The FMCSA has issued exemptions for truck drivers involved in Texas flood relief efforts for the next month.  The Federal Motor Carrier Safety Administration issued the emergency declaration on Monday, July 7th for floods that began in Central Texas on July 3rd. The emergency order exempts truck drivers providing direct assistance to flood efforts from FMCSA ...more

Lawmakers have introduced a bill intended to support domestic manufacturing by creating a tax credit to incentivize the purchase of American retreaded tires. The Retreaded Tire Jobs, Supply Chain Security and Sustainability Act of 2025 bill was reintroduced by Reps. Darin LaHood (IL-16) and Emilia Sykes (OH-13) in May 2025.The bill would provide a 30% ...more

(Wabtech Corp.) Fresh off its $1.78 billion acquisition of an inspection technology firm, Wabtec Corp. said July 7 that it is buying Austrian wheel sensor maker Frauscher Sensor Technology Group GmbH. The all-cash deal is valued at $790 million. Wabtec, which makes locomotives and technology for freight and transit rail systems, also has another acquisition ...more

In over-the-road trucking, retreading is common. (Michelin) As one of the top expenses for trucking companies of all types and sizes, tires go a long way toward determining a motor carrier’s profitability and success. Selecting the best tire options for a specific fleet involves weighing trade-offs and evaluating multiple variables, from the purchase price and ...more

President Donald Trump on July 7. (Alex Brandon/AP) President Donald Trump said he would not offer any extensions to a new Aug. 1 deadline for nations to begin paying so-called reciprocal tariffs. “TARIFFS WILL START BEING PAID ON AUGUST 1, 2025. There has been no change to this date, and there will be no change,” ...more

A tank truck driver connects a hose to an underground tank in Jackson, Miss. Diesel's average price in the Gulf Coast region gained 1.4 cents a gallon. (Rogelio V. Soli/Associated Press) The national average diesel price showed a modest post-holiday uptick, rising 1.2 cents a gallon to $3.739 a gallon, according to U.S. Energy Information ...more

Daimler Truck headquarters in Berlin. (Bernd Weißbrod/dpa/TNS) Daimler Truck Holding AG said it plans to double the size of its defense business by 2030 as it seeks to profit from higher military spending globally. The world’s biggest manufacturer of commercial vehicles is looking to expand the high-margin product area while undertaking cost cuts elsewhere as ...more

Vehicles for export are parked at a port in Pyeongtaek, South Korea, on July 8. (Ahn Young-joon/AP) President Donald Trump sent letters to 14 countries July 7 outlining higher tariffs they’ll face if they don’t make trade deals with the U.S. by Aug. 1. In the letters, which were posted on Truth Social, Trump warned ...more

An Amazon delivery truck leaves an Amazon distribution center in Richmond, Calif. (Justin Sullivan/Getty Images/TNS) Amazon.com Inc.’s Prime Day is slamming into President Donald Trump’s trade war, with ever-shifting tariffs prompting some brands to sit out the summer sale and some shoppers dropping hints they plan to pull back. The event, which began July 8 ...more

Also was spun out of Rivian earlier this year with $105 million in funding from the automaker, which retained a minority stake, and venture capital firm Eclipse. (coffeekai/Getty Images) A Rivian Automotive Inc.-backed startup developing small electric vehicles was valued at $1 billion in a new investment from Greenoaks Capital, according to people familiar with ...more