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The added capacity builds on an earlier project launched in September 2024, when CSTH broke ground on a separate $28 million, 250,000-square-foot facility in Cynthiana, Ky.

The new facility is designed specifically to handle cold-rolled steel coils. It marks the first phase in a plan to upgrade the site into a high-performing logistics hub for central Alabama.

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

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.

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.

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.

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.

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.

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.

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.