Business

U.S. shoppers spent $14.2 billion online during Amazon.com Inc.’s 48-hour Prime Day sale, up 11% from a year ago and in line with estimates, according to Adobe Inc.

Ford will invest $3 billion to build its profitable Super Duty F-Series pickup truck at a plant in Ontario, shifting focus at the site after previously delaying plans for an electric SUV.

Jeff Loftus, chief of the advanced technology division at FMCSA’s office of research and registration, joins TT’s Seth Clevenger to discuss the current outlook on ADAS technology and how it will affect the industry at large. 

West Coast ports are closing out the first half of 2024 with strong trade volumes, boosted by an early peak season, solid consumer spending and threats of strikes at East and Gulf Coast ports.

Daimler Truck will take a writedown on the value of its Chinese joint venture due to a persistently weak market in Asia’s largest economy, the German truck manufacturer said July 16.

U.S. retail sales for medium-duty trucks declined year-over-year in June, according to data from Wards Intelligence.

An alternative vehicle powertrain called an EREV that’s booming in China might hold the answer to encouraging Americans to adopt electric cars and trucks.

The planned Sparrows Point terminal is expected to transform Maryland’s economy over a decade, generating more than 8,000  jobs and adding $1.54 billion a year in economic impact.

NHTSA has denied a petition from four individuals asking it to further toughen existing U.S. rear underride guard requirements to a level beyond the strict levels in place in Canada.

Startup Peak Energy received $55 million in funding to scale up production of sodium-ion batteries that the company is positioning as an alternative to lithium-ion technology.