General News
Canada Vows Stronger Action on Cheap Steel Imports
Canada has put 25% tariffs on Chinese steel and last month tightened its tariff-rate quotas to further restrict imports from countries with which it doesn’t have a free-trade deal.
Canada’s EQB Sees Sharpest Stock Drop Since 2020
High unemployment and interest rates have historically contributed to more people defaulting on their mortgages, particularly in the Greater Toronto Area.
Shifts in Supply Chain Shape Trucking Business Environment
The 2025 Wells Fargo Supply Chain Report confirmed a prevailing belief that businesses were proactive in importing freight to the U.S. in advance of tariffs taking effect earlier this year.
Ford Recalls 355,000 Pickups Over Dashboard Display Failure
An instrument panel display failure has resulted in critical information, like warning lights and vehicle speed, not showing up on the dashboard.
Consumers to Feel Tariff Pain as Small Parcel Exemption Ends
President Donald Trump’s decision to scrap the policy means that surprise bills will increasingly accompany deliveries that have become a staple of modern life for many consumers.
Trump Fires Rail Regulator as STB Weighs Merger
The board is currently weighing a merger between Norfolk Southern and Union Pacific that would create a massive single railroad company controlling shipments across the continental U.S.
UN Agency Seeks Clarity on Small Parcels as Exemption Ends
The Universal Postal Union said it sent a letter to Secretary of State Marco Rubio on Aug. 26 to express concerns the agency’s member countries have about the end of the “de minimis exemption.”
Mexico Suspends Postal Shipments to US Over Tariff Confusion
The announcement follows similar moves by postal services from the European Union and several other countries as the de minimis exemption ends Aug. 29.
Japan’s Trade Envoy Abruptly Cancels US Trip
Trade envoy Ryosei Akazawa was scheduled to leave Tokyo for Washington on Aug. 28 but Chief Cabinet Secretary Yoshimasa Hayashi told reporters some details required further consultations.
Aurora, McLeod Partnering on TMS for Autonomous Trucks
This Aurora-McLeod software integration will make it easier for mutual customers to adopt autonomous trucks and pave the way for broader industry deployment of this emerging technology.
GDP Grows at Revised Rate of 3.3% in Q2
The first-quarter GDP drop, the first retreat of the U.S. economy in three years, was caused by a surge in imports as businesses scrambled to bring in foreign goods ahead of Trump’s tariffs.
Motive, Fleetio Expand Partnership
Expanded integration is expected to produce a centralization of fuel, maintenance and telematics data across both companies' systems through two products.
Apple, Nvidia Lead Historic Corporate Buyback Wave
Announced buybacks surpassed $1 trillion on Aug. 20, marking the shortest amount of time needed to reach that level, according to data compiled by Birinyi Associates.
EV Realty, Prologis Link California Charging Network Access
Customers will be able to access facilities later this year in Vernon and San Bernardino, Calif., with more to come in both Northern and Southern California.
Mexico Moves to Raise Tariffs on China, Bolstering US Ties
The tariff hikes, expected for imports including cars, textiles and plastics, aim to shelter domestic manufacturers from Chinese competition, according to people briefed on the matter.
Duffy Gives 3 States 30 Days to Enforce English Mandate
The U.S. Department of Transportation acts to withhold $50.5 million in federal grants from California, Washington and New Mexico.
Canadian Firms Delay Passing Tariff Costs to Shoppers
Q3 data from Statistics Canada’s Canadian Survey on Business Conditions said 42% of businesses didn’t pass along tariff-related cost increases to their costumers in the past six months.
Ports See Strong July Cargo Gains From Tariff Frontloading
The Port of Los Angeles reported its busiest month on record with container volume increasing 8.5% to 1,019,837 20-foot-equivalent units from 939,600 last year.
US Invests in Rare Earths in Push to Break China’s Grip
“This is the Manhattan Project moment for rare earths,” said Joshua Ballard, CEO of USA Rare Earth, which plans next year to start making the rare-earth magnets that appear in many products.
Trump’s 50% Tariffs on India Over Russian Oil Take Effect
The Indian government estimates the tariffs will impact $48.2 billion worth of exports.