Troubled auto part supplier First Brands Group is preparing to file for bankruptcy as soon as next week and is looking to secure a loan of at least $1 billion to keep the business running while it ...
With President Donald Trump’s tax bill killing EV incentives at the end of the month, the push for a sub-$30,000 vehicle that runs on electrons may help buttress the projected dip in sales.
President Donald Trump said his administration will use funds collected from tariffs to assist beleaguered U.S. farmers, who have thus far been hit hard by his trade policies. “We’re going to take ...
[Stay on top of transportation news: Get TTNews in your inbox.] Costco Wholesale Corp. reported quarterly profit that was better than expectations, a sign that spending remains healthy as shoppers ...
WASHINGTON — President Donald Trump’s pick to lead the Federal Motor Carrier Safety Administration is among the nominees expected to be considered by the Senate soon. Derek Barrs, nominated for the ...
The loan, finalized by the Biden administration in November 2024, was among $400 billion in green bank deals halted by the Trump administration as part of its review of energy financing.
President Trump announced a 25% tariff on heavy-duty trucks manufactured outside the United States, set to take effect Oct. 1, in what he says is an effort to protect domestic truck manufacturers from ...
U.S. auto safety regulators opened an investigation into Rivian Automotive Inc. over issues with the seat belts in its electric delivery vans that could introduce additional risk in the event of a ...
McLeod Software showcased its AI investments and partnerships at its 2025 user conference, including its first proprietary AI tool that cuts communication response times from 30 minutes to seconds.
[Stay on top of transportation news: Get TTNews in your inbox.] For-hire motor carriers won their largest share of outbound freight from companies with their own fleet in the past 20 years, according ...
[Stay on top of transportation news: Get TTNews in your inbox.] The U.S. lowered tariffs on auto imports from the European Union to 15% retroactive to Aug. 1, cementing the terms of the framework ...
DOT wants input from the public, state and local officials, law enforcement officers and freight stakeholders by Oct. 20. Cargo theft at marine terminals and during vessel-truck-rail transfers present ...
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