Transport M&A gains steam as freight market rebounds
Mergers and acquisitions in the transport sector are accelerating in the first half of 2026, fueled by a freight market rebound and sellers who had delayed exits finally returning to the market. Capacity cuts, rising freight rates and stronger investor…
Subprime auto dealer America’s Car-Mart teeters on the edge of collapse
America’s Car-Mart, a long-standing subprime auto lender and used-car dealer specializing in older, high-mileage vehicles for cash-strapped buyers, is facing a severe liquidity crisis. The company, which has operated for 45 years and pioneered the Buy Here, Pay Here model,…
Canadian provinces refuse to lift U.S. alcohol bans despite tariff threats
Canadian provinces are standing firm against U.S. pressure to end alcohol boycotts, despite fresh tariff threats from the Trump administration. Ontario and British Columbia have refused to lift their bans on American wine and spirits sold in government-run stores, while…
U.S. set to impose fresh tariffs before temporary global duties expire
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%…
U.S. truck tonnage index inches up in June after April-May slump
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 scraps joint U.S. bridge-opening event amid Trump’s 50% tariffs on Canadian goods
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…
Carney and Trump agree to speed up trade talks amid U.S. tariffs on Canadian goods
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…
Houthi threats create a ‘two-chokepoint problem’ for oil markets as Red Sea and Strait of Hormuz face disruptions
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 Cybertruck risks repeating Ford’s Edsel flop as sales miss the mark
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 expands intermodal chassis unit with acquisition of NACPC
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…