News

Optimism is growing at truck maker Paccar about order levels and demand for new tractors in the second half of 2025 and in 2026, said CEO Preston Feight.
Union Pacific and Norfolk Southern are in merger talks that would create a railroad in North America that essentially connects the East and West Coasts.
Americans bought 310,800 EVs in Q2, a 6.3% drop from the year-earlier period. However, the sales dip — 21,000 vehicles — was nearly equal to the slump in transactions for Tesla.
C&S Wholesale Grocers is looking to raise $400 million from a leveraged loan sale to help finance its $1.77 billion acquisition of food distributor SpartanNash.
Treasury Secretary Scott Bessent said he will meet his Chinese counterparts in Stockholm next week for their third round of trade talks.
U.S. trailer orders experienced a surprising surge in June, soaring on an annual and sequential basis as buyers took action after months of sitting on the sidelines, ACT Research reported.
Tesla Inc.’s core car-making business is facing a deteriorating outlook, providing a major test of CEO Elon Musk’s ability to lift the stock price with his vision of a self-driving future.
Walmart is hiring an executive from Instacart to accelerate its use of artificial intelligence as one of the world’s largest retailers looks to bolster its competitive edge.
Truck manufacturer Paccar’s profit dived 35.3% year over year in the second quarter as the freight recession continued to hamper tractor sales, particularly among truckload carriers.
Air taxi startup Joby Aviation expects to have five aircraft in one of the final phases of certification next year as it aims to start commercial flights in early 2026, according to its CEO.
Cleveland-Cliffs Inc.’s CEO Lourenco Goncalves is calling on Canadian Prime Minister Mark Carney to implement punishing steel import tariffs to protect the nation’s industry. The notoriously ...
Ohio Gov. Mike DeWine unveiled two pairs of modern rest areas with a total of 40 truck parking spots along U.S. Route 33 near Columbus and on the U.S. 30 east-west corridor near Indiana.