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The U.S. trade deficit widened to a record in March as companies rushed to import products as the Trump administration readied sweeping tariffs.

California Gov. Gavin Newsom awarded a $1.5 million tax credit for a hydrogen fuel facility and a $800,000 credit to expand Port Hueneme’s logistics and supply chain infrastructure.

House Republicans recently took a major step in their quest to approve as early as this month a comprehensive tax and budget measure supported by the Trump White House.

The automaker expects the duties to reduce 2025 adjusted earnings before interest and taxes by about $1.5 billion on a net basis this year.

UPS is in talks with robotics startup Figure AI to use humanoid robots for some tasks in the logistics giant’s network. Exact functions that Figure's humanoids would handle remain unclear.Ìý

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The manufacturer, known for its dominance in the step van segment, positioned the Kestrel as a versatile alternative for vocations ranging from last-mile delivery to emergency response.

The 1.2 million-square-foot park in Normal will allow the electric-vehicle maker to increase production at its plant in 2026, when it starts building its R2 model, said CEO RJ Scaringe.

The company's shares slumped the most since 2023 as investors shrugged off stronger-than-expected quarterly earnings to focus on deepening losses at its beef business.

The trucking industry’s anticipated pre-buy ahead of 2027 is taking a different shape as economic uncertainty, shifting regulations and tariffs cloud the market.