Category: News

While China announced it has halted imports of American soybeans, a mysterious buyer has stepped up. The U.S. Department of Agriculture announced Aug. 7 a sale of 165,000 metric tons of the oilseed to “unknown destinations.”

The escalating trade war between the U.S. and China is nudging the world economy toward its first recession in a decade with investors demanding politicians and central bankers act fast to change course.

The escalating trade war between the U.S. and China is nudging the world economy toward its first recession in a decade with investors demanding politicians and central bankers act fast to change course.

The U.S. National Highway Traffic Safety Administration sent Tesla Inc.’s Elon Musk a cease-and-desist letter last year regarding Model 3 safety claims and has subpoenaed the carmaker for information on several crashes, according to documents posted by a nonprofit advocacy group.

The Sears store culling isn’t over. The struggling retailer will shutter 26 more of its large-format Sears and Kmart stores in late October, it announced on its website. Any of the locations with auto centers will close those divisions in late August, it said.

President Donald Trump’s plan to freeze U.S. vehicle efficiency standards would hike costs for motorists without doing anything to boost highway safety, according to an analysis by Consumer Reports that undermines the administration’s chief talking points in favor of the move.

Lauren Schapker recently was tapped to play a key role in the American Road and Transportation Builders Association’s efforts to advance its national agenda.

FedEx Corp. is snipping another tie with Amazon.com as the e-commerce giant emerges as a competitor by building its own shipping network.

Decision quickens company’s retreat from the largest online retailer two months after FedEx said its Express unit would no longer fly Amazon’s packages in the U.S.

Across the commercial vehicle market, there are all sorts of people working on some pretty amazing projects that will ultimately make the trucking industry even more efficient than it already is.