Isuzu's N-Series Diesel. Isuzu led Class 4 with 740 sales in May. (Isuzu) U.S. medium-duty truck sales fell below prior-year levels again in May, marking the ninth time in 12 months that sales have declined year over year, according to data from Wards Intelligence. Classes 4-7 retail truck sales for the month decreased 9% to ...more
An auto dealership in Totowa, N.J., displays a Tariff Free sign in April. (Ted Shaffrey/AP) WASHINGTON— Retail sales fell sharply in May as consumers pulled back after a sharp increase in spending in March to get ahead of President Donald Trump’s sweeping tariffs on nearly all imports. Sales at retail stores and restaurants dropped 0.9% ...more
The Fastport eQuad prototype has undergone pilot testing in New York City. (Honda) Move over bicycle couriers, Honda Motor Co. wants to use bike lanes for a new fleet of four-wheeled electric delivery vehicles. The Japanese automaker said June 17 it plans to start small-scale production this year of an all-electric quadricycle, called the FastPort ...more
Mark Carney shakes hands with Donald Trump during an arrival ceremony during the Group of Seven Summit in Kananaskis, Alberta, on June 16. (Ludovic Marin/AFP/Getty Images) Prime Minister Mark Carney said Canada and the U.S. are aiming to strike a trade deal within a month, a goal set during a meeting with President Donald Trump ...more
(RapidEye/Getty Images) A broad collection of states are warning residents about scams under which victims receive text messages purported to be from state motor vehicle agencies seeking payment for fraudulent traffic violations, and which threaten revocation of driver’s licenses for noncompliance. “Scammers took note of the toll text scams that were everywhere a couple months ...more
Due to a growing network of pipelines, Mexico’s reliance on gas from Texas sharply scaled up beginning around 15 years ago as U.S. shale projects took off. (Waldo Swiegers/Bloomberg News) Canadian companies could help Mexico reduce its lopsided dependency on imported U.S. natural gas by maximizing its own domestic supplies of the fuel, according to ...more
Nikola's Phoenix headquarters were bought by EV maker Lucid in April. (Nikola Corp.) Bankrupt Class 8 hydrogen fuel cell tractor manufacturer Nikola’s administrators are finalizing plans for the sale of what are expected to be the last assets to go under the hammer: the intellectual property. Judge Thomas Horan on June 17 approved plans to ...more
“It’s hard to know exactly where this nets out over time, but ... we expect that this will reduce our total corporate workforce as we get efficiency gains from using AI extensively across the company," Jassy wrote. (Michael Nagle/Bloomberg News) Amazon.com Inc. CEO Andy Jassy says he expects the company’s workforce to decline in the ...more
The Estrella, a crude oil tanker operated by Lundqvist Rederierna (left), and Nansen Spirit, operated by Teekay Corp., transfer oil between them. (Chris Ratcliffe/Bloomberg) The cost of hauling refined oil out of the Middle East surged on June 17 as shippers reacted to the conflict between Israel and Iran. Rates for shipping large cargoes of ...more
A tire blowout crash killed a truck driver but left the passenger unhurt in Texas on Monday afternoon. The accident happened at about 3:45 p.m. on June 16th in Newton County, Texas. According to 6 KFDM, 41-year-old truck driver, Josette Blasdel of Leesville, Louisiana was driving east on Highway 63 near Burkeville when a rear driver’s ...more
