Wabtec to Buy Wheel Sensor Maker in $790 Million Deal
(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 ...more
Trucking Fleets Navigate Tire Costs and Performance
In over-the-road trucking, retreading is common. (Michelin) As one of the top expenses for trucking companies of all types and ...more
Trump Says Aug. 1 Tariff Deadline Won’t Be Extended
President Donald Trump on July 7. (Alex Brandon/AP) President Donald Trump said he would not offer any extensions to a ...more
Diesel Price Edges Up 1.2¢ to $3.739 a Gallon
A tank truck driver connects a hose to an underground tank in Jackson, Miss. Diesel's average price in the Gulf ...more
Daimler Truck to Double Defense Business, Cut 5,000 Jobs
Daimler Truck headquarters in Berlin. (Bernd Weißbrod/dpa/TNS) Daimler Truck Holding AG said it plans to double the size of its ...more
A Look at the 14 Countries That Received Trade Letters
Vehicles for export are parked at a port in Pyeongtaek, South Korea, on July 8. (Ahn Young-joon/AP) President Donald Trump ...more
Some Sellers Sit Out Amazon Prime Day Over Tariffs
An Amazon delivery truck leaves an Amazon distribution center in Richmond, Calif. (Justin Sullivan/Getty Images/TNS) Amazon.com Inc.’s Prime Day is ...more
A Look at the 14 Countries That Received Trade Letters
Vehicles for export are parked at a port in Pyeongtaek, South Korea, on July 8. ...more
Some Sellers Sit Out Amazon Prime Day Over Tariffs
An Amazon delivery truck leaves an Amazon distribution center in Richmond, Calif. (Justin Sullivan/Getty Images/TNS) ...more
Rivian-Backed Also Hits Unicorn Status With $200M Raise
Also was spun out of Rivian earlier this year with $105 million in funding from ...more
EIA Trims Forecast for 2025 US Crude Oil Output
Drilling rigs in the U.S. have been declining steadily and are hovering near four-year lows. ...more
Canada Adds Antitrust Heat to Amazon as Prime Day Begins
The watchdog’s announcement coincides with the beginning of the Amazon Prime Day sales event, which ...more
Trump Says Powell Should Resign if He Misled Congress
“There’s no VIP dining room, there’s no new marble,” Powell said of the Marriner S. ...more
Trump to Impose 50% Copper Tariff, Delay Drug Duties
Copper futures surged as much as 17% after Trump’s comments, the largest intraday gain in ...more
Ford Battery Plant Clears Hurdle With Tax Credit Win
The automaker said in a statement July 8 that the battery facility in Marshall, Mich., ...more
Trump Says Tariffs on Foreign Farm Goods Start April 2
The president did not provide more detail on which products would be affected, or if ...more
Aramco CEO Sees Strong Oil Demand Amid OPEC+ Output Revival
Amin Nasser by F. Carter Smith/Bloomberg Global oil demand will hit a record this year ...more
Watch this police officer pull a motorist from a flaming crash with a tanker truck ...more
New York State Police (NYSP) shared dash cam video of a two truck crash that ...more
Traton CEO Sees EPA Pre-Buy Sales Slipping to 2026
International Motors' orders for Q4 totaled 13,842 vehicles, of which 11,175 were trucks, with 10,167 ...more
Moving Industry Leaders Debate Business Growth Tactics
From left: Oded Carmi, president of DN Van Lines and moderator of the event; O'Gorman; ...more
Battery Maker Northvolt Hits End of Line
(Mikael Sjoberg/Bloomberg News) Northvolt AB filed for bankruptcy in Sweden, bringing to an end a ...more
A major pileup has been reported near Amarillo, Texas, on Friday. The pileup occurred on ...more