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CEO Elon Musk predicted on his social media service X that Tesla robotaxis could launch in the San Francisco Bay area “probably in a month or two,” pending regulatory approvals.
The Treasury Department recorded $27 billion in customs-duties revenue for June, bringing fiscal year-to-date inflows from levies to $113 billion.
North American Class 8 truck orders remained below the previous year’s results and also lost ground sequentially during June, according to ACT Research.
President Donald Trump said he would not offer any extensions to a new Aug. 1 deadline for nations to begin paying so-called reciprocal tariffs.
Ford is recalling more than 850,000 of its cars because the low-pressure fuel pump inside the vehicles may fail — and potentially cause an engine stall while driving, increasing crash risks.
The trucking industry is wrestling with an unclear market trajectory forged through a combination of chaotic geopolitical negotiations and enduring market weakness.
Performance Food Group has attracted takeover interest from US Foods, a potential deal that would create a food distribution company with combined sales of roughly $100 billion.
“Then he should resign immediately,” Trump said when asked about the allegations that Powell mischaracterized details about renovations at the Fed’s headquarters.
President Donald Trump said the U.S. would begin levying a 50% tariff on copper imports from Aug. 1, confirming a move that will hurt U.S. producers of everything from autos to appliances.
Policymakers in the House of Representatives will prioritize traditional surface transportation projects when they kick off negotiations on a multiyear highway policy bill.
Unilever sold its Venezuelan ice cream business to truck dealer Mack de Venezuela, as a renewed bout of high inflation and political uncertainty hits the Andean nation’s private sector.
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