Section 232 tariffs on medium- and heavy‑duty trucks and parts remain the primary driver of pricing. Truck makers and suppliers are monitoring new tariff actions while evaluating supply chain effects.
FedEx said it will return any tariff refunds to shippers and customers who paid them after suing in the U.S. Court of International Trade over illegal IEEPA tariffs. The refunds matter because more ...
Former First Brands executive Peter Andrew Brumbergs pleaded guilty Jan. 27 to falsifying financial statements, inflating invoices and double‑pledging collateral to secure financing. The fraud ...
Daimler Truck and Toyota Motor Corp. named their merged medium-duty truck venture Archion, set to begin operations April 1, 2026. The joint company will combine Mitsubishi Fuso and Hino Motors ...
President Donald Trump will sign a directive in the coming days raising his global tariff to 15% “where appropriate” and is seeking “continuity” with nations that struck trade deals, U.S. Trade ...
[Stay on top of transportation news: Get TTNews in your inbox.] Walmart Inc.’s bonuses for U.S. corporate staff will once again surpass their target, a reflection of the retailer’s strong performance ...
Lucid Group plans to boost electric vehicle output more slowly in 2026 following a year marked by production struggles and faltering demand for battery-powered vehicles in the U.S. The EV maker will ...
HANOI, Vietnam — China is replacing its diesel trucks with electric models faster than expected, potentially reshaping global fuel demand and the future of heavy transport. In 2020, nearly all new ...
[Stay on top of transportation news: Get TTNews in your inbox.] Businesses suing to challenge President Donald Trump’s global tariffs have asked lower courts to reopen the legal proceedings so that ...
Forward Air reported a net loss in Q4 as it continued restructuring efforts and advanced a strategic review. The for-hire carrier consolidated domestic operations into one ground network and adjusted ...
[Stay on top of transportation news: Get TTNews in your inbox.] European Union officials believe the U.S. will soon streamline its broad tariffs on products containing steel and aluminum, a topic that ...
Massachusetts Gov. Maura Healey imposed a nonessential travel ban in Bristol, Plymouth and Barnstable counties as a severe winter storm buried the region. The storm caused more than 300,000 power ...
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