General News
Trump orders 50% tariffs on some Canadian goods
The new tariffs will take effect in 30 days, according to a senior administration official who briefed reporters July 20 on the decision.
California DMV orders 11,000 drivers to retake tests
The state “identified irregularities in certain driver knowledge test results that may indicate instances of cheating," a spokesperson told Transport Topics.
ADM names Syngenta head Jeff Rowe as COO
ADM is beefing up its management as it expects clearer U.S. biofuels policy and renewed soybean trade with China to improve the farm economy.
Thousands of trucks haul Iraq’s oil through Syria
In just months, Syria has gone from shipping none of the fuel to making up more than a quarter of Middle Eastern volumes.
Trailer orders slowly catch up to seasonality in June
ACT Research reported preliminary net data showed orders decreased 9% to 13,500 units. They were also 35% below what was reported for May.
Shipowners offer huge bonuses to get crews to sail Hormuz
The offer highlights mounting risks in the Strait of Hormuz after 59 commercial ships were attacked and 17 seafarers died.
Fuel Costs Are Squeezing Fleets
Diesel is having its worst year in a decade. Early 2026 brought a supply shock tied to conflict in the Middle East, and prices jumped more than 40% in under two months. By spring, national averages were running $3.78 to $3.81 a gallon...
Hankook Tire Manufacturing in Tennessee
The U.S. commercial tire market requires more than product availability; it demands reliable supply, strong value, and tires engineered for the conditions fleets face every day.
Stellantis names Jeep, Ram chiefs to bolster U.S. sales
Branden Coté, a former executive at AutoNation, will take over the marquee Jeep division Aug. 3. Matt VanDyke, a former Ford, will lead the Ram truck brand.
Ford commits $499M to Canada engine plant, defends trade deal
Ford said the new money for the Essex plant will support the manufacturing of even larger engines. Many of those parts are shipped to Ford’s U.S. assembly plants.
Magnolia Oil agrees to buy WildFire Energy in $4.1B deal
The deal, expected to close in the late third quarter, expands Magnolia's presence in the Eagle Ford Shale basin of south Texas.
Mexico embraces Chinese trucks, clouding U.S. tariff relief
The number of Chinese truck companies operating in Mexico has surged, creating fresh tension as Mexican negotiators seek relief from U.S. tariffs.
Hormuz traffic near standstill as Dynacom ships targeted
The attacks on vessels controlled by Dynacom will unnerve the industry and underlines just how perilous the crossing has become since the recent escalation of violence on both sides.
Oil prices steady as U.S.-Iran conflict escalates
Brent crude, the international standard, fell 0.4% to $87.77 per barrel but still remained much higher than prewar levels.
U.S. gasoline tops $4 a gallon again as Iran war escalates
Fuels have spiked faster than crude since the U.S.-Iran war caused the oil market’s biggest supply disruption. The “real bottleneck” is in refining, Morgan Stanley said in a note.
Lucid stock caps big week despite bankruptcy report
Lucid Group Inc., the electric vehicle maker, said it isn’t considering a bankruptcy, and so far, the market believes it.
ArcBest to close 10 ABF Freight sites, cut 2% of workforce
The service centers are in smaller markets, and ArcBest plans to consolidate their operations into other facilities within the affected regions.
Cabotage enforcement cuts Mexican carriers in border zones
Mexican drivers and trucking operators have come under pressure from the Trump administration as federal agencies take a harsher stance on illegal activities.
Canadian oil refinery shutdown could crimp U.S. supply
The maintenance shutdown could potentially exacerbate fuel market tightness in northeastern U.S. states that rely on the plant for gasoline and diesel imports.
Volvo says EPA NOx proposal clouds truck sales outlook
“Let’s see exactly how it will play out now, because it has been a very recent development,” Volvo Group CEO Martin Lundstedt said during the Q2 earnings call.