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During Allentown’s State of the City address, Mack announced the additions to the facility, which also includes areas where customers can inspect their new truck and drive it on a test track. 

The Jan. 27 four-part offering includes notes maturing in three to 10 years, Bloomberg reported. FedEx said in December 2024 it would separate its freight business as part of a broader effort.

President Trump said on social media that import taxes would be raised on autos, lumber and pharmaceutical drugs from South Korea with the rate on other goods going from 15% to 25%.

GM’s new guidance rests on selling more of its largest trucks and SUVs such as its GMC Sierra and Cadillac Escalade — and fewer electric vehicles.

A massive winter storm that swept the U.S. over the weekend crippled oil and gas producers and the industrial plants that refine the raw commodities into everything from gasoline to plastics.

Earnings in the fourth quarter were $2.38 a share, topping the $2.21 average of analyst estimates. Sales of $24.5 billion also beat expectations.

Amerit Fleet Solutions has expanded into London as part of a broader international growth strategy, establishing its first operation outside North America, Amerit announced Jan. 21.

Series production of the fuel cell trucks is still targeted for the early 2030s. Until midway through 2025, Daimler Truck expected to begin serial production toward the end of the 2020s.

For many carriers, the cost to operate now outpaces the revenue coming in. The market isn’t going to hand back the margin it took. We have to build it ourselves, writes PCS Software CEO Mark A. Hill.

Secretary Sean Duffy said that while DOT’s resources are directed to primarily protect motorists, another key priority is enhancing existing infrastructure with emerging safety technologies.