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Caterpillar Expects Lower 2025 Sales if Trump Tariffs Stay

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.

April 30, 2025

Watch: Weak Oversight in CDL Programs Sparks Industry Concerns

Top leaders at theĚýĚýand theĚýĚýare expressing “serious concerns” to federal trucking regulators that entry-level driver training enforcement has not kept pace with the threat posed by unscrupulous entities graduating drivers without adequate preparation.

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April 30, 2025

Shipments From China Fall as Tariffs Loom

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.

April 30, 2025

Economy Shrinks 0.3% in Q1, the First Drop in Three Years

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.

April 30, 2025

Toyota Starts Collaboration on Autonomous Cars With Waymo

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

April 30, 2025

Mack Trucks Announces Pioneer Electric Plans

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.

April 29, 2025

ADM Layoffs Upend Trader’s Global Commodity Desk

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.

April 29, 2025

International Motors Job Cuts Limited to Mexico, CEO Says

International Motors does not expect any job cuts at its U.S. manufacturing facilities despite a slump in demand in the first quarter of 2025, CEO Mathias Carlbaum said April 29.

April 29, 2025

Trump Signs Order Providing Relief From Auto Tariffs

President Donald Trump signed an executive order easing the impact of his auto tariffs, yielding to weeks of intense lobbying from automakers, parts suppliers and car dealers.

April 29, 2025