The Trump administration is preparing to slap new tariffs on imports from up to 60 economies by July 24, 2026, to prevent a gap after temporary 10% global duties lapse. The proposed Section 301 duties range from 10% to 12.5%…
The American Trucking Associations’ For-Hire Truck Tonnage Index rose 0.1% in June to 113.1, regaining some ground after freight volumes contracted 4.1% across April and May. The index fell 0.1% year-over-year in June but remains 1.4% higher for the first…
Canada has canceled a planned joint ribbon-cutting ceremony with the U.S. for the Gordie Howe International Bridge, originally set for July 24, 2026, after President Donald Trump announced a 50% tariff on most Canadian goods. The decision follows escalating trade…
Canadian Prime Minister Mark Carney announced on July 21, 2026, that he and U.S. President Donald Trump had agreed to accelerate trade negotiations following the U.S. decision to impose 50% tariffs on most Canadian goods. The tariffs, set to take…
Global oil markets are now grappling with a dual supply-risk crisis as Houthi threats against Saudi-linked shipping at the Bab el-Mandeb Strait force tankers and vessels to reroute or pause transits, compounding existing strains from U.S.-Iran hostilities. Brent crude futures…
Tesla’s angular Cybertruck is drawing comparisons to Ford’s Edsel after failing to meet lofty sales expectations since deliveries began in 2023. U.S. registrations for the Cybertruck totaled 7,133 through May 2026, according to S&P Global Mobility data provided to Bloomberg…
ITE Management has acquired North American Chassis Pool Cooperative (NACPC) in a deal announced on July 21, 2026, expanding its intermodal chassis portfolio. The financial terms of the acquisition were not disclosed. NACPC operates a regional pool of approximately 20,000…
Forward Air has struck a nonbinding memorandum of understanding (MOU) to retain at least 50% of a 20-year customer’s business, potentially up to 75%, following the customer’s decision to diversify its supplier base. The move comes after Forward Air disclosed…
DP World has secured a preliminary 50-year concession to build two deepwater container terminals in Fujairah, United Arab Emirates, on the Gulf of Oman, effectively bypassing the Strait of Hormuz. The project, announced on July 22, 2026, includes the Al…
President Donald Trump announced a plan to grant automatic commercial driver’s license (CDL) eligibility to U.S. military veterans who operated heavy trucks during their service. Speaking at the U.S. Army War College in Carlisle, Pennsylvania, on July 15, 2026, during…