The tariffs, which were first proposed last month, will take effect July 22. The order exempts some some oil and gas energy products.

The price for a barrel of Brent crude rose 0.7% to $85.55 and is near a one-month high.

Uber offered to pay $47.60 a share and will acquire Delivery Hero’s operations in 50 markets, the company said in a statement on July 16.

Business at clothing and accessories stores slipped 0.3%, while online sales rose 1.9%, fueled by spending surrounding Amazon's Prime Day event June 23-26.

U.S. gasoline, meanwhile, is again approaching the closely watched $4 mark at a time when summer demand typically peaks.

A chronic lack of available truck parking creates public safety risks and raises consumer costs, American Trucking Associations President Chris Spear said.

The U.S. launched more airstrikes on Iran on July 15, after President Donald Trump pledged to intensify the bombardment until Tehran stops attacking ships.

The brokerage will expand the truckload-focused carrier’s international trade and logistics capabilities across the United States and Mexico, Ruan said.

STG was owned by Wind Point Partners, Duration Capital Partners and Oaktree Capital Management when it sought court protection.

The latest extension of the Jones Act is due to expire next month as the renewed war in Iran raises the prospect of prolonged fuel supply disruptions. 

However, the start of production at the site remains up in the air, said Daimler Truck North America CEO John O’Leary.

At this point, there’s no sign the discrepancy will jeopardize the bridge’s planned opening on July 27.

The attacks demonstrate the risk of transit for vessels that normally dominate the export of Persian Gulf barrels.

Priced from around $32,000, the ID. Cross will pad out VW’s lineup of affordable electric city models that are increasingly competing with the likes of BYD’s Dolphin Surf.

The Labor Department reported July 15 that its producer price index — which captures inflation before it reaches consumers — dropped 0.3% from May, biggest decline since April 2025.

IMO Secretary-General Arsenio Dominguez said the Strait of Hormuz remains too dangerous for commercial vessels despite previous U.S.-Iran peace efforts.

Brent crude, the international standard, rose 63 cents to $85.36 a barrel as Iran threatens to block energy exports.

The U.S. is advancing talks for a pipeline that would carry oil from Iraq to Syria, a route that avoids Hormuz and would reduce Iran’s future leverage over energy.

The parent company of Freightliner and Western Star is seeing heavy replacement demand from larger on-highway fleets in particular, DTNA CEO John O’Leary said.

The historic boost to U.S. crude exports triggered by the Iran war will likely endure, according to the head of the largest U.S. oil port.