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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.

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.

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.

Ford is considering scrapping the electric version of its F-150 pickup truck, known as the F-150 Lightning, the Wall Street Journal reported, citing people familiar with the matter. 

Rep. Sam Graves said he intends to advance a surface transportation measure that recognizes emerging technologies while prioritizing long-standing infrastructure networks.

Data provided to Transport Topics shows an acceleration in carrier capacity exits, and observers see a number of macroeconomic dominoes starting to fall into place.

“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.

DTNA unit Detroit has introduced the DT12-VL, an automated manual transmission designed to boost payload capacity and off-road performance for heavy-duty vocational trucks.

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.

First responders were searching for more victims Nov. 5 after a UPS cargo plane crashed and exploded in a fireball at the company’s global aviation hub in Kentucky, killing at least 12 people.