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CEO Elon Musk predicted on his social media service X that Tesla robotaxis could launch in the San Francisco Bay area “probably in a month or two,” pending regulatory approvals.
The Treasury Department recorded $27 billion in customs-duties revenue for June, bringing fiscal year-to-date inflows from levies to $113 billion.
North American Class 8 truck orders remained below the previous year’s results and also lost ground sequentially during June, according to ACT Research.
U.S. buyers of copper will pay a high price if President Donald Trump pushes ahead with a 50% tariff on refined metal as opposed to products such as wiring, according to producers and analysts.
Performance Food Group has attracted takeover interest from US Foods, a potential deal that would create a food distribution company with combined sales of roughly $100 billion.
President Donald Trump said he would not offer any extensions to a new Aug. 1 deadline for nations to begin paying so-called reciprocal tariffs.
President Donald Trump announced tariffs of 25% on goods from Japan and South Korea beginning on Aug. 1, as he moved to impose unilateral rates on countries that have not yet secured trade deals.
Policymakers in the House of Representatives will prioritize traditional surface transportation projects when they kick off negotiations on a multiyear highway policy bill.
As one of the top expenses for trucking companies of all types and sizes, tires go a long way toward determining a motor carrier’s profitability and success.
The trucking industry is wrestling with an unclear market trajectory forged through a combination of chaotic geopolitical negotiations and enduring market weakness.
Daimler Truck 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.
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