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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.

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.

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.

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.

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.

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.

Two longtime stalwarts of the drayage community serving the Port of Oakland and beyond closed their doors in recent weeks after around four decades in business each.

Grace Ocean Private and Synergy Marine, the owners of the Dali, filed the lawsuit last week against Hyundai Heavy Industries in U.S. District Court for the Eastern District of Pennsylvania.

Caterpillar — seen as a bellwether of the health of the global economy — saw total sales slip in both construction and resource industries.

Some products have been tweaked over the years, but the basics of trailer flooring have remained constant, said Mark Glasgow, chief of sales at trailer manufacturer Utility Trailer.