manufacturing News Updates

Business

Watch: Buyers Line Up for Nikola’s Remaining Inventory

Site visits are set to start for potential buyers of Nikola’s remaining assets in the coming days, said Vince Lorenz, Nations Capital director of fleet and valuations.  

June 10, 2025
Government, Business, Technology, Equipment, Fuel

Senate GOP Prepares New Draft of Trump’s Tax Plan

Senate Republicans intend to propose revised tax and health care provisions to President Donald Trump’s $3 trillion signature economic package, shrugging off criticism by Elon Musk.

June 9, 2025
Government, Business

Manufacturing Activity Shrank in May for Third Straight Month

U.S. factory activity contracted in May for a third consecutive month and a gauge of imports fell to a 16-year low as firms pulled back in the face of higher tariffs.

June 3, 2025
Government, Business, Technology, Logistics

Carney Fights Trump Tariffs With Domestic Trade Push

Prime Minister Mark Carney is pushing to offset the economic pain caused by U.S. President Donald Trump’s tariffs by compelling Canadian provinces to liberalize trade with one another.

June 2, 2025
Government, Business

Northern US Mayors Call for End to Trade War With Canada

Mayors in states that border Canada are calling for an end to President Donald Trump’s trade war with the country, saying it has harmed businesses and workers in their communities.

May 30, 2025
Government, Business, Technology, Equipment, Fuel

Rivian to Build $120 Million Supplier Park in Illinois

The 1.2 million-square-foot park in Normal will allow the electric-vehicle maker to increase production at its plant in 2026, when it starts building its R2 model, said CEO RJ Scaringe.

May 5, 2025
Government, Business, Equipment

Tariff 'Chaos' Drags Manufacturing Gauge to Worst Since 2020

A widely followed measure of Texas manufacturing activity weakened as executives used words like “chaos” and “insanity” to describe the turmoil spurred by President Donald Trump’s tariffs.

April 28, 2025
Business, Logistics, Private

Thyssenkrupp Weighs Exit Options for Logistics Unit

Thyssenkrupp is exploring exit options for its materials trading unit that could be valued at as much as $2.2 billion in a deal, as the industrial conglomerate looks to streamline operations.

April 9, 2025
Government, Business

Trump Announces New Tariffs to Promote US Manufacturing

President Donald Trump rolled out a whole new set of tariffs April 2 in a move that experts warn could disrupt transportation and the supply chain.

April 2, 2025
Business, Equipment, For-Hire, Top 100

Trimac Buys Flatbed Specialist Watt & Stewart

Trimac Transportation acquired flatbed and specialized haulage carrier Watt & Stewart for an undisclosed sum.

January 27, 2025