Daimler Truck Sets $2.34 Billion Share Buyback
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 ...more
Tesla Profit Falls 71%, Revenue Drops 9% in Q1
The Tesla logo at the Tesla Service and Showroom center in Ottawa was spray painted by a protester March 31. ...more
States Sue Trump Over Tariffs Imposed Without Congress
(Michael Nagle/Bloomberg News) A dozen U.S. states filed a lawsuit challenging President Donald Trump’s sweeping tariffs against the nation’s trading ...more
Volvo’s US Job Cuts to Total 1,000 VTNA, Mack Employees
As many as 350 staff were laid off in early April at Volvo Trucks North America’s New River Valley assembly ...more
Old Dominion Freight Line Q1 Profit Falls 12.9%; OR Weakens
ODFL posted an operating ratio of 75.4 in the quarter, compared with 73.5 a year earlier. (Rogelio V. Solis/Associated Press) ...more
Trump Hasn’t Offered Unilateral Tariff Cuts on China
“As I’ve said many times, I don’t think either side believes that the current tariff levels are sustainable, so I ...more
The California Highway Patrol (CHP) responded to an unusual semi truck crash near Lodi on Wednesday. The crash occurred around ...more
Fleets Use Tech, AI to Drive Efficiency, Stay Competitive
Kaleb Groce, director of operations for Royal Logistics, says his company uses data from its ...more
Trump Prepares Auto Tariff Announcement as Soon as Today
Newly manufactured automobiles wrapped in protective film sit on the dockside during loading operations at ...more
Trump Hits Auto Imports With 25% Tariff in Trade Fight
Newly manufactured automobiles wrapped in protective film sit on the dockside during loading operations at ...more
The man found partially buried at a landfill earlier this month has been identified as ...more
Even flatbedder dogs have a tougher job than their dry van counterparts, according to this ...more
A truck driver is facing charges after witnesses say he stepped out of his rig ...more
A trucker’s dash cam was key to locating a suspect who opened fire on his ...more
The Knoxville Police Department (KPD) arrested two juvenile males for allegedly targeting several semi trucks ...more
Medium-Duty Truck Sales Rise 28.6% in May
An eMV Series electric medium-duty truck comes off the assembly line at Navistar's San Antonio ...more
The Oklahoma Highway Patrol (OHP) shared dash cam video from a fiery semi truck crash ...more
May Trailer Orders Decrease 54% Year-Over-Year
A Stoughton employee works on a front corner panel (Stoughton Trailers) U.S. trailer orders more ...more
Truck Manufacturer CSTH Invests $7.5M for Kentucky Expansion
The expansion will allow CSTH to internalize weldment and machined parts that are currently outsourced ...more
Transportation, Labor Nominees Await Senate Action
In the months since President Joe Biden nominated senior officials to key positions in his ...more
A targeted roadway enforcement effort that uses purchased driver data is currently underway in Washington ...more
International SuperTruck II Reaches 16 MPG
Navistar International's SuperTruck II includes a 100% composite box designed for minimum aerodynamic drag. (Navistar) ...more
Trump Halts Canada Trade Talks Over Digital Tax
The Canadian dollar dropped more than 0.5% almost immediately. (Anna Moneymaker/Getty Images) President Donald Trump ...more