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 Daimler Truck North America is taking aim at expanding its presence in the heavy vocational market while recognizing the challenge its rivals are lodging to its dominance in the over-the-road segment.

Dozens of freight and trucking stakeholders praised the recently enacted comprehensive tax and budget measure referred to as the “One Big, Beautiful Bill.”

The National Motor Freight Traffic Association is moving toward a density-based freight classification system in a major update that is set to go into effect July 19.

Cruise, the embattled self-driving car subsidiary of GM, has laid off 101 more employees across the Bay Area, marking the latest round of job cuts as the company scales back its robotaxi efforts.

President Donald Trump's lightning round of global trade negotiations with dozens of countries has yielded two deals, with the U.K. and Vietnam, and a framework for a deal with China.

Truck maker Paccar, parent company of Kenworth and Peterbilt, will lay off 175 employees in its Sainte-Therese, Quebec, plant over weakening demand, according to local union Unifor.

A Rivian-backed startup developing small electric vehicles was valued at $1 billion in a new investment from Greenoaks Capital, according to people familiar with the matter.

The latest production forecast for this year represents a drop of about 50,000 barrels a day from the Energy Information Administration’s previous projections in June.

Canada’s competition watchdog secured a court order to help its investigation into whether Amazon is abusing its dominant retail position in the market.

“Then he should resign immediately,” Trump said when asked about the allegations that Powell mischaracterized details about renovations at the Fed’s headquarters.