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Gov. Gretchen Whitmer said in a speech at the Detroit Auto Show that the administration's tariff strategy has hurt American auto manufacturing and is benefiting Chinese competitors.

Transportation Equipment Network closed a $50 million enterprise lease agreement with USA Truck, providing a long-term trailer fleet as the carrier moves forward under new ownership.

The San Jose, Calif.-based company could seek $300 million to $400 million, a source told Bloomberg. A listing in the U.S. could take place as soon as the end of this year or early 2027.

The last ATA Driver Compensation Study found truckload drivers earned median annual pay of $76,420 in 2023, a 10% increase compared with the level reported in 2021’s study.

“We built our entire vehicle business as an industry between Canada, Mexico and the U.S.,” Ford CEO Jim Farley said Jan. 15 in a Bloomberg TV interview. “We have to get this revised.”

Antonio Filosa is overseeing a wide-ranging review of the automaker’s global operations in bid to stabilize the company after suffering dramatic market-share declines under Carlos Tavares.

This is PlusAI’s second attempt to go public. The company announced plans to merge with Hennessy Capital Investment Corp. V in a 2021 deal that valued the company at $3.3 billion.

President Trump has been under pressure to respond after China constrained access to rare earths crucial to advanced technologies during a trade spat last year.

Penske Logistics is set to introduce an artificial intelligence platform that will aid key supply chain segments in tracking shipments.

State legislators are assessing new bills requiring English-language proficiency skills for truckers, and setting fines for repeat offenders and companies with convicted drivers.