Manufacturers News Updates

Daimler Truck does not expect to shutter any additional North American manufacturing plants as a consequence of plans to build its largest U.S. assembly facility.

CEO John O’Leary told reporters the plant would be the company’s largest truck manufacturing facility in the United States when up and running.

The upswing in demand was evident in XPO’s shipments and weight per shipment in the second quarter of 2026, boosting the company’s profit and revenue.

The sale came about because General Motors is axing its Chevrolet Silverado medium-duty line, which is assembled at the Springfield, Ohio, facility.

Construction of the South Korean company’s expansion of the Clarksville, Tenn., plant, which began in December 2023, is scheduled to be completed in June.

Trailer axle, suspension and subframe manufacturer AXN Automotive Systems opened an expansion of its Louisville, Ky., facility March 26.

Jeff Bezos in recent months has met with large asset managers to raise money for the project, including during trips to the Middle East and Singapore.

The Institute for Supply Management’s gauge of prices paid for manufacturing inputs jumped 11.5 points to 70.5, the highest level since overall inflation peaked nearly four years ago.

ACT Research preliminary data showed orders increased 20% year over year to 30,800 units. But the data also showed orders fell 27.8% sequentially from 42,684 units.

Demand for trucks did not improve as 2025 progressed and what carrier executives have characterized as the longest North American freight market downturn in a half-century continued.