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Baker Hughes to Acquire Chart Industries for $9.6 Billion

The Baker Hughes deal will expand the oil field service giant’s reach into liquefied natural gas, data centers and other technologies.

July 29, 2025

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, 2025

Iveco 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, 2025

FMCSA 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, 2025

Trump 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, 2025

Stellantis 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, 2025

Union 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, 2025

EPA 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, 2025

DAT 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, 2025

Carney 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