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Rheinmetall AG is set to buy a U.S. military vehicle specialist for $950 million as the German company seeks to expand its position in the world’s largest defense market.

Darling Ingredients soared the most in eight years after California signaled it may limit the use of seed oils in green diesel, which would be a boon to companies that use rival feedstocks.

Norfolk Southern will invest $200 million to grow capacity on a key Alabama rail line in a freight corridor for agriculture, automotive, chemicals, forestry and steel goods.

SONOMA, Calif. — Peterbilt is working with its dealers and customers to deploy end-to-end solutions for electric vehicle applications and meet regulatory requirements.

Kroger Co. and Albertsons Cos. have spent more than $800 million on fees paid to lawyers, bankers and advisers for their proposed merger.

U.S. CBP officers can now inspect more inbound trucks from Mexico at a border crossing into Texas since construction is complete on an $8 million project donated by the City of Pharr.

The ruling found that a work stoppage between the Teamsters and rail companies would not pose an immediate threat to public health and safety, meaning a strike could occur as soon as Aug. 22.

DETROIT — Ford and Mazda are warning the owners of more than 475,000 older vehicles not to drive them because they have dangerous Takata air bag inflators that have not been replaced.

Global oil markets are poised to swing from a deficit to a surplus next quarter should OPEC+ proceed with plans to boost supplies, data from the International Energy Agency showed.