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A European-based component supplier to Volvo Trucks North America is locating its new North American headquarters near the vehicle maker’s production factory in Virginia’s New River Valley — a move that the state’s governor praised for bringing a jolt to the region’s business community.

The Biden administration unveiled tight restrictions on new operations in China by semiconductor manufacturers that get federal funds to build in the U.S.

Forward Air Corp. has partnered with self-driving trucking company Kodiak Robotics to run one of their busiest freight lanes near continuously with an autonomous truck.

Knight-Swift Transportation Holdings has reached an agreement to acquire U.S. Xpress for approximately $808 million, the companies announced March 21.

Thermo King is introducing a predictive roadside assistance service for transport refrigeration units, the company announced March 15.

Drone delivery is no longer a thing of the future. It’s happening in Hampton Roads, Va., and soon, at Walmart stores across the country.

Tesla Inc.’s ambition to remove rare earths from future models has producers in the sector reeling, but it also should spur global efforts to deliver alternatives for electric car motors that currently rely on the materials.

The Los Angeles and Long Beach ports want to be part of a statewide clean hydrogen hub, through which they would get funding to test usage of the fuel to power trucking and terminal equipment.