President Donald Trump in April. (Alex Brandon/AP) President Donald Trump plans to announce trade deals and deliver tariff warnings July 7, as countries negotiated through the weekend to avoid the highest punitive measures on their exports to the U.S. before a July 9 deadline. The timeline for the talks appeared to be reset after U.S. ...more

(Andrey Rudakov/Bloomberg) NEW YORK — Eight members of the OPEC+ alliance of oil exporting countries say they will boost production by 548,000 barrels per day in August in a move that could further reduce gas prices this year. The group that includes Saudi Arabia and Russia made the decision at a virtual meeting July 5. ...more

From left to right: Général Birame Diop, Minister for the Armed Forces; Franziska Cusumano, CEO Mercedes-Benz Special Trucks at Daimler Truck; Cheikh Ibrahima Cisse, President GTS Senegal (Photo: AETOSWire/Business Wire) BERLIN — The vehicle manufacturer Daimler Truck plans to have trucks from various Mercedes-Benz series assembled in the West African country of Senegal. The manufacturer ...more

Daimler Truck headquarters in Berlin. (Bernd Weißbrod/dpa/TNS) BERLIN — Sales fell in the second quarter for German commercial vehicle manufacturer Daimler Truck Holding AG compared to the same period of the previous year. Daimler Truck reported July 7 that lower unit sales in the second quarter were hit by sharply lower sales in the Trucks ...more

NHTSA said it is working to understand why the additional roll-away incidents occurred and identify any other possible root cause of the issue. (Andrej Ivanov/Bloomberg) U.S. auto safety regulators are investigating whether earlier recalls of more than 1 million Ram pickups did enough to address a flaw that could lead to trucks rolling away unexpectedly. ...more

“Compared with the past decade, current data show that expected levels of future interest rates are high,” Williams and his co-authors wrote. (Samuel Corum/Bloomberg) The Federal Reserve can’t assume its benchmark lending rate won’t return to zero at some point in the future, according to a group of New York Fed researchers including the bank’s ...more

A Mercedes-Benz eActros electric truck. (Krisztian Bocsi/Bloomberg) Daimler Truck Holding AG will buy back $2.34 billion of its own shares, continuing a policy of returning cash to shareholders while managing the transition to low-emission vehicles. The repurchase program will start during the second half of 2025 and is set to run for as long as ...more

A bill recently passed by the New York City Council would require the creation of overnight truck parking spaces to deal with a severe shortage of truck parking options in the city. On June 30, 2025, the New York City Council passed Int 0099, which was authored by Councilwoman Nantasha Williams.New York City Council/FacebookThe bill ...more

A time lapse video demonstrates just how fast roads disappeared under floodwater in Texas over the Fourth of July weekend.  The video was taken in Kingsland, Texas, on July 4th, just under 100 miles from Camp Mystic – a girls’ camp that was overtaken by floodwaters. The video takes place over 30 minutes, and shows the ...more

Pennsylvania State Police have a truck driver in custody 111 days after he first evaded capture on foot along a dirt road.  46-year-old Lee Dubois was spotted operating a tractor trailer on March 7th by a police officer looking to stop him for a previous active felony warrant in Schuylkill County, Pennsylvania. When the officer ...more