General News
OPEC+ to Boost Oil Production by 547,000 Barrels a Day
The move could lower oil and gasoline prices amid low oil inventories, and follows an OPEC+ decision in July to boost production by 548,000 barrels per day in August. .
Hidden Costs of Poor Fleet Maintenance Strategy
For fleet managers and operators, vehicle maintenance is often viewed as a necessary expense - one that can be costly. However, a poor fleet maintenance strategy goes beyond vehicles being out of service. Let’s break down these hidden costs.
Iowa Biodiesel Retailers Get Large Share of $1.12M Grants
Iowa biodiesel retailers were awarded the lion’s share of $1.12 million in state grants to boost their biofuel capacity through new and expanded infrastructure projects.
DHL Delivers Care Kits to Austin Flood Zone
A DHL van arrived in Austin, Texas, bearing 13 care kits — each filled with an interactive plush and other mindfulness tools — ready for distribution to families affected by July’s floods.
Tractor Makers Warn That Tariffs Will Raise Machinery Prices
Farmers will soon start feeling the impact from President Donald Trump’s tariffs in the form of higher prices for the machines used to plant, treat and harvest fields.
Tesla Must Pay $329M in Damages for Fatal Autopilot Crash
Tesla was told by a jury to pay $329 million in damages over a 2019 Autopilot crash in Florida that killed a young woman and seriously injured her boyfriend.
Trucking Reacts to Trump's Sweeping Tariffs
Trucking and logistics companies react to President Donald Trump's sweeping round of tariffs on dozens of trading partners announced Aug. 1.
Greer Says Possible Tariff Court Loss Won’t Impact Plans
A top administration official signaled confidence that President Donald Trump’s trade plans will survive even if the sweeping global tariffs are ultimately deemed illegal.
Hub Group Reports Q2 Revenue Decline Amid Tariff Turmoil
Hub Group experienced a decline in revenue as it worked to navigate tariff-driven effects on its business in the second quarter of 2025, the company reported July 31.
Daimler Truck Profit Falls as North American Demand Craters
Profit at Daimler Truck tumbled in the second quarter of 2025 as North American sales slumped, with little prospect of a near-term improvement if Q2 orders are anything to go by.
Trump Tariff Blitz Unleashes Delayed Shock to Global Economy
At an average of 15%, the world is still facing some of the steepest U.S. tariffs since the 1930s, roughly six times higher than they were a year ago.
Exxon Mobil, Chevron Profits Dip to Lowest Level in 4 Years
Oil prices slumped as OPEC+ ramped up production.
Trump Pushes Tariff Start Date Back 7 Days
When Trump signed the order late July 31 imposing new tariffs, the start date of the punishing import taxes was pushed back seven days so the tariff schedule could be updated.
Labor Market Weakens as Employers Added 73,000 Jobs in July
The Labor Department reported Aug. 1 that revisions shaved a stunning 258,000 jobs off May and June payrolls.
Amazon Projects Profit That Underwhelms on AI Race Expense
Amazon.com projected operating income in the current quarter that fell short of analysts’ estimates, worrying investors that the tech giant is spending too much to keep up in the AI arms race.
CSX Working With Goldman Sachs to Explore Options, Sources Say
CSX is working with Goldman Sachs Group, people familiar with the matter said, as the company explores options to participate in rail consolidation after two major rivals announced a merger.
Trump to Set New Tariffs Before Midnight, White House Says
President Donald Trump will sign an executive order July 31 imposing new tariff rates on trading partners that take effect Aug. 1, the White House said.
What the EPA Ruling on Emissions Means for Automakers
The EPA's plan this week to relax rules aimed at cleaning up auto tailpipe emissions is the latest Trump administration move to undo incentives for automakers to go electric.
Ancora Is a ‘Growing Shareholder’ in CSX Railroad
At a time when the industry is bracing for further consolidation, Ancora believes that CSX under CEO Joseph Hinrichs has been “underperforming.”
Schneider Reports Revenue and Earnings Growth in Q2
Schneider posted higher revenue and earnings in the second quarter of 2025, the company reported July 31.