Switzerland Sees “Good Chance” for 15% Tariff Deal with U.S.
According to Helene Budliger Artieda, Switzerland’s top trade diplomat, there is a “good chance” the country will secure a lasting trade deal…
Commercial Vehicles
Shipowners weigh Hormuz risks as U.S.-Iran deal collapses
Global oil shipping faces fresh turmoil after President Donald Trump declared the U.S. ceasefire with Iran “over” on July 8, 2026, prompting…
China snaps up biggest U.S. soybean cargo since 2023 in trade rebound
China executed its largest single-day purchase of U.S. soybeans since November 2023, with the U.S. Department of Agriculture confirming sales of 472,000…
Used Class 8 truck sales slip in May despite year-over-year gain
Used Class 8 truck sales in May rose 5.3% year-over-year to 23,800 units but fell 4.4% from April’s 24,900 units, according to…
IMF slashes global growth forecast to 3% for 2026 amid energy crisis and inflation surge
The International Monetary Fund (IMF) has downgraded its 2026 global economic growth forecast to 3%, down from 3.1% projected in April, citing…
ATA expects EPA to unveil NOx emissions proposal draft this week
The American Trucking Associations (ATA) says the Environmental Protection Agency (EPA) is poised to publish a draft notice of proposed rulemaking (NPRM)…
Trump Renews Call to End Trade with ‘Terrible Partner’ Spain
President Donald Trump has renewed his call to end trade with Spain, citing the country’s lack of support for the war in…
U.S. airlines’ monthly fuel spending surges 84% in May
U.S. airlines burned through $6.66 billion on jet fuel in May, marking the second consecutive month fuel costs topped $6 billion, the…
Oil Prices Jump After Trump Says Iran Ceasefire is ‘Over’
Oil prices have surged more than 6% after US President Donald Trump stated that the interim agreement with Iran is ‘over’, despite…
What Is Torque Converter Shudder And How To Fix It
Torque converter shudder is a vibration or jerking sensation that stems from the torque converter—the hydraulic coupling between the engine and transmission—failing…