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ADM Layoffs Upend Trader’s Global Commodity Desk

Archer-Daniels-Midland Co. is cutting jobs at its global commodity desk after a probe into its accounting practices wiped out billions from the agriculture giant’s value, according to sources.

April 29, 2025

Trump Signs Order Providing Relief From Auto Tariffs

President Donald Trump signed an executive order easing the impact of his auto tariffs, yielding to weeks of intense lobbying from automakers, parts suppliers and car dealers.

April 29, 2025

Paccar Q1 Profit Dives on Demand Slump, European Charge

Bellevue, Wash.-based Paccar reported net income of $505.1 million in the first three months of 2025, less than half the $1.195 billion profit posted in the year-ago period.

April 29, 2025

UPS Earnings Rise 3.3% Amid Cost Cuts, Network Revamp

UPS experienced a 3.3% rise in earnings during the first quarter amid ongoing efforts to reduce costs and improve its network, the company reported April 29.

April 29, 2025

Washington State Testing I-5, I-90 Cameras to Deter Speed

Lawmakers are funding the $1 million pilot project led by the state's Department of Transportation in partnership with the State Patrol and Washington Traffic Safety Commission.

April 29, 2025

House Eyes New Vehicle Fees to Boost Highway Trust Fund

“If successful,” Rep. Sam Graves (R-Mo.) explained, “these new user fees would represent the first new funding streams into the Highway Trust Fund in more than 30 years.”

April 29, 2025

Sysco Slashes Outlook as Wary Americans Tighten Budgets

Sysco Corp. lowered its outlook as weakening consumer confidence causes Americans to dine out less.

April 29, 2025

Rumsey: Alternative Fuels Will Advance Despite Uncertainty

The innovation of alternative fuels is poised to move forward, said Cummins CEO Jennifer Rumsey, despite uncertainty around regulations, incentives and trade policies.

April 29, 2025

Hyundai Unwraps Xcient Tractor Overhaul

Hyundai Motor Co. unveiled the latest iteration of its Class 8 Xcient hydrogen fuel cell electric tractor April 28, overhauling the powertrain, safety systems and driver comforts.

April 29, 2025