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Daimler Truck North America will lay off around 2,000 employees at five sites as the weak and uncertain freight market continues to take a toll on truck manufacturers.

Tesla will stand trial over claims that the company is partly to blame for a fatal 2019 crash in Florida that occurred when the Autopilot system in a Model S allegedly failed to detect a parked SUV.

ArcBest offered the latest window into what to expect from the long-awaited Tesla Semi battery-electric tractor, including energy consumption ratings matching its diesel peers.

Daimler Truck executives signaled a renewed focus on diesel powertrains at the company’s Capital Market Day 2025.

Economists have long been warning of a tariff-driven boost to U.S. inflation. The next report on consumer prices will put their conviction to the test.

EU trade ministers agreed July 14 that U.S. President Donald Trump's announcement of 30% tariffs on the European Union was “absolutely unacceptable," and they are studying a new set of countermeasures to respond to the move.

The European Union will suspend retaliatory tariffs on U.S. goods scheduled to take effect July 14 in hopes of reaching a trade deal with the Trump administration by the end of the month.

President Donald Trump said he’s levying tariffs of 30% against the EU and Mexico starting Aug. 1, a move that could cause massive upheaval between the U.S. and two of its biggest trade partners.

Some manufacturers are introducing forms of hybridization geared specifically toward freight transportation.