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Updated: 37 min 35 sec ago

Grocer C&S Kicks Off $400M Loan Sale to Acquire SpartanNash

Wed, 07/23/2025 - 11:37
C&S Wholesale Grocers is looking to raise $400 million from a leveraged loan sale to help finance its $1.77 billion acquisition of food distributor SpartanNash.

June Trailers Orders Increase 144% From Last Year

Wed, 07/23/2025 - 11:24
U.S. trailer orders experienced a surprising surge in June, soaring on an annual and sequential basis as buyers took action after months of sitting on the sidelines, ACT Research reported.

Trump Floats China Trip as Trade Tensions Ease

Wed, 07/23/2025 - 10:53
President Donald Trump said a trip to China might be “not too distant,” raising prospects that the leaders of the world’s two largest economies may meet soon to help reset relations.

PennDOT Launches Campaign to Prevent Bridge Hits

Wed, 07/23/2025 - 10:01
The “Check Your Height, Know It’s Right” campaign encourages motorists to know their vehicle height and check that the vehicle will safely fit under bridges on their route.

ATA’s Spear Urges Senate to Fund Truck Parking, Freight Tech

Wed, 07/23/2025 - 09:48
At a Senate Commerce subcommittee hearing, ATA President Chris Spear emphasized the significance of adopting technologies and applications designed to facilitate the flow of freight.

EU Readies $117 Billion Plan to Match US 30% Tariff

Wed, 07/23/2025 - 09:21
The 30% tariffs will be imposed in the event of no deal and if President Donald Trump carries through with his threat to impose that rate on most of the bloc’s exports after Aug. 1.

A Duie Pyle Adds Facilities in West Virginia, Ohio

Wed, 07/23/2025 - 08:43
The less-than-truckload carrier now has 35 service centers across its geographic footprint.

FedEx Freight Delays Enforcement of NMFC Updates for 150 Days

Wed, 07/23/2025 - 08:37
“Customers who want to begin using the new classes now are welcome and encouraged to do so; there is no requirement to wait until Dec. 1,” the company told Transport Topics.

Trade Deal With Japan Lowers Threatened Tariff to 15%

Wed, 07/23/2025 - 07:59
The 15% tax on imported Japanese goods is a meaningful drop from the 25% rate that Trump, in a recent letter to Japanese Prime Minister Shigeru Ishiba, said would be levied starting Aug. 1.

Tesla’s California Market Share Slips as Rivals Gain Ground

Tue, 07/22/2025 - 16:11
The number of new Tesla vehicles registered in California fell once again as the company continued to lose ground in the largest U.S. market for electric vehicles. 

ConocoPhillips Nears $1.3 Billion Sale of Oklahoma Assets

Tue, 07/22/2025 - 15:23
ConocoPhillips is in advanced talks to sell some of its Oklahoma assets to closely held Flywheel Energy for around $1.3 billion, people familiar with the matter said.

Ohio Opens Rest Areas With 40 Truck Parking Spots

Tue, 07/22/2025 - 15:11
Ohio Gov. Mike DeWine unveiled two pairs of modern rest areas with a total of 40 truck parking spots along U.S. Route 33 near Columbus and on the U.S. 30 east-west corridor near Indiana.

Carney Tempers Hopes for Fast US-Canada Trade Deal

Tue, 07/22/2025 - 14:33
“Canada will not accept a bad deal. Our objective is not to reach a deal whatever it costs,” Prime Minister Mark Carney told reporters after meeting with the country's provincial leaders.

Nevoya Raises $9.3 Million in Backing for Expansion Plans

Tue, 07/22/2025 - 13:54
California-based carrier Nevoya raised $9.3 million in seed financing to bolster its expansion plans, the company said July 22.

Americans, Not Exporters, Eat Rising Tariff Costs

Tue, 07/22/2025 - 13:41
“The top-down macro evidence seems clear: Americans are mostly paying for the tariffs,” George Saravelos, global head of FX research at Deutsche Bank.

As Tesla Sales Dip, GM EVs Close the Gap

Tue, 07/22/2025 - 12:50
Americans bought 310,800 EVs in Q2, a 6.3% drop from the year-earlier period. However, the sales dip — 21,000 vehicles — was nearly equal to the slump in transactions for Tesla.

Paccar Q2 Profit Slumps as Weak Truckload Market Persists

Tue, 07/22/2025 - 12:25
Truck manufacturer Paccar’s profit dived 35.3% year over year in the second quarter as the freight recession continued to hamper tractor sales, particularly among truckload carriers.

Pure Lithium Shifts Battery Production to Chicago

Tue, 07/22/2025 - 12:24
Pure Lithium will move its operations from Boston to Chicago and invest $46 million to launch manufacturing of lithium metal batteries in Illinois, state officials announced July 10.

Copper-Laden Ships Race to Reach US Ahead of 50% Tariffs

Tue, 07/22/2025 - 12:10
At least four ships carrying copper are trying to reach U.S. ports before August to get ahead of planned import tariffs on the metal.

Perspective: Understanding the Total Cost of Retail Returns

Tue, 07/22/2025 - 12:07
The returns process is costly. When factoring in every step a retailer goes through to ship, return and reship items, each transaction influences a retailer’s time, money and product waste.

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