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Deere Expected to Report Weakest Q4 Since 2020

Sales of agricultural tractors continued their decline in October, with U.S. sales falling about 14% from the previous year, the Association of Equipment Manufacturers said in a report.

November 20, 2024

Port Traffic Surging as Companies Rush to Beat Tariffs

Imports at the Port of Los Angeles last month totaled 462,740 20-foot-equivalent units, or TEUs. The port also handled 122,716 export containers and 319,570 empty containers in October.

November 20, 2024

Jaguar Rebrand Promo Shows Logo, but Where’s the Car?

NEW YORK — A promotional video for a rebrand of British luxury car brand Jaguar is being criticized online for showing models in brightly colored outfits — and no car.

November 20, 2024

GM Opens Lab to Prevent Software Bugs in New Vehicles

WARREN, Mich. — General Motors Co. has developed a software-testing lab inside its Global Technical Center to prevent bugs from entering new vehicles and affecting customers.

November 20, 2024

October Medium-Duty Sales Increase 5.5% From 2023

Classes 4-7 total retail truck sales for the month increased 5.5% to 20,484 units from 19,419 a year ago. Sales also increased 11.8% sequentially from the 18,316 reported in September.

November 20, 2024

REPLAY: Economic Outlook for 2025 with ATA's Bob Costello

Over the past two and a half years, the trucking industry has persevered through a freight rate recession amid an oversupply of capacity while also navigating supply chain disruptions and uncertainty. When will freight rates rebound, and how much recovery can we expect?

December 9, 2024

Europe, US Push for Oil Funding Curbs Deal to Outlast Trump

The EU, US and other countries are hammering out a plan to throttle tens of billions of dollars of financial support for foreign oil and gas projects before Donald Trump moves into the White House.

November 20, 2024

Ford to Cut 4,000 Jobs in Europe

FRANKFURT, Germany — Ford says it will reduce its workforce by 4,000 in Europe and the U.K. by the end of 2027, citing the economy and weak sales of electric cars.

November 20, 2024

Canada Shares US Concerns About Mexican Trade With China

TORONTO — Canada’s point person for U.S.-Canada relations said she shares U.S. concerns about Mexico serving as a back door for China to import cheaper goods into the North American market.

November 20, 2024