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Toyota Group to Privatize Toyota Industries for $33 Billion

The Toyota group’s proposal to privatize Toyota Industries is drawing criticism from investors and analysts, who argue the $33 billion deal significantly undervalues the company.

June 3, 2025

Joby Considers Air Taxi Deal Worth Up to $1 Billion

Joby Aviation is working toward an agreement to sell as many as 200 of its air taxis to a major Saudi Arabian investor in a deal potentially worth as much as $1 billion.

June 3, 2025

Uber Promotes Company Veteran to Chief Operating Officer

Uber Technologies named longtime executive Andrew Macdonald its first chief operating officer since 2019, part of an executive shake-up that includes the departure of the company’s top delivery leader.

June 2, 2025

US-China Trade Tensions Flare Again as Talks Stall

The Chinese Ministry of Commerce issued a statement June 2 rebuking the U.S. president’s claim that Beijing breached the consensus reached in Geneva in May.

June 2, 2025

Carney Fights Trump Tariffs With Domestic Trade Push

Prime Minister Mark Carney is pushing to offset the economic pain caused by U.S. President Donald Trump’s tariffs by compelling Canadian provinces to liberalize trade with one another.

June 2, 2025

DOT Moves to Slash Dozens of Trucking Regulations

While many of the revisions may seem minor, the agency said that in total, the deregulatory package will rescind, withdraw or amend burdensome regulations that do not enhance safety.

May 30, 2025

Partnerships to Fuel JoyRide's Zero-Emission Ambitions

JoyRide Logistics is setting about building partnerships in its bid to convince shippers to transition from a wholly diesel fleet to zero emissions.Ìý

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May 30, 2025

Kenworth Expands Powertrain Options for T680, T880, W990

The truck maker will make powertrains with the Paccar TX-12 PRO automated transmission and Paccar MX-13 engine combination available to T680, T880 and W990 customers.

May 30, 2025

Rivian Eyes New Debt Deal

JPMorgan is leading a potential high-yield bond sale for EV manufacturer Rivian Automotive, partly to refinance its upcoming debt, according to people familiar with the transaction.

May 30, 2025