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A merger would create a single U.S railroad with service stretching from the East to the West Coast.

Optimism is growing at truck maker Paccar about order levels and demand for new tractors in the second half of 2025 and in 2026, said CEO Preston Feight.

The Phoenix-based truckload motor carrier posted net income of $34.2 million, or 21 cents a diluted share, for the three months ending June 30. That was 68.7% higher than last year.

Union Pacific and Norfolk Southern are in merger talks that would create a railroad in North America that essentially connects the East and West Coasts.

The fallout from Elon Musk’s plunge into politics a year ago is still hammering his Tesla business as both sales and profits dropped sharply again in the latest quarter.

U.S. automakers face a 50% tariff on steel and aluminum and a 25% tariff on parts and finished vehicles, with some exceptions for products covered under the USMCA that went into effect in 2020.

Walmart is hiring an executive from Instacart to accelerate its use of artificial intelligence as one of the world’s largest retailers looks to bolster its competitive edge.

The depot will include at least eight trailer-enabled fast-charge stalls for Class 8 trucks, alongside chargers for medium- and light-duty vehicles, with 24/7 access.

The reductions were handed down on July 18 and take effect Sept. 26, according to a filing with the Texas Workforce Commission on July 23.

With federal incentives meant to encourage EV sales set to disappear later this year, things are likely to get even more challenging in the coming months.