“It’s going to be a very fair number, it’ll be a low number. We’re not looking to hurt countries,” Trump said. (Evan Vucci/Associated Press) U.S. President Donald Trump said he would prescribe tariff levels and trade concessions for partners looking to avoid higher duties, appearing to move away from the idea that he would engage ...more
Newly manufactured Allison transmissions. The company's Q1 net income rose 13.6% to $192 million. (Allison Transmissions) U.S. demand this year for Class 8 vocational trucks and day cab tractors that has tracked with expectations combined with a lift from higher prices helped boost Allison Transmission earnings in the first quarter of 2025. Allison CEO David ...more
A 911 operator used the successful Clark Memorial Bridge rescue as a way to reassure the dangling truck driver in Louisville over the weekend. The truck driver crashed through a concrete barrier on Sunday, May 4th on southbound Interstate 65 in Louisville, Kentucky near the border. The crash left the cab of the semi truck ...more
Two truck drivers and their families will now pursue a lawsuit against Amazon after incidents involving poor signage at an Indiana warehouse that led to severe injury and death. Both truckers were attempting to make deliveries to an Amazon warehouse in Hancock County, Indiana, but were confused about where they needed to go due to ...more
A $6,000 reward is being offered for any information on the death of a lady trucker found on the side of an East Texas highway more than 10 years ago. 51-year-old Lillian Desiree Descoteau was found along an entrance ramp to Interstate 20 off of FM 450 in Hallsville, Texas on October 7, 2013. According to ...more
A truck driver with “no remorse” for the accident was sentenced to more than 22 years on Monday after colliding with a bus full of juvenile hockey players. Truck driver Victor Santos, of Brooklyn, New York City, New York, pleaded guilty to 26 counts each of criminal recklessness, and causing serious bodily injury while operating ...more
The excise tax on a model year 2024 zero-emission truck costing as much as $435,000 can total more than $52,000. (Rechtien International Trucks) A repeal of the 12% federal truck excise tax for new trucks would not only cut costs for truckers, it could benefit the environment and safety, according to new research by the ...more
(Bloomberg) BP Plc rose on May 5 after Bloomberg reported that Shell Plc is working with advisers to evaluate a potential acquisition of its U.K. rival. BP’s American depositary receipts climbed 1.9% to $28.64 at 9:33 a.m. in New York. The London Stock Exchange is closed May 5 due to a bank holiday. Other major ...more
Ram 1500 Express. (Stellantis North America via Facebook) Stellantis NV’s Ram brand is bringing a cheaper version of its Michigan-made pickup truck to the U.S. market in a bid to bolster sales and minimize its tariff bill. The new Ram 1500 Express, which starts at $44,495, will reach dealerships in the third quarter. It comes ...more
(Freight Technologies Inc.) A small logistics company’s plan to hold President Donald Trump’s memecoin as a treasury asset is fueling its blistering stock rally. Freight Technologies Inc. said it will use proceeds from the sale of convertible notes to buy the Trump digital token. The company intends to start with a $1 million offering, and ...more
