Grace Ocean Private and Synergy Marine, the owners of the Dali, filed the lawsuit last week against Hyundai Heavy Industries in U.S. District Court for the Eastern District of Pennsylvania.
August 5, 2025Search
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Caterpillar Misses Profit Estimates as Tariffs Push Up Costs
Caterpillar â seen as a bellwether of the health of the global economy â saw total sales slip in both construction and resource industries.
August 5, 2025Copper Gains After Trump Spares Refined Metal From Tariff
Copper rose as traders digested President Donald Trumpâs decision to spare the most traded form of the metal from his 50% tariff, while a mine accident in Chile raised supply concerns.Â
August 4, 2025Bulk Container Manufacturer to Invest $31 Million in Missouri
Missouri Gov. Mike Kehoe welcomed a $31 million expansion by a unit of SchĂŒtz Container Systems in an investment targeting Midwest customers by the maker of intermediate bulk containers.
August 4, 2025Trailer Flooring Market Sees Few Changes, R&D Spending Grows
Some products have been tweaked over the years, but the basics of trailer flooring have remained constant, said Mark Glasgow, chief of sales at trailer manufacturer Utility Trailer.
August 5, 2025BMW Strikes Back at Tesla With Longer-Range EVs
The iX3 SUV will be the first of 40 new or updated models. âWeâre 109 years old, and itâs by far the biggest single investment into one architecture weâve ever done,â CEO Oliver Zipse said.
August 4, 2025Aurora Earns First Revenue in a Quarter of Milestones
The Pittsburgh-based automated driving developer during the quarter launched commercial driverless operations, added a terminal in Phoenix and began initial nighttime operations.
August 4, 2025Tractor Makers Warn That Tariffs Will Raise Machinery Prices
Farmers will soon start feeling the impact from President Donald Trumpâs tariffs in the form of higher prices for the machines used to plant, treat and harvest fields.
August 1, 2025Daimler Truck Profit Falls as North American Demand Craters
Profit at Daimler Truck tumbled in the second quarter of 2025 as North American sales slumped, with little prospect of a near-term improvement if Q2 orders are anything to go by.
August 1, 2025How AI Benchmarking Fuels Smarter Fleet Decisions
Program Aired: August 28, 2 p.m. ETÂ Tim Haynes, vice president of digital and customer data at Penske Transportation Solutions, joins Seth Clevenger for a special one-on-one conversation to explore how modern fleet benchmarking solutions and AI-powered analytics are revolutionizing fleet management planning and operations.
August 28, 2025