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Ford Motor Co. will take $19.5 billion in charges tied to a sweeping overhaul of its electric vehicle business after struggling for years to make it profitable.

President Trump's aggressive approach to trade policy, alongside other market disruptions, left trucking looking for clarity on a market recovery, investments and equipment.

2025 was marked by a sharpened focus on highway safety as well as potential challenges for the freight industry associated with tariffs and the economy.

Before filing for bankruptcy, Luminar struck an agreement with Quantum Computing to sell it the equity of its subsidiary, Luminar Semiconductor, for $110 million in cash.

“Fifty-three percent of New York’s non-domiciled [commercial driver licenses] were issued unlawfully or illegally," Transportation Secretary Sean Duffy says.

It’s been a rocky comeback for Tesla, whose share price has more than doubled since it hit a low in early April amid a wider market meltdown sparked by President Trump’s tariff offensive.

Chinese leader Xi Jinping said officials should not only be assessed by the economic growth rate, but also their achievements in ensuring people’s well-being and maintaining stability.

“Apparently [China doesn't] want them, and I think the reason for that is they want semiconductor independence,” White House AI czar David Sacks said in an interview on Bloomberg Tech.

“I’ve had the privilege of working alongside the most talented and dedicated professionals in our industry to deliver for our employees, customers and shareholders,” CEO Robert Sanchez said.

A shortage of oil tankers is becoming so acute that newly built vessels, which usually carry refined fuels on their maiden voyages, are instead racing empty to pick up crude as soon as possible.