Mack Begins Serial Anthem Tractor Production
Mack Trucks began serial production of the Anthem regional-haul tractor Jan. 13, the Volvo Group division said. Anthems are built at the Lehigh Valley Operations plant in Macungie, Pa.
US Budget Deficit Shrinks to $1.67 Trillion in 2025
December’s deficit was $145 billion, per Treasury Department data. For the first three months of the 2026 fiscal year beginning Oct. 1, the shortfall came in at $602 billion.
Trump Says USMCA Offers No Advantage to US
USMCA was one of Trump’s signature achievements during his first term, replacing the 1992 North American Free Trade Agreement. The deal is subject to a mandatory review this year.
Class 8 Orders Soar More Than 100% Sequentially in December
Class 8 truck orders soared sequentially in December, a shift that experts attributed more to buyer trepidation over new emissions technologies than enthusiasm with business conditions.
FMCSA Chief Touts Technology’s Role in Improving Road Safety
The Department of Transportation’s research portfolio is helping to guide a wide-ranging safety platform, FMCSA chief Derek Barrs said at TRB’s annual meeting.
TotalEnergies CEO Echoes Exxon’s Caution on Venezuela Oil
TotalEnergies CEO Patrick Pouyanne said it would take years to increase Venezuela’s oil output to above 3 million barrels a day from less than 1 million currently.
Caterpillar Crosses $300 Billion in Market Value on AI Rally
Because of its business selling power-generation equipment, Caterpillar has been a runaway winner in a market where investors are hungry for secondary AI plays.
Detroit Auto Show Opens as Industry Pares Splashy Debuts
While the Detroit Auto Show has scaled back dramatically from its heyday, it still drew 275,000 attendees a year ago. And it is leaning into interactivity.
Trump Pressures Canada to End Boycott of US Liquor
Several Canadian provinces, including Ontario and Quebec, pulled U.S. wine and spirits from stores after President Donald Trump started a trade war last year.
Maersk Makes Another Voyage Through Red Sea in Safety Test
The voyage marks another step toward normalization of global supply lines, after Yemen-based Houthis in 2023 began attacking vessels, forcing shipowners to sail south of Africa.
