Dozens of freight and trucking stakeholders praised the recently enacted comprehensive tax and budget measure referred to as the āOne Big, Beautiful Bill.ā
July 9, 2025Search
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Cruise 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, 2025Trumpās 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, 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 Administrationās previous projections in June.
July 8, 2025Amazon's Seller Pricing Limits Face Canadian Review
Canadaās 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
āThen he should resign immediately,ā Trump said when asked about the allegations that Powell mischaracterized details about renovations at the Fedās headquarters.
July 8, 2025Trump to Impose 50% Copper Tariff, Delay Drug Duties
āI believe the tariff on copper weāre going to make it 50%,ā President Donald Trump said when asked by a reporter what the rate on those products would be.
July 8, 2025Ford Battery Plant Clears Hurdle With Tax Credit Win
A spokesperson said the Michigan facility is on schedule to open next year and will ultimately employ 1,700 workers as the company had projected when it downsized the project in late 2023.
July 8, 2025Trump Says Aug. 1 Tariff Deadline Wonāt Be Extended
President Donald Trump said he would not offer any extensions to a new Aug. 1 deadline for nations to begin paying so-called reciprocal tariffs.
July 8, 2025Daimler Truck to Double Defense Business, Cut 5,000 Jobs
Daimler Truck said it plans to double the size of its defense business by 2030 as it seeks to profit from higher military spending globally, and will cut 5,000 jobs in Germany.
July 8, 2025