Trucking companies and congressional critics argued the rules, estimated to cost about $2,500 to $8,300 per vehicle, were too expensive, and came amid driver shortages and supply-chain woes.

The courier faces the possibility of a union strike of its 330,000 workers as the company negotiates to replace a five-year labor contract that expires on July 31.

The Authorization would allow workers to withdraw their services from the company when permitted by the National Mediation Board.

The Teamsters said that UPS has dragged its feet “for four months” after beginning supplemental contract negotiations in January, 2023.

Permission to operate more freely could eventually vault drone delivery from the experimental phase to an economically viable business.

Around 12 times more battery-electric truck models will be available this decade than fuel cell trucks.

The decision to break from Smith’s approach was cheered by analysts, who raised their stock-price targets or recommendations, even as they warned of challenges.

Advances in data science and software are disrupting the industry — and providing shippers with better results, quicker and less expensively.

The plan to boost profit addresses a commitment to investors, led by activist shareholder D.E. Shaw, to boost dividends, rework its executive pay rules and reduce capital expenditures

With the capability to produce and store liquified hydrogen where and when it is needed, the tipping point has been reached and the hydrogen economy is here.