General News
Amazon Prime Day Deal Hunters Watch Prices Closely
Consumers will spend $26.3 billion online with Amazon and other retailers during this year's Prime Day, according to Adobe estimates.
U.S. Trailer Orders Surge 237% Despite Seasonal Slowness
The ACT Research report expected a sequential drop in net orders, with May traditionally marking the second-weakest order month of the annual cycle.
Lawsuit Says Gas Stations Used AI to Set California Prices
A group of California consumers claimed in a lawsuit that gas station owners including Walmart and BP are using AI to illegally manipulate pump prices in the state.
DTNA Rolls Out DEF Derates Software Update
DTNA is rolling out a software update that incorporates revised diesel exhaust fluid inducement parameters, lifting the minimum speed before work must be performed.
Smoke From L.A. Warehouse Fire Chokes Area for Days
The stubborn blaze at a Lineage Logistics facility in the Boyle Heights neighborhood has become one of the area’s most disruptive industrial fires in recent years.
U.S. Business Activity Expands on Manufacturing Strength
The S&P Global flash composite purchasing managers index rose to 52.2 in June. The group’s manufacturing gauge rose to 55.7, the highest since May 2022.
Walmart to Buy Vibe in Effort to Fuel TV Ad Business
The company’s last major deal was the acquisition of smart TV-maker Vizio, which Walmart paid $2.3 billion for in 2024 to boost its advertising business.
Iran, Oman Say They’ll Work on Pact for Hormuz Transit Costs
Iran has been seeking to assert control over Hormuz since it reached an interim peace deal with the U.S. earlier this month.
Orange EV Sends 2,000th Electric Yard Truck to Coke Canada
Orange EV marked delivery of its 2,000th electric terminal truck with a deployment to Coca-Cola Canada Bottling, the company announced June 23.
CATL, Octopus Announce Battery-Swapping Hubs for Trucks
The network will launch in the U.K. next year and is expected to have more than 30 locations across Europe by 2035, each of which will be capable of serving thousands of vehicles a day.
Who Will Control the Strait of Hormuz?
Questions surrounding control of the vital Strait of Hormuz and whether vessels will be charged tolls to cross it could interfere with negotiations to forge a lasting peace.
Oil Prices Continue to Fall on Hopes for Iran Deal
Brent crude, the international standard, lost 43 cents to $77.47 a barrel, closer to its roughly $70 price from before the war.
Top Brokers Envision Safer Industry After Montgomery Ruling
Several prominent freight brokerages have said the decision, while increasing legal exposure, will also reinforce industry safety practices.
Tesla Model 3 Hits Texas Home, Killing Woman
A fatal collision involving a Tesla sedan is under federal investigation after an electric vehicle slammed into a home in Texas, killing a woman inside.
Canadian Union Presses Ford for Higher Pay, Job Security
Canadian union Unifor is seeking higher pay and retirement benefits as well as better job security from Ford in contract negotiations.
Freight Brokers Urged to Strengthen Vetting Practices
Legal experts are urging the freight brokerage industry to bolster its carrier-vetting practices in the wake of Montgomery v. Caribe Transport II.
U.S. Authorizes Sale of Iranian Oil as Part of Peace Deal
The U.S. Treasury Department issued a license allowing Iran to sell some of its energy exports through Aug. 21. It opens the door for eventually ending many sanctions programs.
CRH to Buy Arcosa in Building Materials Firm’s Biggest Deal
CRH will pay $150 a share for Arcosa in the all-cash deal, the company said in a statement June 22.
Inside Mack Trucks’ Museum, Archives Drive History
“Everything we do here is by donation,” museum curator Doug Maney said. “It’s more than just Mack history. It’s American history.”
Qatar Gas Terminal Explosion Could Further Shake Markets
The scale of the damage remains unknown after the blast. Qatar's Interior Ministry said 13 people were killed.