ºÚÁϳԹÏÍø

NEW YORK — Trevor Milton, the founder and one-time executive chair of Nikola Corp., surrendered July 29 in New York to face charges alleging he lied about the electric and hydrogen-powered truck startup, duping some financially struggling novice investors looking for income during the pandemic.

The leaders of the U.S. Senate’s freight committee called on the Biden administration, congressional colleagues and private industry stakeholders to enhance security operations following the cyberattack on Colonial Pipeline.

Nearthlab’s drones use artificial intelligence and laser technologies to help pinpoint potential damage and reduce the chance of accidents during human inspections of wind turbines.

Boeing Co. earned a profit for the first time in nearly two years, surprising Wall Street and hinting at a potential turnaround after one of the worst financial crises in the planemaker’s centurylong history. The shares jumped.

Paccar Inc. reported second-quarter earnings and revenue soared compared with a year earlier amid improved truck deliveries, and record performance at its parts and financial service segments.

Volvo Trucks North America announced its Volvo Blue Contract service offering, a premium plan for new trucks.

Truck dealership Rush Enterprises reported decidedly higher net income and revenue for the second quarter as the nation’s economy and the company’s markets bounced back.

Two U.S. senators proposed repealing the excise tax on new trucks as an effort to modernize the freight industry.

California Air Resources Board members have unanimously approved amendments to light-, medium- and heavy-truck onboard diagnostic system regulations that will require more data to be stored by the OBD systems, and address issues regarding several malfunction monitors.