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Grace Ocean Private and Synergy Marine, the owners of the Dali, filed the lawsuit last week against Hyundai Heavy Industries in U.S. District Court for the Eastern District of Pennsylvania.

Caterpillar — seen as a bellwether of the health of the global economy — saw total sales slip in both construction and resource industries.

Some products have been tweaked over the years, but the basics of trailer flooring have remained constant, said Mark Glasgow, chief of sales at trailer manufacturer Utility Trailer.

Copper rose as traders digested President Donald Trump’s decision to spare the most traded form of the metal from his 50% tariff, while a mine accident in Chile raised supply concerns. 

Missouri Gov. Mike Kehoe welcomed a $31 million expansion by a unit of Schütz Container Systems in an investment targeting Midwest customers by the maker of intermediate bulk containers.

The  iX3 SUV will be the first of 40 new or updated models. “We’re 109 years old, and it’s by far the biggest single investment into one architecture we’ve ever done,” CEO Oliver Zipse said.

The Pittsburgh-based automated driving developer during the quarter launched commercial driverless operations, added a terminal in Phoenix and began initial nighttime operations.

Farmers will soon start feeling the impact from President Donald Trump’s tariffs in the form of higher prices for the machines used to plant, treat and harvest fields.

Profit at Daimler Truck tumbled in the second quarter of 2025 as North American sales slumped, with little prospect of a near-term improvement if Q2 orders are anything to go by.

The EPA's plan this week to relax rules aimed at cleaning up auto tailpipe emissions is the latest Trump administration move to undo incentives for automakers to go electric.