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XPO Inc. increased earnings 3% despite a year-over-year decline in revenue during the first quarter of 2025, the company reported April 30.

U.S. lawmakers are reintroducing legislation that aims to revive American shipbuilding, riding off momentum of an executive order from President Donald Trump announced in April.

Speakers and exhibitors at the 2025 Advanced Clean Transportation Expo illustrated a growing interest in cleaner-burning and renewable fuels for the internal combustion engine.

Caterpillar expects slightly lower sales this year if Trump administration tariffs remain in place and the economy dips into a recession in the second half.

The future of the updated Semi is “bright and electric,” according to Dan Priestley, senior manager of Semis for Tesla.

American businesses are canceling orders from China, postponing expansion plans and hunkering down to see what trade policy surprises President Donald Trump plans to spring on them next.

The U.S. economy shrank 0.3% from January through March, first drop in three years. It was slowed by a surge in imports as companies in the United States tried to bring in foreign goods before President Donald Trump imposed massive tariffs.

Japan’s top automaker, Toyota, announced a partnership with U.S. autonomous driving technology company Waymo on April 30.

Mack Trucks pulled back the curtain April 29 on plans to launch a battery-electric version of the Volvo Group division’s recently unveiled flagship on-highway Class 8 tractor, the Pioneer.

Archer-Daniels-Midland Co. is cutting jobs at its global commodity desk after a probe into its accounting practices wiped out billions from the agriculture giant’s value, according to sources.