February Net Trailer Orders Down 43% As Bookings Fall 26%

The cost of the US war with Iran was not included in President Trump’s request for a massive $1.5 trillion military budget for 2027, according to a Pentagon budget official. “This budget was formulated, honestly, before we went into conflict with Iran,” Jules Hurst III, the Pentagon’s acting chief financial officer, told reporters on April […]

Jet Fuel Prices Soar As War In Iran Ripples Through Global Aviation Authored by Felicity Bradstock via OilPrice.com, Airlines, including Qantas, SAS, and Air New Zealand, have already announced airfare increases. Surging jet fuel prices and disruptions in the Strait of Hormuz are squeezing airline operations. Prolonged conflict could weaken travel demand and deepen pressure on global airline stocks. As the war in Iran spills over into other parts of the Middle East, energy experts expect the price of several oil and gas products to soar over the coming months, driven by shortages. This...

Ferrari Vs Tesla: $640K Luce EV Loses Key Speed And Range Battles To Model S Plaid Authored by Aamir Khollam via Interesting Engineering, Ferrari's upcoming electric grand tourer, the Luce, has already sparked intense debate online. Much of that attention centers on its unconventional styling. Yet beyond the design discussion, the numbers reveal an interesting comparison against one of the EV market's most established performance sedans: the Tesla Model S Plaid. The matchup is far from equal in price or positioning. Ferrari plans to launch the Luce at roughly $640,000, while Tesla's...