General News
Battery Startup Lyten Raises $200M to Fund Northvolt Deal
The funding lets Lyten acquire intellectual property related to energy storage systems, in addition to its previously announced deal on Northvolt’s Polish assembly plant.
US, China Start Talks in Sweden on Trade Truce Extension
Chinese Vice Premier He Lifeng and U.S. Treasury Secretary Scott Bessent are leading the delegations through July 29 in Stockholm — their third meeting in less than three months
CK Hutchison Seeks Chinese Investor on Panama Ports Deal
A Hong Kong conglomerate that had agreed to sell its two ports at the Panama Canal said it may seek a Chinese investor to join a consortium of buyers, which could bring more U.S. scrutiny to the deal.
US-EU Deal Sets 15% Tariff on Most Goods, Including Autos
The U.S. and the EU agreed to a trade framework setting a 15% tariff on most goods, staving off — at least for now — far higher import duties that might have sent shock waves around the globe.
Autel CV Diagnostics: The Solutions You Need
Service and repair of commercial vehicles, from light- to heavy-duty vehicles, presents challenges and complexities that passenger vehicle technicians never have to contend with, including the made-to-spec nature of heavy-duty vehicles.
How Shippers and Warehouse Operators Manage Turbulence
Amid shifting trade patterns and unsettled tariffs, shippers are examining their networks and contemplating how and where they source core products.
How Shippers and Warehouse Operators Manage Turbulence
Amid shifting trade patterns and unsettled tariffs, shippers are examining their networks and contemplating how and where they source core products.
Trump Seeks New Legal Grounds for Brazil 50% Tariff Threat
President Donald Trump’s administration is preparing a new emergency declaration as a basis for tariffs on Brazil, people familiar with the matter say.
Buffett's Pilot Explores Sale of Water Management Unit
Berkshire Hathaway’s Pilot Travel Centers is considering the sale of its water-management services unit, as the truck-stop chain focuses on its primary businesses, according to sources.
International Q2 Truck Sales, Profit Rise Amid Dim Outlook
International sold 14,628 trucks in the most recent quarter, compared with 13,143 trucks a year earlier.
Trump: Not Focused on Talks With Canada; Tariffs Might Stay
President Donald Trump said trade talks with Canada are not a focus for his administration right now, and instead of negotiating a deal, he may decide to just leave import taxes in place.
Door Maker Begins Pilot With Bot Auto’s Autonomous Semis
Steves & Sons began pilot program testing Bot Auto’s retrofitted Freightliner tractors alongside its managed logistics provider, J.B. Hunt Transport Services, in June.
Phillips 66 Weighs Projects to Profit From Tight Diesel Market
Phillips 66 is maximizing diesel production to take advantage of strong demand and would consider investing in projects that give its refineries the flexibility to make more of the fuel.
Universal Logistics Reports Muted But Expected Q2
The Warren, Mich.-based asset-light transportation and logistics company posted net income of $8.32 million, or 32 cents per diluted share, for the three months ending June 30.
Saia Posts Profit, Revenue Dip Due to Depressed Freight Volume
A muted environment for freight volume contributed to a decline in revenue and profit for Saia during the second quarter of 2025, the company reported July 25.
EU’s Von der Leyen to Meet Trump in Bid to Clinch Trade Deal
The two sides have been zeroing in on an agreement that would see the EU face 15% tariffs on most of its trade.
Trump Weighs Odds of Trade Deal With European Union
President Donald Trump put the odds of striking a trade deal with Europe to reduce the tariff rate on their imports at 50-50, even as diplomats from the trading bloc have expressed optimism.
Lyft Plans to Launch Benteler Autonomous Shuttles in US
The driverless shuttles will initially be deployed in partnership with airports and cities, dovetailing with the company’s recent revival of pooled rides at U.S. airports.
Union Pacific-Norfolk Southern Merger Could Start Rail Trend
Analysts have speculated that a Union Pacific-Norfolk Southern tie-up could leave the next-biggest companies in the industry — BNSF and CSX — to at least consider their own combinations.
The Freight Broker of the Future
Automation, artificial intelligence and data science are transforming freight brokerage operations, increasing productivity and altering how brokers price freight and make decisions.