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Container liners are starting to sever shipping routes that link the U.S. and China across the Pacific, as President Donald Trump’s trade war upends the industry.

China announced a barrage of measures meant to counter the blow to its economy from U.S. President Donald Trump's trade war, as the two sides prepared for talks later this week.

The company now expects to sell 40,000 to 46,000 battery-powered pickups, SUVs and delivery vans this year, it said May 6 while reporting first-quarter results.

The Labor Department is reviewing the Biden administration’s 2024 worker classification guidance, which directs employers on how to determine whether a worker is an employee or independent contractor.

Equipment manufacturer Cummins saw revenue fall in Q1 on the back of weaker on-highway truck sales in both North and South America and broad buyer worry about business trends.

Congress has voted to kill a Biden-era rule requiring rubber tire makers to clean up planet-warming emissions from their manufacturing processes in the U.S.

President Donald Trump indicated that he would strike a friendlier relationship with Canadian Prime Minister Mark Carney than the one he had with Justin Trudeau, whom Trump “didn’t like.”

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Diamondback Energy, the largest independent oil producer in the Permian Basin, says production has likely peaked in America’s shale fields and will decline in the months ahead.

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The national average diesel price ticked down 1.7 cents a gallon to $3.497, according to U.S. Energy Information Administration data released May 6.