������ý

The filing came the same day Tesla directors disclosed their decision to grant Elon Musk an interim stock award — valued at $30 billion — while a legal fight over his 2018 pay package drags on.

Allison Transmission profit nudged higher in Q2 of 2025, but ongoing U.S. on-highway truck demand weakness led the automatic transmission specialist to cut its full-year guidance.

Workers at a Stellantis truck factory in suburban Detroit and an engine plant in Michigan voted over the weekend to start the union’s process to remove its leader ahead of an election next year.

Two longtime stalwarts of the drayage community serving the Port of Oakland and beyond closed their doors in recent weeks after around four decades in business each.

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.

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.

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.

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.