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To take full advantage, 3PLs must forge better relationships with less-than-truckload and last-mile carriers among other tweaks to their business activities, CSCMP's report said.

Electric truck maker Bollinger Motors will live on after it emerged from receivership with a new CEO and ownership structure.

Automakers in the U.S. and Europe raised concerns about China’s export controls on rare earth metals, as Beijing’s move threatens to disrupt global car production.

Tariffs introduced by the Trump administration, and the consequent aversion to risk, are a major reason why there is no clear trajectory for recovery, the study’s authors warned.

The financial lender for Daimler Truck North America will establish its headquarters in North Carolina with a $7.8 million investment that will add 276 jobs in Charlotte.

President Donald Trump signed a directive June 3 formally raising steel and aluminum tariffs to 50% from 25% starting June 4.

The Chinese Ministry of Commerce issued a statement June 2 rebuking the U.S. president’s claim that Beijing breached the consensus reached in Geneva in May.

Futures tracking the prices U.S. manufacturers pay for aluminum and steel surged after President Donald Trump said he will double tariffs on the metals this week.

While many of the revisions may seem minor, the agency said that in total, the deregulatory package will rescind, withdraw or amend burdensome regulations that do not enhance safety.

Volkswagen is offering to make large-scale investments in the United States to ward off high tariffs on its imported vehicles, according to chief executive Oliver Blume.