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Carney Sworn In as Canada Leader as Trade Dominates Agenda

Mark Carney has been sworn in as Canada’s 24th prime minister, bringing the former central banker to power in the middle of an explosive trade war with the U.S.

March 14, 2025

Consumer Sentiment Drops, Price Expectations Soar on Tariffs

Consumer sentiment fell to a more than two-year low and long-term inflation expectations jumped by the most since 1993, illustrating growing apprehension about the impact from tariffs.

March 14, 2025

CATL 2024 Profit Climbs 15% on Strong EV Battery Demand

CATL posted record annual earnings for 2024, the strong financials further evidence of its commanding market position at a time some rivals are faltering.

March 14, 2025

Steel Buyers Enter Tariff Era as Truck Freight Is Halted

President Donald Trump’s steel and aluminum tariffs played out across the country as ripples materialized with broad-reaching impacts on automakers, builders and consumers.

March 14, 2025

Mack Adds Allison Transmission to GuardDog Connect

Mack Trucks announced that starting in late Q2 2025, fleets using its GuardDog Connect with Allison Transmission products will gain streamlined access to Allison action plans.

March 13, 2025

Class 8 Truck Sales Lose More Ground to Previous Year

U.S. Class 8 retail sales in February tallied below the year-ago level, continuing an early trend for 2025, according to data from Wards Intelligence.

March 14, 2025

Tesla Warns It Faces Retaliation, Costs From Trump Trade War

Tesla is signaling concern over potential retaliatory moves by other countries as a trade war escalates in the wake of President Donald Trump’s moves to impose tariffs on a range of imports.

March 13, 2025

Greer: Trump’s Trade Agenda Focusing on More US Production

Specific to trade, the agenda directs the U.S. Trade Representative to “chart a new course for any trade agreements to ensure they help raise wages and grow our industrial base.â€

March 13, 2025

US Postal Service Signs Agreement With DOGE to Spur Reforms

The U.S. Postal Service has signed an agreement with DOGE and the General Services Administration to help the agency in “identifying and achieving further efficiencies.â€Â 

March 13, 2025