket parts and ride performance company that is being launched in the wake of Tenneco Inc.’s separation into two independent companies, Tenneco announced.

Toyota Industries North America has acquired Chicago-based Hoist Liftruck Manufacturing. The company will be renamed Hoist Material Handling.

Supplier Dana Inc. reported record full-year net income and revenue, and quarterly improvements in both areas.

Amazon.com led a $700 million equity investment in Rivian Automotive, the electric pickup and SUV maker preparing to deliver its first vehicles next year.

Commercial vehicle supplier Wabco Holdings Inc. reported lower net income and revenue for the fourth quarter, while full-year revenue set a record despite a slowdown in certain key markets.