General News
OPEC Adds 400,000 Barrels Daily in August Supply Hike
The extra barrels have so far only put modest downward pressure on crude prices, but threaten to unleash a major surplus in the coming months, according to the International Energy Agency.
Tesla Sales Plunge Across Europe as EV Market Grows
Tesla’s worldwide vehicle deliveries fell 13% in the first half of the year, putting the company on course for its second consecutive annual decline.
Volkswagen ID. Polo Revives Legacy Model in Electric Form
The manufacturer on Sept. 3 unveiled a camouflaged version of the ID. Polo, which is expected to be priced below €25,000 ($29,125) when it goes on sale next year.
Perspective: AI Will Drive the Future of Electric Vehicles
By pairing AI-supported charging capabilities with a human-managed network operations center, operational anomalies could be minimized.
Trump Accuses Xi, Putin, Kim of Conspiring Against US
“Please give my warmest regards to Vladimir Putin, and Kim Jong Un, as you conspire against The United States of America,” Trump said on his Truth Social site.
Trump Seeks Fast Supreme Court Action on Tariffs Case
Trump told reporters that the U.S. would appeal to the high court for relief as soon as Sept. 3 because “it would be a devastation for our country” if the appeals court ruling was left in place.
US Holds Off Sanctions on China Over Russia Ties
“President Trump has not put tariffs on China because those negotiations are ongoing. And the war in Ukraine is certainly part of that discussion,” U.S. Ambassador Matthew Whitaker said.
Diesel Prices May Climb Higher Into Harvest Season
Money managers turned the most bullish on diesel in four weeks after Fed Chair Jerome Powell signaled openness to a rate cut last month.
ATA Renews Call for Stricter Federal Safety Enforcement
American Trucking Associations is renewing its call for stricter enforcement of federal safety laws in the wake of a fatal truck-involved crash in August.
Truckers’ Input Sought on N.Y. Thruway Facility Upgrades
Information gathered will inform a Request for Proposals on facility upgrades that will open to vendors next year. The state’s current fuel contracts expire in 2027.
Jaguar Land Rover Cyberattack Halts Production
“We are now working at pace to restart our global applications in a controlled manner,” Jaguar Land Rover said on its website. There’s no evidence customer data was stolen, it added.
US Factory Activity Shrinks for Sixth Straight Month
While a slight improvement from 48 in July, details of the ISM report were mixed and the gauge remained below the level of 50 that separates expansion and contraction.
Activist Investor Elliott Builds $4 Billion Stake in PepsiCo
The position makes Elliott Investment Management one of PepsiCo’s largest investors, the activist said Sept. 2 in a letter to the company board of directors.
Kraft Heinz Breakup to Create 2 Distinct Food Giants
Following the breakup, one company will be made up of its Heinz Ketchup and other iconic condiments and boxed meals — a unit that currently generates $15.4 billion in sales.
Volkswagen Unions Urge Blume to Quit Porsche Role
The company’s top labor official, Daniela Cavallo, on Sept. 2 urged Blume to step aside as head of Porsche AG, where he has remained CEO even after taking the helm at Volkswagen in 2022.
Trump Says India Offered Zero Tariffs on US Goods
Trump said in a social media post Sept. 1 that India offered to reduce its tariffs on U.S. goods to zero, without saying when the concession was made.
HTA’s Loya Listens, Learns as Calif. Drayage Community Reels
Robert Loya has seen up close how the dynamic between trade associations and members works, and how different it is to being employed at a carrier.
TMCSuperTech Turns 20 as TMC Fall Meeting Heads to Raleigh
Competition, connection and communication will be the theme throughout Technology & Maintenance Council's Fall Meeting and national technician skills competition.
Virginia Ends Tolls on Bridge Outside Newport News
"It’s time to stop asking Virginians to pay tolls on this facility, and we are doing so five months early,” Gov. Glenn Younkin said.
Tariffs and Trade Woes Weigh on US Agriculture
Tariff tensions are making the North American farm market the most uncertain in the world even as conditions in Europe and Asia start to improve.