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Archer-Daniels-Midland Co. plunged after the U.S. agricultural trading giant suspended its CFO and cut its earnings outlook pending an investigation into its accounting practices.

Stellantis NV CEO Carlos Tavares said elections in the U.S. and Europe this year will dictate how quickly he can execute his 30 billion euro investment plan in electric vehicles.

Chaos in the Red Sea is starting to disrupt shipments of produce from coffee to fruit — and threatening to halt a slowdown in food inflation that brought some relief to strained consumers.

Robin Hutcheson will step down as leader of the Federal Motor Carrier Safety Administration on Jan. 26, the agency said Jan. 19.

Congressional leaders have agreed to another short-term funding measure and will extend negotiations on a fiscal 2024 budget through March. 

LAS VEGAS — Aerodynamic innovations developed for the Peterbilt SuperTruck II could enter service sooner rather than later to help comply with forthcoming emissions regulations.

Better processing of commercial vehicles by the U.S. Customs and Border Protection in Texas at the Del Rio Port of Entry is resulting from a small donated infrastructure project.

Port of Long Beach officials were upbeat about prospects for the facility even as its 2023 performance was down 12.2% year-over-year.

PANAMA CITY — A severe drought that began last year has forced authorities to slash ship crossings by 36% in the Panama Canal, one of the world’s most important trade routes.

Governors from several states have issued emergency proclamations waiving federal hours-of-service requirements for truckers carrying fuel, to prevent shortages in extreme weather.