General News
Grocer Loblaw revives Canadian product markers in stores
Loblaw Cos., the largest Canadian-owned grocery chain, is bringing back signs that shoppers used in 2025 to avoid U.S. products as they protested tariffs from President Trump.
U.S. diesel stockpile falls to record seasonal low
U.S. diesel supplies have fallen to the lowest seasonal Mark ever, threatening to push prices even higher for the global economy’s workhorse fuel.
Hyundai plans 100 new models, focus on U.S. hybrid push
Hyundai aims to challenge Toyota in the hot U.S. hybrid market and defend against low-cost Chinese rivals in the rest of the world.
Iran, Oman agree to share Strait of Hormuz revenue
Iranian officials have repeatedly warned that a deal with Oman on the strait’s navigation would not equate to an immediate re-opening of the waterway.
U.S., Canada can avoid an all-out trade war
Despite the bravado coming from both sides of the border, analysts suspect the longtime allies will eventually strike a deal to end a conflict neither really wants.
Iran war, trade fights keep key inflation gauge elevated
Prices rose 3.7% in July compared with a year earlier. Inflation has worsened since the Iran war began in late February, when it stood at 2.9%.
Economy expands at sluggish 1.5% pace in Q2
Consumer spending — which accounts for about 70% of U.S. economic activity — increased at a healthy 3.4% annual clip, up from 0.5% in the January-March period.
Oil prices decline on continuing tension with Iran
The oil market is down as tensions have grown after the Trump administration announced new sanctions aimed at inflicting more pain on Iran’s economy. Brent crude dropped 2.4% to $85.17 a barrel.
Trimble introduces AI agent for transportation workflows
Arc Agent connects with its existing transportation management systems as well as third-party applications to extract, validate and process information.
Asian shipper pays record $5.3M for Panama Canal access
Demand to urgently pass through the waterway has soared after the Iran war upended global trade routes, particularly to Asia.
Border crackdown curbs cabotage violations by foreign truckers
Border Patrol agents have blocked hundreds of drivers with cabotage violations from entering the U.S. through Mexico.
Honda considers building new plant in U.S.
Honda earlier this year canceled a trio of battery-electric models earmarked for the U.S. Honda plans to introduce 15 new hybrids by March 2030.
Mobility Global trims 2026, 2027 Class 8 forecasts
Mobility Global cut its calendar-year 2026 forecast for U.S. Class 8 truck and tractor registrations by 1,532 to 217,589 in its Q3 calculations from 219,121 in Q2.
Descartes buys Tai for $100 million in third deal of 2026
Descartes Systems Group will buy Tai — an artificial intelligence-powered transportation management software provider for freight brokers — for $100 million.
U.S. consumer confidence falls, with gas stuck above $4
The Conference Board said Aug. 25 that its consumer confidence index dipped to 89.4 in August from 90.2 in July. That was the lowest level in seven months.
Gatik AI raises $200 million in its largest funding series
For Gatik, the investment is a clear sign that the autonomous trucking industry is moving past the trial-and-error stage and into an era of highway deployment with major shippers in the U.S. and Canada.
Orange EV scales up at East Coast ports
Orange EV is expanding its presence at East Coast ports through a major fleet order in New Jersey and a newly announced deployment in Philadelphia.
Canada to announce retaliatory tariffs on U.S.
Trump threatened new 50% tariffs on Canadian vehicles, auto parts and steel, while Carney said U.S. trade demands showed Washington wanted to “destroy our major industries.”
Oil prices decline as U.S. raises pressure on Iran
Brent crude fell $2.35 to $88.19 per barrel. Elevated oil prices are a major driver of higher costs.
ATRI opens annual survey on trucking’s top industry issues
The American Transportation Research Institute kicked off trucking’s annual effort to identify and rank the challenges viewed by stakeholders as most critical.