The Baker Hughes deal will expand the oil field service giant’s reach into liquefied natural gas, data centers and other technologies.
July 29, 2025Search
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UPS Withholds Outlook on Market Upheaval After Mixed Quarter
UPS has struggled to get a handle on volatility in the market, underscoring the challenges for the courier’s effort to reconfigure its network and revitalize its business.
July 29, 2025Iveco Confirms Plan to Break Up Company
Iveco says it is in advanced discussions to sell its defense unit and the commercial truck manufacturing operations to separate buyers.
July 29, 2025FMCSA Abandons Speed Limiter Proposals for Heavy Trucks
Regulators never settled on a speed at which the limiters would be set. FMCSA and NHTSA had proposed and sought comment on a range of 60 to 68 mph.
July 29, 2025Trump Tariffs Could Boost Factory Costs 4.5%, Analysis Finds
The Washington Center for Equitable Growth analysis notes potential for wage stagnation and even layoffs and plant closures.
July 29, 2025Stellantis Faces $1.7 Billion Hit From US Tariffs This Year
Stellantis has forecast that U.S. tariffs would cost it $1.7 billion this year, as higher duties hit the Jeep maker’s already struggling North American business.
July 29, 2025Union Pacific to Buy Norfolk Southern in $85 Billion Deal
Union Pacific agreed to acquire Norfolk Southern, forming a transcontinental rail behemoth in what stands to be the industry’s largest deal ever.
July 29, 2025EPA Plans to Scrap US Authority to Regulate Greenhouse Gases
The Trump administration is formally proposing to scrap the U.S. government’s authority to regulate greenhouse gases as an air pollutant.
July 29, 2025DAT Buys Convoy Platform From Flexport
DAT Freight & Analytics is acquiring Convoy Platform from Flexport for an undisclosed sum, a little under 18 months after the seller launched the freight-matching platform.
July 28, 2025Carney Says US-Canada Trade Negotiations at ‘Intense Phase’
Prime Minister Mark Carney said his government is in trade talks with the Trump administration despite recent comments from Trump suggesting a deal with Canada wasn’t a priority.
July 28, 2025