Aluminum producers in Quebec are diverting more of the metal used to make cans and car parts to Europe as rising U.S. tariffs make their shipments more expensive for American customers. The U.S.
President Donald Trump’s nominee to oversee American farming was once head of a group that was among the loudest opponents of a favorite U.S. agriculture product: biofuels. But Brooke Rollins, a Texas ...
Bankrupt auto parts maker First Brands Group agreed to sell some of its most-recognizable brands for $25 million after losing rescue funding and major customers. PGI Northstar will also take on ...
The Trump administration plans to announce a tiered tariff system on steel and aluminum derivatives, keeping 50% duties on many products while applying 25% or lower rates to others. Officials said the ...
Production at Volvo Group’s new Monterrey heavy-duty truck plant will begin in July, Volvo Trucks North America President Peter Voorhoeve said March 31. The $700 million, 1.7 million-square-foot plant ...
[Stay on top of transportation news: Get TTNews in your inbox.] Canada has effectively suspended almost all of its retaliatory tariffs on U.S. products, tamping down inflation risks and improving its ...
Stellantis NV is discussing options for building electric vehicles in Canada with its Chinese partner, Zhejiang Leapmotor Technology Co., according to people familiar with the matter, a sign of how ...
U.S. manufacturing activity expanded in March by the most since 2022, while input prices continued to surge amid the war with Iran. The Institute for Supply Management’s gauge of prices paid for ...
[Stay on top of transportation news: Get TTNews in your inbox.] Iran’s weekend strikes on Persian Gulf aluminum plants are threatening to send a fragile market into crisis, raising the prospect of ...
Volvo Trucks North America expects Class 8 orders to rise in 2026 due to a mild pre-buy despite weak freight demand. February Class 8 orders surged year over year, but sales fell to the lowest ...
Exxon Mobil Corp. is buying a battery materials factory in southern Kentucky as the oil major pushes further into the growing market for energy storage. The manufacturing facility in Hopkinsville, ...
In a turbulent economy, Lairsen urges transportation companies to finance truck fleets with a mix of buying and leasing rather than defaulting to one approach. A balanced strategy matters because it ...