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Cummins Posts Lower Q4 Profit on Weak Truck Demand

Weak global heavy-duty truck market demand plus a reorganization of the Accelera decarbonization technology unit hurt Cummins profit in the fourth quarter of 2024, the company said.

February 4, 2025

Volvo, Waabi Partner to Produce Autonomous Trucks

Waabi will integrate its autonomous driving system, the Waabi Driver, with Volvo’s production-ready VNL Autonomous model. Commercial pilots will begin in Texas in the coming months.

February 4, 2025

Ontario Cancels Deal With Musk’s Starlink

Ontario’s premier said his government is ending its contract with Starlink, the Elon Musk-controlled satellite company.

February 3, 2025

Mexico’s Sheinbaum Says Tariffs Delayed for One Month

Mexico President Claudia Sheinbaum said tariffs would be delayed for one month after a conversation with U.S. President Donald Trump on Feb. 3.

February 3, 2025

China Renews Threat to Counter US Tariffs

TAIPEI, Taiwan — China has reiterated its threat to take “necessary countermeasures to defend its legitimate rights and interests” following the decision to impose 10% tariffs on China.

February 3, 2025

Canada Retaliates on Tariffs; Mexico Response in Limbo

TORONTO — Canada and Mexico ordered retaliatory tariffs on American goods in response to sweeping tariffs imposed by President Donald Trump.

February 3, 2025

Trump: Tariffs Could Cause 'Some Pain'

PALM BEACH, Fla. — President Donald Trump said Feb. 2 that Americans could feel “some pain” from the emerging trade war triggered by his tariffs against Canada, Mexico and China.

February 3, 2025

Perspective: A Case Study on Building EV Charging Networks

The level of stakeholder buy-in required to propel electrification in trucking cannot be overstated, as a single example in California illustrates.

February 3, 2025

Tariff Fears Hit Autos, Chipmakers, China-Exposed Stocks

The threat of tariffs has loomed large over U.S. equities. Investors and strategists warn that high levies can reignite inflation in the country, and in turn, weigh on stocks.

January 31, 2025