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Siddhant Awasthi's decision follows a string of executive exits at Tesla, which has grappled with lukewarm consumer demand and the loss of U.S. incentives while pursuing new business lines.

Global freight flows have entered a period of transformation as the U.S.-led trade war and other policy changes have upended the business landscape for international shipping.

J.B. Hunt has 200 compressed natural gas trucks, most of which have 12-liter engines. Over the past 12 months, the carrier introduced 15-liter RNG engines to its fleet.

It’s unclear if the next few months will mark a turning point for the struggling farm machinery sector, with minimal details on the U.S.-China trade deal for manufacturers.

Daimler Truck North America orders in the most recent quarter totaled 26,168 trucks and buses, down 29% year over year from 36,794 vehicles, but nearly double Q2’s 13,842 total.

First Brands Group won access to $600 million of remaining bankruptcy financing, which company lawyers said was needed to prevent the company from immediately shutting down.

On-highway truck and engine sales in North America are set to fall 15% in the fourth quarter compared with Q3, Cummins Chief Financial Officer Mark Smith warned analysts and investors.

Honda lowered its profit projection for the fiscal year through March 2026 to $2 billion, which would be a decline of 64% from the year before.

“We’re just about flat, which tells us, we’re leveling off and we’re starting to live in that new norm,” says Scott Cornell, a crime and theft specialist at Travelers.

The U.S. is pushing forward on President Trump’s pledge to pause penalties aimed at China’s shipbuilding industry, a key concession in his interim trade pact with counterpart Xi Jinping.