AUSTIN, Texas — Tesla will ask shareholders to reinstate a $55 billion compensation package for CEO Elon Musk that was rejected by a judge in Delaware this year.

America’s appetite for imported goods has kept its economy hot but has yet to “translate into any meaningful pickup in demand” for J.B. Hunt Transport Services Inc., a top executive said.

Platform Science raised $125 million in capital to accelerate the launch of its software platform with additional truck manufacturers, a spokesperson for the company said April 16.

WASHINGTON — Federal Reserve Chair Jerome Powell cautioned April 16 that persistently elevated inflation will likely delay any Fed interest rate cuts until later this year.

Kentucky has legally paved the way for autonomous vehicles on its roadways with the legislators gathering enough support April 12 to overcome to override Gov. Andy Beshear’s veto.

Click on a yellow state to see when its event is scheduled; a green state to see who was named grand champion.

U.S. retail sales for medium-duty trucks hit their fifth consecutive month of year-over-year gains in March but at a lower rate of 0.7%, according to data from Wards Intelligence.

Amazon.com Inc.’s Prime subscription service hit a new high of 180 million U.S. shoppers in March, up 8% from a year earlier, according to Consumer Intelligence Research Partners.

GOTHENBURG, Sweden — The dominant choices for zero-emission commercial vehicles will ultimately be decided by truck buyers, executives from Volvo Group said.

A new tolling system featuring open-road tolling lanes is complete along the 241-mile stretch of the Ohio Turnpike, signaling the end of its largest construction project in its history.

NASHVILLE, Tenn. — Motive has announced an array of AI products and services designed for driver safety and greater visibility and control over motor carrier and other related operations.

The Port of Portland will shut down its cargo container handling operation at North Portland’s Terminal 6, saying an effort to lease the site to a third-party operator had fallen through.

SPARROWS POINT, Md. — Crews are using the largest crane on the Eastern Seaboard to haul the wreckage from Baltimore’s Francis Scott Key Bridge collapse to a nearby salvage yard.

YOKOHAMA, Japan — Nissan expects to mass produce electric vehicles powered by advanced next-generation batteries by early 2029, the company said April 16.

The Biden administration will likely need to tap oil from the country’s emergency reserves to counter a spike in gasoline prices and amid inflation fears during the summer driving season.

The national average diesel price slid 4.6 cents to $4.015 a gallon, according to Energy Information Administration data released April 15. Diesel was last below $4 a gallon April 1.  

Although FMCSA's efforts to streamline the driver verification process are helping fleets reduce risk via the Drug & Alcohol Clearinghouse, it's also reduced the pool of qualified drivers.

Volvo Trucks North America opened the order book April 15 for its new Class 8 VNL tractor, it said.

PHOENIX — From business process automation to fraud prevention, industry tech developers rolled out new software features and service offerings for 3PL providers at TIA's conference.