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Mississippi Gov. Tate Reeves enacted legislation to implement rolling 3-cent annual hikes in gas and diesel excise taxes starting July 1 in a package of tax laws, including one eliminating state income tax.

The strategy is one leg of a more wide-ranging plan to raise the logistics giant’s revenue by 50% by 2030 by focusing on fast-growing and high-margin niche markets.

The European Union and U.S. made scant progress bridging trade differences this week as U.S. officials indicated that the bulk of the U.S. tariffs imposed on the bloc will not be removed.

Leaders at two truck driving trade groups are expressing “serious concerns” to federal regulators that lax entry-level driver training enforcement may be jeopardizing public safety.

Medium-duty truck sales also increased 26% sequentially from the 15,824 units reported in February. But notably, the results were dragged down by a lack of activity in Class 4.

Legislation designed to respond to industry concerns associated with an increase in cargo theft was recently introduced on Capitol Hill.

The Canadian government said it will allow automakers to import a number of U.S.-made cars and trucks without tariffs, as long as the companies keep manufacturing vehicles in Canada.

Caterpillar Inc. said Joe Creed, a 28-year veteran of the U.S. machinery manufacturer, will be its next CEO.

The International Energy Agency slashed forecasts for global oil demand this year amid the trade war, and in its first detailed assessment of 2026 predicted a persistent supply surplus.

President Donald Trump has proposed a fee of at least $1 million each time a Chinese-operated or Chinese-built ship enters a U.S. port.