General News
What Killing Tax Credits Means for the EV Market
The Trump administration’s plan to scrap federal incentives for EVs will be a major speed bump for battery-powered transportation in the U.S., but not a brick wall, according to forecasts.
Nikola Customers’ Conundrum: Innovate or Park the Truck?
Some customers have secured the fuel their tractors need. Others parked the trucks as court proceedings play out. All continue to work the phones in search of more amenable solutions.
OPEC+ Talking About a Fourth 411,000-Barrel Hike in August
OPEC+ is discussing another 411,000 barrel-a-day production increase for August ahead of the group’s videoconference this weekend, according to delegates who asked not to be identified.
DHL Supply Chain North America Promotes Kunar to CEO
Mark Kunar, previously DHL Supply Chain North America’s chief financial officer and chief strategy officer, replaces Patrick Kelleher. He'll report to Oscar de Bok, DHL Supply Chain CEO.
Nike Likely to Hike Prices More After Vietnam Tariff Deal
Nike will face pressure to raise prices higher than expected after the U.S. and Vietnam reportedly reached a new trade agreement that boosts tariffs, according to an analyst.
NMFTA Tackles Cyber-Enabled Cargo Thefts With New Framework
NMFTA has released a framework aimed at helping carriers and brokers fight back against the growing and increasingly sophisticated problem of digitally enabled cargo theft.
Nissan Recalls 480,000 Vehicles Due to Engine Failure Risk
Nissan is recalling more than 480,000 of its vehicles across the U.S. and Canada due to potential manufacturing defects that could cause engine failure.
RNG Gains New Momentum in Longhaul Trucking
Recent data and developments indicate at least one emerging technology’s path forward is becoming clearer — renewable natural gas.
Canada Exports to US Keep Falling as Tariffs Curb Shipments
Canada’s share of exports destined for the U.S. shrank to the smallest proportion since at least 1997, excluding the COVID pandemic. Shipments to other countries reached a new high.
North Carolina Truck Driver Wins $50,000 in Maryland Lottery
A truck driver played the lottery while staying overnight in Maryland between drives — and ended up winning a big prize, officials said.
UPS Plans to Offer Voluntary Buyouts to Union Drivers
UPS plans to offer voluntary buyouts to union-represented delivery truck drivers as the company works to slim down its operations.
Trump Aims to Shut Loopholes China Uses to Evade Tariffs
President Donald Trump’s trade deal with Vietnam targets practices China has long used to skirt U.S. tariffs: the shifting of production to Southeast Asia and the “origin washing” of exports.
Employers Added a Surprising 147,000 Jobs in June
U.S. employers added 147,000 jobs in June as the American labor market continues to show surprising resilience despite uncertainty over President Donald Trump’s economic policies.
Truckers Caught Smuggling People, Drugs Face Lifetime CDL Bans
A U.S. government and Texas partnership has resulted in more than 1,000 truckers losing their CDLs permanently for smuggling people and drugs across the U.S. border with Mexico.
Carney Meets With Automakers as Canada’s Factories Show Strain
Canadian Prime Minister Mark Carney met with automotive executives July 2 to discuss how to help auto plants that have been choked by U.S. tariffs.
BYD Halts Plan to Build Mexico Car Plant Over Trump’s Trade War
Top Chinese electric vehicle maker BYD has shelved plans to build a major plant in Mexico over geopolitical tensions and uncertainty stemming from President Donald Trump’s trade policies.
Trump Says Deal Will Allow US Goods Into Vietnam Duty-Free
President Donald Trump announced a trade deal with Vietnam on July 2 that would allow U.S. goods to enter the country duty-free. Vietnamese exports to the U.S. would face a 20% levy.
Moove Looks to Expand to US With Waymo Fleet
African ride-hailing startup Moove is close to raising $1.2 billion in a debt round that will help it finance a rollout of an autonomous-driving fleet with Waymo and expand in the U.S.
Stellantis Sales in US Drop 10% Despite Ram Recovery
Stellantis sales in the U.S. fell 10% in the second quarter despite resilient demand for Jeep SUVs and Ram trucks.
US Trade Deals Seek to Shut Out China
China is increasingly wary about U.S. efforts to forge deals that could isolate Chinese firms from global supply chains.