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Canadian Road Trips to US Slump Nearly 37% in July

The drop in U.S. travel underscores Canadians’ resentment toward their southern neighbor, who is their biggest trading partner and was once their favorite vacation destination. 

August 11, 2025

CARB's Clean Trucks Initiative Snared in Legal Limbo

The relationship between America’s truck makers and the California Air Resources Board forged in the Clean Truck Partnership is beginning to fray.

August 11, 2025

Maersk Defies Trade War Fears With Stock Rally

Shorting Maersk stock during a global trade war may seem like a sure bet. But investors who’ve loaded up on the trade since April have so far only been handed big losses.

August 11, 2025

WTO Predicts 0.9% Increase in Global Goods Trade

After a 2.9% gain in 2024, global goods trade will increase by 0.9% this year, the Geneva-based trade body said in a report Aug. 8.

August 8, 2025

Tariffs Are Starting to Squeeze Profits for Farmers

Deliveries of key nutrients to the U.S. have plunged, machinery prices are climbing and crop buyers are limiting purchases amid mounting uncertainty.

August 8, 2025

RXO Reports 53% Revenue Jump in Q2

RXO's revenue increased 52.6% in the second quarter despite the prolonged soft freight environment, but the company also reported a net loss of $9 million.

August 8, 2025

Tesla Secures Texas Rideshare Permit for Robotaxi Operation

Uber and Lyft also get licenses under a new state law that takes effect Sept. 1.

August 8, 2025

US Refiners to Profit as Heavy Oil Output Rebounds

The ability to buy heavy crude at cheap prices is set to improve in the second half of the year as Canadian and Middle Eastern production rebounds.

August 8, 2025

Hyroad Energy to Buy Nikola’s Hydrogen Fuel Cell Trucks, IP

Hyroad Energy will buy much of bankrupt truck manufacturer Nikola’s remaining physical assets and all its intellectual property for $3.85 million.

August 8, 2025

Tesla Disbands Dojo Team in Blow to AI Autonomous Effort

Tesla plans to increase its reliance on external technology partners, including Nvidia, Advanced Micro Devices and Samsung.

August 8, 2025