Canadian Prime Minister Mark Carney said he wants to maximize the impacts of retaliatory tariffs on the U.S. but minimize the pain for Canadian businesses.
August 6, 2025Search
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Eaton Q2 Profit Inches Lower as Costs Outpace Revenue Bump
Supply chain turmoil and an increase in tariffs globally are bolstering the costs of all industrial manufacturers — particularly those using aluminum, steel and copper, Eaton noted.
August 5, 2025Average Used Truck Price Rises for First Time in 2½ Years
A used Class 8 truck cost on average $60,324 in June, 10.4% more expensive than the year-ago retail price of $54,621 and 6.2% pricier than the $56,813 reported for May.
August 5, 2025Williams Sees LNG Share Topping 25% Of US Gas Market
The energy infrastructure company also sees years of robust demand for the fuel, which currently makes up about 15% of the market, according to CEO Chad Zamarin.
August 5, 2025Canada Plans Grants to Offset Soaring US Lumber Duties
Prime Minister Mark Carney said Aug. 5 the guarantees will ensure forestry companies of all sizes can maintain and restructure their operations.
August 5, 2025Musk Seeks Dismissal of Tesla Stock-Sale Suit
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.
August 5, 2025Allison Cuts 2025 Guidance on Weak On-Highway Truck Demand
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.
August 5, 2025Heavy Truck Battery Swap Station Is Test Case for Cities
Singapore’s first charging and swapping station for big rigs can replace batteries in under five minutes. The entirely automated process can handle 60 trucks a day.
August 5, 2025Federal Proposal Would Ease Out-of-Sight Drone Restrictions
The federal government had already approved 657 waivers to allow companies such as Amazon and major utilities to do this in certain circumstances, but the waiver process made it difficult.
August 5, 2025UAW Faction Seeks to Oust President Shawn Fain
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.
August 5, 2025