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Torc Invests $5.6M to Create Engineering Hub in Michigan

°®¶¹´«Ã½ plans to invest nearly $5.6 million to create an engineering hub in Michigan.

June 24, 2025

Trucking Backs English Tests as Enforcement Begins

The trucking industry voices its support for the directive to place drivers out of service if they fail to demonstrate proficiency of the English language during roadside inspections.

June 24, 2025

Continental Cuts Margin Target Over Tariffs Ahead of Breakup

Continental lowered a profitability target for the year due to rising costs from U.S. tariffs as the German automotive supplier forges ahead with a plan to dismantle itself.

June 24, 2025

Senators Avoid EV, Hybrid Fees in Their Version of Budget Bill

The U.S. Senate’s tax-writing panel in June put its official stamp on the chamber’s upcoming budget bill, which will notably not include a fee on electric and hybrid vehicles.

June 24, 2025

Fed to Wait to Reduce Interest Rates as Trump Demands Cuts

The Federal Reserve will continue to wait and see how the economy evolves before deciding whether to reduce its key interest rate, Chair Jerome Powell said June 24.

June 24, 2025

Diesel Price Shoots Up 20.4¢ to $3.775 a Gallon

Against the backdrop of rising tensions in the Middle East, the national average price of a gallon of diesel increased for the third consecutive week, spiking 20.4 cents to $3.775 a gallon.

June 24, 2025

Auto Industry Pushes Back on Trump’s Chip Tariff Threat

Blowback to President Donald Trump’s idea of tariffs on imported semiconductors is proving to be broad and deep, and includes Tesla, Ford and GM.

June 24, 2025

Pressure to Seal Trump Trade Deals by July 9 Ramps Up

Two weeks from President Donald Trump’s deadline to reach trade deals, some of the talks aimed at clinching agreements to avoid higher tariffs are struggling to get over the finish line.

June 24, 2025

Waymo Robotaxis Hit Streets in Atlanta Today

Waymo’s robotaxis will begin carrying passengers through parts of Atlanta on June 24 in an expansion of a partnership with Uber that began earlier this year in Austin, Texas.

June 24, 2025

Isaac Gains DOD Approval for Military Shipment Tracking

Isaac Instruments has announced its platform with satellite communication has been approved by the U.S. Department of Defense for motor carriers hauling sensitive military shipments.

June 23, 2025