Dozens of freight and trucking stakeholders praised the recently enacted comprehensive tax and budget measure referred to as the “One Big, Beautiful Bill.”
July 9, 2025Search
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NMFTA Readies Density-Based Freight Class Update for July 19
The National Motor Freight Traffic Association is moving toward a density-based freight classification system in a major update that is set to go into effect July 19.
July 9, 2025Cruise Cuts 101 Employees as GM Winds Down Robotaxi Program
Cruise, the embattled self-driving car subsidiary of GM, has laid off 101 more employees across the Bay Area, marking the latest round of job cuts as the company scales back its robotaxi efforts.
July 9, 2025Trump’s Trade Blitz Yields Few Deals but Lots of Uncertainty
President Donald Trump's lightning round of global trade negotiations with dozens of countries has yielded two deals, with the U.K. and Vietnam, and a framework for a deal with China.
July 9, 2025Kenworth, Peterbilt Maker Cuts 175 Jobs in Quebec, Union Says
Truck maker Paccar, parent company of Kenworth and Peterbilt, will lay off 175 employees in its Sainte-Therese, Quebec, plant over weakening demand, according to local union Unifor.
July 9, 2025Rivian-Backed Also Hits Unicorn Status With $200M Raise
A Rivian-backed startup developing small electric vehicles was valued at $1 billion in a new investment from Greenoaks Capital, according to people familiar with the matter.
July 8, 2025EIA Trims Forecast for 2025 US Crude Oil Output
The latest production forecast for this year represents a drop of about 50,000 barrels a day from the Energy Information Administration’s previous projections in June.
July 8, 2025Amazon's Seller Pricing Limits Face Canadian Review
Canada’s competition watchdog secured a court order to help its investigation into whether Amazon is abusing its dominant retail position in the market.
July 8, 2025Trump Says Powell Should Resign if He Misled Congress
“Then he should resign immediately,” Trump said when asked about the allegations that Powell mischaracterized details about renovations at the Fed’s headquarters.
July 8, 2025Trump to Impose 50% Copper Tariff, Delay Drug Duties
“I believe the tariff on copper we’re going to make it 50%,” President Donald Trump said when asked by a reporter what the rate on those products would be.
July 8, 2025