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President Trump said if Hassett were to leave the White House National Economic Council, it would deprive the administration of one of its most powerful messengers of the economy.

Guillaume Giroudon will become general manager of Mack Trucks’ Lehigh Valley Operations manufacturing plant in Macungie, Pa., the Volvo Group division said.

Daimler Truck North America sold 34,017 trucks and buses in Q4 2025, down 27.5% from 46,906 vehicles in the same period a year earlier, parent company Daimler Truck said Jan. 16.

FedEx has filed to spin off its freight division into its own stand-alone business, the company announced Jan. 16. The separation is on schedule to be completed June 1.

Cox Automotive unveiled Cox Fleet, a new fleet services brand that combines its commercial vehicle maintenance and roadside operations under a single organization.

The Department of Transportation has threatened to withhold federal highway funds from any state that didn't work to scrub licenses with discrepancies.

Weakness in Daimler Truck's key North American market was largely to blame for the decline, with sales slumping 26% to 142,000 vehicles.

A ruling against Trump on tariffs would undercut the centerpiece of his economic agenda and deliver his biggest legal defeat since returning to the White House.

Venezuela’s acting President Delcy Rodríguez used her first state of the union message Jan. 15 to advocate for opening the crucial state-run oil industry to more foreign investment.

NHTSA granted Tesla a five-week extension to start addressing a defect investigation into its cars violating traffic laws while its Full Self-Driving system is engaged.