Honda Motor Co. and Nissan Motor Co. are exploring a potential merger, according to people familiar with the matter, which would create a singular rival to Toyota Motor Corp.
Category: News
Lawmakers Agree to More Than $100 Billion in Disaster Relief
Congress reached agreement on more than $100 billion in emergency relief funding for victims of a series of disasters, including hurricanes Helene and Milton and the Baltimore bridge collapse.
Energy Chief Granholm Warns Against ‘Unfettered’ LNG Exports
WASHINGTON — The United States should proceed cautiously as officials consider new natural gas export terminals, Energy Secretary Jennifer Granholm said Dec. 17.
Biden to Announce Chinese Semiconductor Probe in Coming Days
President Joe Biden’s administration is set to initiate a trade investigation into Chinese semiconductors in the coming days, as part of a push to reduce reliance on a technology that U.S. officials believe pose national security risks.
November Medium-Duty Sales Slip 2.3% From 2023
U.S. retail sales of medium-duty trucks declined sequentially and on a year-over-year basis in November, according to data from Wards Intelligence.
Natso CEO Lisa Mullings to Step Down After 20 Years
Mullings, who has been at the helm of the truck stop and travel center trade group since 2004, described the decision as difficult but said she is confident in Natso’s future.
Trump to Take Reins as Biden Implements Infrastructure Bill
WASHINGTON — While Republicans capped 2024 with a presidential victory, the Biden administration has been rushing to advance as many infrastructure and microchip projects as it can.
DAT Buys Trucker Tools to Boost Digital Freight Tools
The deal, which closed Dec. 17, brings Trucker Tools’ platform suite for freight visibility, digital load booking and carrier engagement under the umbrella of DAT’s operations.
Trump Plans Immediate Energy Push After Inauguration
U.S. President-elect Donald Trump is poised to order changes meant to encourage domestic oil and gas development immediately after his Jan. 20 inauguration.
Economists Raise 2025 Inflation Forecasts on Tariff Worries
While economists expect the Fed to lower rates on Dec. 18 for a third straight meeting, they are now penciling in just three more quarter-point cuts in 2025.