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Nippon Steel has sent a senior executive to Washington to boost its case for the $14.1 billion takeover of United States Steel, according to people familiar with the matter.

The U.S. Postal Service said Sept. 11 that it is ending discounts that shipping consolidators such as UPS and DHL use to get packages to the nation’s doorsteps.

DETROIT — Jeep and Ram maker Stellantis will spend $406 million retooling three Michigan factories so they can build electric vehicles or battery parts.

Driver detention is regularly voted as a top industry issue, ranking fifth highest for drivers in 2023, according to ATRI.

NEW YORK — BMW is lowering sales and earnings targets for the 2024 fiscal year, in a move the German carmaker said was partially triggered by hefty expenses of addressing a braking system recall.

Daimler Truck North America is making two key leadership changes this month.

WASHINGTON — The post-pandemic spike in inflation eased last month as year-over-year price increases reached a three-year low, clearing the way for the Federal Reserve to cut interest rates.

Demand and consequently output prospects for U.S. trailer manufacturers continue to dim, said Dan Moyer, FTR Transportation Intelligence senior analyst for commercial vehicles.

Speaking at the FTR Transportation Conference 2024 in Indianapolis, Dan Moyer said he would have expected build levels to decline, but that has not happened.

Brookfield Asset Management is investing up to $1.1 billion in the low-carbon e-fuels startup Infinium.