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Trump Says Tariffs Are Saving US Steel

When asked what chief executive officers think about his recently announced steel and aluminum tariffs, Trump said they’re “in love with them.” U.S. Steel is “through the roof,” he said.

February 13, 2025

Deere Warns Tariffs Could Disrupt Farm Recovery

World farm machinery leader John Deere said the agriculture economy is finally showing signs of turning around, although looming tariffs could upend the nascent recovery.

February 13, 2025

Class 8 Truck Sales Begin New Year With 13% Drop

U.S. Class 8 retail sales started the year on a down slope, losing ground on both a monthly and year-over-year basis, according to data from Wards Intelligence.

February 13, 2025

Knight-Swift, A. Duie Pyle, TFI Buy Ex-Yellow Terminals

The three carriers bought a total of seven former Yellow terminals in private deals from the bankrupt LTL carrier’s administrators as each sought to bolster its LTL operations.

February 13, 2025

January Truck Orders Fall Back Below Prior-Year Results

The back half of last year mostly trended below prior-year comparisons but ended on a predictable uptick. That has since settled back to another year-over-year decline.

February 13, 2025

‘Armored Teslas’ Vanish From Government Procurement List

The State Department’s procurement forecast removed the mention of Elon Musk’s Tesla  in relation to a planned $400 million armored EV purchase after reports emerged about it on Feb. 12.

February 13, 2025

Honda, Nissan and Mitsubishi End Merger Talks

Japanese automakers Honda, Nissan and Mitsubishi said Feb. 13 they are ending talks on business integration.

February 13, 2025

Class 8 Vocational Demand Powers Allison Q4 Profit, Revenue

Allison Transmission's profit and revenue rose in the fourth quarter of 2024 on the back of increased Class 8 vocational North American on-highway demand, the company said Feb. 11.

February 12, 2025

Renault Holds Key to Nissan’s Future

French carmaker Renault SA is Nissan’s biggest shareholder with a 36% stake — a holding that Hon Hai Precision Industry Co. on Feb. 12 signaled it’s open to buying.

February 12, 2025