The gap in goods and services trade grew 4.9% from the prior month to $57.3 billion, Commerce Department data showed April 2.

Oil prices were sharply higher following Trump’s remarks. Benchmark U.S. crude rose $10.11 to $110.24 a barrel. Brent jumped more than 8% to $109.38.

Experts say differences in price aren’t typically decided by any individual gas retailer, and most of them aren't pocketing the extra pennies when prices rise.

The U.S. is not among the countries attending the meeting, which comes after President Trump made clear that he thinks securing the waterway is not America’s job.

The Trump administration is preparing to set a tariff rate of 25% on finished products made with imported steel and aluminum, according to The Wall Street Journal.

Stellantis is discussing options for building electric vehicles in Canada with its Chinese partner, Zhejiang Leapmotor Technology, according to sources.

Soaring fuel prices from the Iran war are forcing oil traders into longer, stranger journeys, sending cargoes on routes that would normally make little sense.

Used Class 8 truck sales for February exceeded seasonal expectations amid strong gains for auction, wholesale and same-dealer sales.

North American Class 8 truck purchases this year and next will rise compared with 2025 but are unlikely to meet the promise of February's orders, VTNA says.

Transportation groups are coalescing around familiar priorities: safety, stable highway funding and efficient integration of emerging technologies.

Port of Los Angeles Executive Director Gene Seroka stressed that while cargo flows remain intact, the broader operating environment has become more unpredictable.

Daimler Truck completed the transfer of its Mitsubishi Fuso Truck and Bus Corp. subsidiary into a newly formed holding company, Archion Corp.

IMC Logistics said March 26 that David Rodrigues has joined the company’s executive leadership team as chief financial officer.

The ISM gauge of prices paid for manufacturing inputs climbed another 7.8 points to 78.3, remaining at the highest since mid-2022.

Until now, Volvo did not have a manufacturing plant in Mexico. VTNA and Mack Trucks’ peers have had plants in Mexico for years.

Retail sales rose a better-than-expected 0.6% in February. There is a concern that Americans squeezed by years of elevated inflation will cut spending further.

Financial markets muddled through the first two months of the year. Then came the war in Iran.

Oil fell briefly below $100 per barrel on April 1 after U.S. stocks soared to their best day in almost a year on renewed hopes that the Iran war could soon end.

A preliminary investigation indicates more than 100 robotaxis came to a halt because of a “system malfunction,” police in the city of Wuhan said in a statement.

With crude oil surpassing $100 a barrel, stopgap measures are helping, but they're not adding up to enough oil to replace what's stranded, experts say.