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United Rentals Drops $3.4 Billion Purchase of H&E Equipment

United Rentals abandoned its plan to acquire H&E Equipment Services, declining to increase its original offer of $3.4 billion for the rival construction equipment supplier.

February 18, 2025

Proficient Q4 Revenue Slumps 15.9% on Weaker Margins

Proficient the No. 4-ranked auto transporter expects industry dynamics to improve in 2025, including through a reduction in carrier capacity due to the travails of Jack Cooper Holdings.

February 14, 2025

Trumps Latest Trade Move: Tariffs on Imported Cars

The move is the latest in a rapidly widening trade war as Trump delivers on his campaign pledges to institute sweeping tariffs on U.S. allies and rivals alike.

February 14, 2025

Auto Hauler Jack Cooper Shuts Down After Losing Ford, GM

The dominoes started to topple when automaker Ford decided in January to end its relationship with Jack Cooper, bringing the curtain down on an approximately 40-year relationship.

February 14, 2025

ArcelorMittal to Build $1.2 Billion Alabama EV Steel Mill

Steel giant ArcelorMittal is investing $1.2 billion to build an Alabama mill slated to produce advanced steel by 2027 for hybrid and electric vehicle motors to feed into the U.S. supply chain.

February 14, 2025

Trump Says Tariffs Are Saving US Steel

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

February 13, 2025

Executive Order Aimed at Reducing Federal Regulations

President Donald Trump has issued an executive order to reduce regulations. The action could affect truck safety initiatives.

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