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Container liners are starting to sever shipping routes that link the U.S. and China across the Pacific, as President Donald Trump’s trade war upends the industry.

The company now expects to sell 40,000 to 46,000 battery-powered pickups, SUVs and delivery vans this year, it said May 6 while reporting first-quarter results.

The Labor Department is reviewing the Biden administration’s 2024 worker classification guidance, which directs employers on how to determine whether a worker is an employee or independent contractor.

Logistics and shipping giant experienced a 45.6% surge in earnings off lower revenue during the first quarter of 2025, the company reported April 30.

Equipment manufacturer Cummins saw revenue fall in Q1 on the back of weaker on-highway truck sales in both North and South America and broad buyer worry about business trends.

Congress has voted to kill a Biden-era rule requiring rubber tire makers to clean up planet-warming emissions from their manufacturing processes in the U.S.

Data center and electricity generation construction continued to power Eaton profit and revenue increases in Q1 as the component manufacturer’s vehicles division lagged again.

President Donald Trump indicated that he would strike a friendlier relationship with Canadian Prime Minister Mark Carney than the one he had with Justin Trudeau, whom Trump “didn’t like.”

U.S. demand for Class 8 vocational trucks and day cab tractors that has tracked with expectations combined with a lift from higher prices helped boost Allison Transmission profit in Q1 2025.