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Trucks at the Port of Oakland

Two longtime stalwarts of the drayage community serving the Port of Oakland and beyond closed their doors in recent weeks after around four decades in business each.

Prime Minister Mark Carney said Aug. 5 the guarantees will ensure forestry companies of all sizes can maintain and restructure their operations.

The federal government had already approved 657 waivers to allow companies such as Amazon and major utilities to do this in certain circumstances, but the waiver process made it difficult.

The goods and services trade gap shrank 16% from the prior month to $60.2 billion, Commerce Department data showed Aug. 5.

Allison Transmission profit nudged higher in Q2 of 2025, but ongoing U.S. on-highway truck demand weakness led the automatic transmission specialist to cut its full-year guidance.

The energy infrastructure company also sees years of robust demand for the fuel, which currently makes up about 15% of the market, according to CEO Chad Zamarin.

Tyson Foods Inc.’s top boss said a long-awaited push to rebuild the US cattle herd will begin “in earnest” next year — though the meat producer doesn’t expect to benefit before 2028.

Singapore’s first charging and swapping station for big rigs can replace batteries in under five minutes. The entirely automated process can handle 60 trucks a day,

Trump last week announced that exports of Swiss goods to the U.S. will face a 39% tariff starting Aug. 7.

At an average of 15%, the world is still facing some of the steepest U.S. tariffs since the 1930s, roughly six times higher than they were a year ago.

Profit at Daimler Truck tumbled in the second quarter of 2025 as North American sales slumped, with little prospect of a near-term improvement if Q2 orders are anything to go by.

Eaton HQ

Supply chain turmoil and an increase in tariffs globally are bolstering the costs of all industrial manufacturers — particularly those using aluminum, steel and copper, Eaton noted.

Trucks at a fueling station

Diesel Price Nudges Down a Half-Cent to $3.80 a Gallon

Past two price drops have totaled just 1.2 cents a gallon, according to U.S. Energy Information Administration data released Aug. 5.

Oliver Zipse

BMW Strikes Back at Tesla With Longer-Range EVs

The  iX3 SUV will be the first of 40 new or updated models. “We’re 109 years old, and it’s by far the biggest single investment into one architecture we’ve ever done,” CEO Oliver Zipse said.

Elon Musk

Musk Seeks Dismissal of Tesla Stock-Sale Suit

The filing came the same day Tesla directors disclosed their decision to grant Elon Musk an interim stock award — valued at $30 billion — while a legal fight over his 2018 pay package drags on.

Shawn Fain

UAW Faction Seeks to Oust President Shawn Fain

Workers at a Stellantis truck factory in suburban Detroit and an engine plant in Michigan voted over the weekend to start the union’s process to remove its leader ahead of an election next year.

Editor's Picks

Calibrate communication graphic

Fleet maintenance managers have several hats to wear when keeping tabs on their technicians and relating the value of their performance to the company's top brass.

UPS truck lot

Transport Topics' 2025 Top 100 For-Hire Carriers list illustrates how weak freight market conditions have continued to squeeze margins for North America's largest motor carriers.

Fuel Prices

Week of Aug 4
Down
diesel
Down
0.5¢
Up
gas
Up
1.7¢

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Trailer floor

Some products have been tweaked over the years, but the basics of trailer flooring have remained constant, said Mark Glasgow, chief of sales at trailer manufacturer Utility Trailer.

Caterpillar equipment

Caterpillar — seen as a bellwether of the health of the global economy — saw total sales slip in both construction and resource industries.

Truck at Port of Long Beach

Trucking and logistics companies react to President Donald Trump's sweeping round of tariffs on dozens of trading partners announced Aug. 1.

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