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Eaton Corp. reported second-quarter net income and revenue surged while segments margins set a record for the quarter.

U.S. trailer orders in July slid some more, barely clearing 8,000 units and setting a new low point of this cycle, FTR reported.

Joby Aviation, which promises to build and operate a commercial fleet of aerial taxis by 2024, will begin trading Aug. 11, testing the imaginations of public investors.

Bridgestone Americas broke ground on a $51 million expansion to its air springs production facility in Williamsburg, Ky., the company said recently. 

Xos Inc., a manufacturer of Classes 5-8 electric commercial vehicles, announced an agreement to deliver 120 zero-emission, medium-duty electric trucks to 35 different FedEx Ground operators in five states.

In today’s digitally connected world, the status and location of most freight shipments can be immediately determined by GPS trackers, phone apps or simply making a cellphone call to the trucker hauling the package for delivery.

A.P. Moller Maersk A/S’s efforts to become carbon-neutral face an unusual hurdle: There isn’t enough used cooking oil to make the biofuel that powers the vessels.

One of Kenworth Truck Co.’s new models received a government designation certifying its energy efficiency and reduced emissions, the original equipment manufacturer announced Aug. 5.

Nikola Corp. founder and former chairman Trevor Milton raised about $77 million selling shares in the electric truck manufacturer, days after pleading not guilty to charges he misled investors to hype the stock.

Refrigerated warehouse operator Americold Realty Trust saw revenue rise in the second quarter but swung to a loss for the period because of disruptions in the global food supply chain.