German auto parts supplier Webasto is kicking off negotiations for an overhaul under the aegis of a chief restructuring officer in response to the “ongoing crisis†in the automotive industry.
January 14, 2025Search
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TT's Seth Clevenger and Mike Senatore unpack the trends, surprises and shake-ups that define this year's Top 100 for-hire carriers..
EPA, Meyer Settle $7.4M Emissions Tampering Case
The EPA has reached a $7.4 million settlement with Meyer Distributing over allegations it sold tens of thousands of aftermarket emissions tampering devices.
January 14, 2025United Rentals to Buy H&E Equipment Services for $3.4B
United Rentals Inc. agreed to buy H&E Equipment Services Inc. for $3.4 billion in cash, gaining a fleet of equipment to serve construction and industrial markets.
January 14, 2025Steelmaker Proposes ‘All-American Solution’ for US Steel
HARRISBURG, Pa. — The bid by Japan’s Nippon Steel to buy U.S. Steel may have a new lease on life, even as the potential for a new bid for the storied Pittsburgh steelmaker began to emerge.
January 14, 2025Biden Signs Executive Order to Grow AI Infrastructure
LOS ANGELES — President Joe Biden signed an executive order on artificial intelligence that seeks to ensure the infrastructure needed for advanced AI operations can be built quickly and at scale.
January 14, 2025Biden Aide: Trump Likely to Maintain New AI Chip Controls
President-elect Donald Trump is likely to maintain new U.S. limits on global sales of AI chips by Nvidia Corp. and others, a top Biden administration official said.
January 13, 2025Diesel Price Rises 4.1¢ to $3.602
The national average diesel price climbed 4.1 cents to $3.602, according to U.S. Energy Information Administration data released Jan. 13.
January 13, 2025Toyota Wants Salaried Staff Back in Office Four Days a Week
Toyota Motor Corp.’s salaried workers in North America are being ordered back to the office Monday through Thursday starting in September.
January 13, 2025Volvo Charts Course Toward Sustainable Trucking at CES
LAS VEGAS — Volvo Group CEO Martin Lundstedt outlined the global truck manufacturer’s vision for a cleaner, safer and more productive transportation industry at CES 2025.
January 13, 2025Mexico Plans Nearshoring Incentives to Curb China Imports
Mexico President Claudia Sheinbaum announced a plan to reduce the country’s imports from China in a bid to support local industry and align herself with the U.S. as a trade partner.
January 13, 2025