The remarks come as the U.S. and Mexico begin formal talks on potential changes to the continental trade pact known as USMCA.

Dubbed the Ojai, the self-driving vehicle will initially be made available to select riders in San Francisco, Los Angeles and Phoenix. 

Ahrens takes the helm at Kenworth as the truck maker and sister company Peterbilt push to increase their share of the North American heavy-duty truck market.

NHTSA said it received two complaints from Rivian owners describing separation of a suspension rod that connects the wheel hub to the vehicle chassis.

Comparable sales gained 3.5% in the first quarter, topping estimates. That was driven by a 4.5% gain in the average transaction. 

In early May 28 trading, Brent crude oil was up 2% to $96.13 a barrel.

The Conference Board’s Measure of CEO Confidence dropped to 47 from 59 on concerns about supply chains and energy.

Asian buyers of liquefied petroleum gas were forced to scramble for more U.S. supplies after the Iran war led to the near-closure of the Strait of Hormuz.

The PCE jumped to 3.8% in April compared with a year ago, the Commerce Department said May 28, up from 3.5% in March and the highest since May 2023.

Fleet management technology provider Motive continues to extend AI capabilities across its platform to help fleet operators enhance safety and productivity.

“The X10 definitely opens up another market,” Brett Merritt, president of Cummins’ engine business, told analysts and investors during the firm’s investor day.

A House panel is scheduled to consider fiscal 2027 transportation funding legislation on June 3 that includes $200 million for truck parking programs nationwide.

Widespread interference with signals on the industry’s Automatic Identification System continues to cloud the picture, making independent verification of ship traffic difficult.

The report had said maritime traffic through the Strait of Hormuz could return to normal within a month of a peace deal coming into effect.

“NHTSA does not issue traffic tickets and will never text, call or email any member of the public regarding any traffic violation,” the agency said May 19.

Nussbaum Transportation announced what it described as its largest compensation update in recent history, increasing mileage pay and more for OTR van drivers.

The latest USDA food price outlook, published May 22, projected a 3.2% advance in grocery prices this year.

The price for a barrel of Brent crude, the international standard, fell $ 3.7% to $95.88 a barrel.

Manifold said in a statement, “I dispute entirely the characterization of my conduct and I will not allow a false narrative to go unchallenged.”

Federal Reserve Bank of Dallas President Lorie Logan said if the Strait of Hormuz doesn't reopen soon, consumption will need to fall.