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USPS Eyes FedEx’s David Steiner for Postmaster General Role

The USPS board has spent months looking for a new leader after Louis DeJoy abruptly resigned in March. DeJoy had pushed for sweeping changes to promote efficiency at the postal service.

May 7, 2025

Ford Hikes Prices on Mexico-Made Models by as Much as $2,000

Ford is boosting sticker prices on models it builds in Mexico by as much as $2,000 even after its CEO said it would hold the line on pricing to see how rivals would react to 25% auto tariffs.

May 7, 2025

Emission Rules in Flux; Truck Makers Stay the Course

Alterations to federal emission regulations for Class 8 trucks are likely in the coming months, but the timeline for those changes is unclear, according to industry observers.

May 9, 2025

RXO Grows Revenue 57%, Reports Larger Quarterly Loss

The Charlotte, N.C.-based asset-light transportation provider posted a net loss of $31 million, or 13 cents a diluted share, for the three months ending March 31.

May 7, 2025

Electric School Bus Maker Lion Faces Likely Liquidation

A court-appointed monitor says there is a “very high” likelihood that electric truck and bus maker Lion Electric will be liquidated.

May 7, 2025

New York Lands $1.2B Venture From Yogurt Producer Chobani

Greek yogurt giant Chobani will build a 1.4 million-square-foot facility in Oneida County to make 1 billion pounds of dairy products annually, New York Gov. Kathy Hochul announced.

May 7, 2025

Container Lines Begin Canceling US-China Shipping Routes

Container liners are starting to sever shipping routes that link the U.S. and China across the Pacific, as President Donald Trump’s trade war upends the industry.

May 7, 2025

China Agrees to Trade Talks With US

China announced a barrage of measures meant to counter the blow to its economy from U.S. President Donald Trump's trade war, as the two sides prepared for talks later this week.

May 7, 2025

Tariffs Force Rivian to Lower Annual Delivery Outlook

The company now expects to sell 40,000 to 46,000 battery-powered pickups, SUVs and delivery vans this year, it said May 6 while reporting first-quarter results.

May 6, 2025