Performance Food Group has attracted takeover interest from US Foods, a potential deal that would create a food distribution company with combined sales of roughly $100 billion.
July 11, 2025Search
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Trump Plans to Hike Tariffs on Canadian Goods to 35%
President Donald Trump said in a letter that he will raise taxes on many imported goods from Canada to 35%, deepening a rift between two North American countries.
July 11, 2025Trump’s 50% Copper Tariff Could Rattle US Supply Chains
U.S. buyers of copper will pay a high price if President Donald Trump pushes ahead with a 50% tariff on refined metal as opposed to products such as wiring, according to producers and analysts.
July 10, 2025Unilever Sells Venezuelan Ice Cream Unit to Mack de Venezuela
Unilever sold its Venezuelan ice cream business to truck dealer Mack de Venezuela, as a renewed bout of high inflation and political uncertainty hits the Andean nation’s private sector.
July 10, 2025JPMorgan’s Jamie Dimon Flags Complacency on Tariff Threat
In the wide-ranging comments, Dimon also said he believes the Federal Reserve is likely to raise interest rates — even as the market indicates otherwise.
July 10, 2025Transportation Panel Embraces ‘Back to Basics’ Highway Plan
Policymakers in the House of Representatives will prioritize traditional surface transportation projects when they kick off negotiations on a multiyear highway policy bill.
July 10, 2025Geopolitical Chaos Continues to Roil Trucking Industry
The trucking industry is wrestling with an unclear market trajectory forged through a combination of chaotic geopolitical negotiations and enduring market weakness.
July 10, 2025Tesla to Start Robotaxi Service in California and Arizona
CEO Elon Musk predicted on his social media service X that Tesla robotaxis could launch in the San Francisco Bay area “probably in a month or two,” pending regulatory approvals.
July 10, 2025New FedEx Hub in Detroit Moves 12,000 Packages an Hour
FedEx recently opened a new facility on a sprawling piece of land at Detroit Metro Airport, loading it with new technology that helps move 12,000 packages an hour faster and more efficiently.
July 10, 2025Used Truck Market Grapples With Instability in May
Used Class 8 truck sales, prices and mileage faced downward pressure from uncertain market conditions during May, ACT Research reported.
July 10, 2025