General News
EU Plans Boeing Tariffs in Response to US Trade Moves
The European Union plans to impose retaliatory tariffs on U.S. imports, including on Boeing Co. aircraft, if President Donald Trump puts a baseline levy on the bloc’s goods as many expect.
NYC Expands Crackdown on BQE Overweight Trucks
New York City has started ticketing overweight trucks headed toward Staten Island on the Brooklyn-Queens Expressway, expanding its automated enforcement program.
Truck Manufacturer CSTH Invests $7.5M for Kentucky Expansion
The added capacity builds on an earlier project launched in September 2024, when CSTH broke ground on a separate $28 million, 250,000-square-foot facility in Cynthiana, Ky.
Target Eyes Shein, Temu Model With Factory-Direct Shipping
The company is seeking to broaden its range of low-cost offerings through the program, said people familiar with the matter, who asked not to be named because the test hasn’t been announced.
Jaxport Adds Two New Cranes to Boost Cargo Capacity
Two new ship-to-shore container cranes have arrived at Jaxport’s Blount Island terminal, expanding the port’s capacity to handle larger vessels as part of a state-backed modernization push.
Alabama’s Port Birmingham Adds 25,000-Square-Foot Warehouse
The new facility is designed specifically to handle cold-rolled steel coils. It marks the first phase in a plan to upgrade the site into a high-performing logistics hub for central Alabama.
Torc Invests $5.6M to Create Engineering Hub in Michigan
Torc Robotics plans to invest nearly $5.6 million to create an engineering hub in Michigan.
English Proficiency Directive Still Open to Subjectivity
The trucking industry voices its support for the directive to place drivers out of service if they fail to demonstrate proficiency of the English language during roadside inspections.
Continental Cuts Margin Target Over Tariffs Ahead of Breakup
Continental lowered a profitability target for the year due to rising costs from U.S. tariffs as the German automotive supplier forges ahead with a plan to dismantle itself.
Senators Avoid EV, Hybrid Fees in Their Version of Budget Bill
The U.S. Senate’s tax-writing panel in June put its official stamp on the chamber’s upcoming budget bill, which will notably not include a fee on electric and hybrid vehicles.
Fed to Wait to Reduce Interest Rates as Trump Demands Cuts
The Federal Reserve will continue to wait and see how the economy evolves before deciding whether to reduce its key interest rate, Chair Jerome Powell said June 24.
Diesel Price Shoots Up 20.4¢ to $3.775 a Gallon
Against the backdrop of rising tensions in the Middle East, the national average price of a gallon of diesel increased for the third consecutive week, spiking 20.4 cents to $3.775 a gallon.
Auto Industry Pushes Back on Trump’s Chip Tariff Threat
Blowback to President Donald Trump’s idea of tariffs on imported semiconductors is proving to be broad and deep, and includes Tesla, Ford and GM.
Pressure to Seal Trump Trade Deals by July 9 Ramps Up
Two weeks from President Donald Trump’s deadline to reach trade deals, some of the talks aimed at clinching agreements to avoid higher tariffs are struggling to get over the finish line.
EV-Carrying Ship Sinks in Pacific Ocean After Catching Fire
A ship that caught fire in the Pacific Ocean earlier this month has sunk. The vessel was carrying about 3,000 vehicles, of which about 800 were EVs.
Waymo Robotaxis Hit Streets in Atlanta Today
Waymo’s robotaxis will begin carrying passengers through parts of Atlanta on June 24 in an expansion of a partnership with Uber that began earlier this year in Austin.
Isaac Gains DOD Approval for Military Shipment Tracking
Isaac Instruments has announced its platform with satellite communication has been approved by the U.S. Department of Defense for motor carriers hauling sensitive military shipments.
Ford Again Urges Congress to Preserve EV Battery Tax Credits
“It would be a shame to build these facilities and then all of a sudden you have to scale back on the most important part of it, which is people,” a Ford vice president told reporters.
Canada and EU Sign Security Pact as Carney Shifts From US
Canadian Prime Minister Mark Carney is advancing his pledge to pivot Canada away from its security reliance on the U.S., where it currently spends the vast majority of its defense dollars.
JBS Launches Record $3.5 Billion Bond Sale
The Brazilian company is expected to price a three-part offering of debt due in 10, 30 and 40 years on June 23, according to a person with direct knowledge of the matter.