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Oil industry foes are preparing to go to court to fight the Environmental Protection Agency regulation issued May 31 that allows year-round sales of higher-ethanol E15 gasoline nationwide.

U.S. automakers and parts suppliers were among the sectors hit hardest in early trading May 31 after President Donald Trump’s threat to impose a tariff of up to 25% on Mexican goods. General Motors Co. and Ford Motor Co. each fell more than 3%.

The U.S. National Pork Producers Council urged President Donald Trump to reverse his decision to impose new tariffs on Mexico over illegal immigration.

The Commerce Department said May 31 that consumer spending increased 0.3% in April after a 1.1% surge in March that had been the largest increase in nearly a decade. Personal income growth, which had been lagging in recent months, jumped 0.5% in April.

President Donald Trump said that he would impose a 5% tariff on Mexican goods until that country stops immigrants from entering the U.S. illegally.

Trucking maintenance software may soon be able to predict engine trouble long before it happens, as sensors and software become more advanced, experts said.

Six months before ocean vessels will be required to burn low-sulfur fuel, such as diesel used in trucks, a U.S. Department of Commerce advisory committee disclosed recommendations to mitigate potential fuel shortages and price spikes.

JWF Defense Systems will provide the armored cab system for the M917A3 Heavy Dump Truck contract the U.S. Army awarded to Mack Defense, a unit of Volvo Group.

Democrats are still holding out hope they can advance the replacement for NAFTA despite ongoing acrimony between President Donald Trump and Democratic congressional leaders, including House Speaker Nancy Pelosi.

China, the world’s largest soybean buyer, has put purchases of American supplies on hold after the trade war between Washington and Beijing escalated, according to people familiar with the matter.