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Auto Parts Supplier Marelli Plans Bankruptcy Filing

Marelli Holdings, the struggling auto parts supplier for Nissan and Stellantis, plans to seek Chapter 11 bankruptcy protection in the U.S. to slash its debt burden and restructure.

June 10, 2025

Trump Voices Optimism as China Talks Stretch to Day Two

Trade talks between the U.S. and China will continue into a second day, according to an official, as the two sides look to ease tensions over shipments of technology and rare earth elements.

June 9, 2025

Senate GOP Prepares New Draft of Trump’s Tax Plan

Senate Republicans intend to propose revised tax and health care provisions to President Donald Trump’s $3 trillion signature economic package, shrugging off criticism by Elon Musk.

June 9, 2025

Transportation Chief Moves to Reverse Fuel Economy Standards

Transportation Secretary Sean Duffy said in a rule June 6 that Biden-era fuel economy standards for gas-powered cars and trucks are illegal and moved to reverse them.

June 9, 2025

Tariffs, Uncertainty Offer 3PLs a Rare Opportunity

To take full advantage, 3PLs must forge better relationships with less-than-truckload and last-mile carriers among other tweaks to their business activities, CSCMP's report said.

June 9, 2025

EV Truck Maker Bollinger Motors Restructures With New CEO

Electric truck maker Bollinger Motors will live on after it emerged from receivership with a new CEO and ownership structure.

June 6, 2025

Mercedes, BMW, Others Step Up Response to China Export Curbs

Automakers in the U.S. and Europe raised concerns about China’s export controls on rare earth metals, as Beijing’s move threatens to disrupt global car production.

June 4, 2025

Fleet Margins Set to Shrink Again in 2025, CSCMP Finds

Tariffs introduced by the Trump administration, and the consequent aversion to risk, are a major reason why there is no clear trajectory for recovery, the study’s authors warned.

June 4, 2025

Daimler Truck Financial Services Selects North Carolina HQ

The financial lender for Daimler Truck North America will establish its headquarters in North Carolina with a $7.8 million investment that will add 276 jobs in Charlotte.

June 4, 2025

Trump Signs Order Hiking Steel, Aluminum Tariffs to 50%

President Donald Trump signed a directive June 3 formally raising steel and aluminum tariffs to 50% from 25% starting June 4.

June 3, 2025