General News
Natural gas closes in on oil’s top energy perch
For 75 years, petroleum has been the energy source that has powered the U.S. more than any other. That’s about to change.
ATA backs Sonderling for DOL, urges swift Senate action
ATA has urged the Senate to confirm acting Labor Secretary Keith Sonderling, praising his record on the independent contractor rule and workforce policy.
Oil drops below prewar prices on Saudi supply rebound
A U.S. official estimates that oil supply through the Strait of Hormuz choke point has now reached more than 10 million barrels a day.
CATL says mining is now the battery supply bottleneck
China has a stranglehold on refining battery minerals, but customers such as Ford have warned that processing is a bigger constraint than mining.
Tesla beats forecasts with 480,126 Q2 deliveries
Deliveries rose 25% from a year earlier, when Tesla faced widespread consumer backlash against CEO Elon Musk’s polarizing work for the Trump administration.
China and U.S. seek tariff rollback on farm products
The two have agreed in principle to include agricultural products in a reciprocal tariff reduction framework following talks, China’s Ministry of Commerce said.
Rivian deliveries top estimates as R2 SUV sales start
Rivian said it saw strong quarter-over-quarter growth for its commercial van and R1 electric vehicles as it began sales of the new R2 electric SUV.
U.S. hiring slows sharply in June
Nonfarm payrolls increased 57,000 last month after downward revisions to the prior two months, according to Bureau of Labor Statistics data released July 2.
Ghost carriers expose weak spots in broker vetting systems
Ghost carriers are emerging as a major threat, using acquired motor carrier numbers and digital identities to infiltrate freight transactions.
Kroger plans to buy Giant Eagle in $1.65 billion deal
Kroger said July 1 it plans to buy regional grocer and pharmacy retailer Giant Eagle in a deal valued at $1.65 billion.
Amazon emissions rose 16% in 2025
The cloud computing and e-commerce giant emitted about 81 million metric tons of carbon dioxide equivalent last year, a 16% increase from 2024.
U.S. rejects longer USMCA renewal, opts for annual reviews
Annual reviews instead of a longer-term renewal open the door to years of contentious negotiations over the rules governing continent-wide supply chains.
CMA CGM to buy FedEx Supply Chain for $1.4 billion
The agreement will expand CMA CGM’s presence as a major contract logistics provider in North America, FedEx said in a statement.
Wisconsin native Jim Filter takes the wheel at Schneider
A former Marine Corps helicopter mechanic, Jim Filter started out at Schneider 28 years ago as a maintenance team leader in Green Bay.
U.S. companies add 98,000 jobs in June
The figures support the view that the labor market has strengthened after several months of uneven hiring, as job openings have risen and layoffs remain low.
Air Products scraps Louisiana hydrogen project
Air Products is scrapping plans to develop a multibillion-dollar project in Louisiana that would have produced of hydrogen and captured carbon dioxide.
Amazon to pay more than $2M in FTC identity theft case
Amazon agreed to pay $2.25 million to settle U.S. claims that it routinely failed to provide records to help customers who were victims of identity theft.
U.S. sanctions Mexican fuel firms tied to cartel case
The U.S. Treasury announced sanctions against two Mexican citizens and nine companies in the country that the agency said are linked to a fuel-smuggling scheme.
Rush Truck Centers buys 5 Peterbilt dealerships in South La.
Rush Enterprises acquired certain assets of Peterbilt of Louisiana, adding dealerships, service capacity and parts space across five South Louisiana markets.
Inside a $10.1M cargo theft ring
For years, a cargo theft ring redirected truckloads of freight across the U.S., using fake companies and stolen identities to steal more than $10 million in goods.