Caterpillar falls as shrinking backlog stokes demand worry
Caterpillar Inc.’s stock tumbled to the lowest price since early June after the company said its order backlog shrank in...
California has an electric big rig mandate, manufacturers will struggle to meet it
California became the first state in the US to set emissions standards for trucks earlier this year. The rules are...
Ford’s lucrative pickup plant hit by major strike escalation
Ford Motor Co. became the latest strike target for the United Auto Workers after members walked out of its largest...
UAW says 4,000 union workers at Mack Trucks will strike Monday
Around 4,000 United Auto Workers members at Mack Trucks will strike Monday after rejecting a tentative agreement in the latest...
AGCO to buy Trimble assets for $2 billion to boost farm tech
AGCO Corp., one of the world’s largest tractor makers, will acquire technology assets from Trimble Inc. for $2 billion to...
US business equipment orders rebound after downward revision
Orders placed with US factories for business equipment rebounded in August, suggesting resilient investment despite elevated borrowing costs. The value...
Truckmaker Volvo picks new chairman amid spin-off talk
Volvo Group, one of the world’s largest truckmakers, has proposed that Par Boman be appointed its new chairman at the...
United Auto Workers call unprecedented strike at all three Detroit automakers
The United Auto Workers began a strike Friday against all three of the legacy Detroit carmakers, an unprecedented move that...
