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

Law enforcement agencies throughout the U.S., Canada, and Mexico, are gearing up for a weeklong enforcement effort targeting unsafe commercial vehicle and passenger vehicle drivers. The Commercial Vehicle Safety Alliance’s (CVSA) Operation Safe Driver Week is taking place July 13 — 19, 2025, throughout North America. Operation Safe Driver Week is held each year in partnership ...more

A truck driver is dead after colliding with a semi truck reentering I-70 in Utah after taking the wrong exit.  The fatal accident happened on Sunday, July 6th at around 8:15 p.m. on Interstate 70 in Crescent Junction, Utah near mile post 181. According to 2 KUTV, a 2024 Freightliner was heading east on I-70 when ...more

U.S. Transportation Secretary Sean Duffy detailed a variety of plans and policies in the works to support the men and women of the trucking industry in a recent Op-Ed. DuffyIn an article shared on July 7, 2025, on the U.S. Department of Transportation (USDOT) website, Duffy breaks down the flurry of action that has taken ...more