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Bank of Canada Governor Tiff Macklem said he sees the Canadian labor market as “soft” despite recent data that showed the country added 60,400 jobs in September.

Countries at an IMO gathering in London voted to push back for a year a decision on whether to make ships start paying for the more than 1 billion tons of greenhouse gases they emit each year. 

“The reason you’ve seen spot rates up in the last couple of weeks — it’s been because of the enforcement activity,” said J.B. Hunt Chief Operating Officer Nick Hobbs.

The agreement involves a battery-powered minivan as the initial fleet model for “accelerating the development and deployment of robotaxi solutions in Europe,” the companies said.

CEO Steve Angel, without promising a merger, said he would consider any opportunities that make sense for shareholders. He vowed to focus on making CSX the best-performing railroad.

The Commerce Department is slated to announce a five-year extension for an arrangement that allows automakers to reduce what they pay in tariffs on imported car parts.

The manufacturer on Oct. 17 projected declining North American truck registrations for 2026, with CEO Martin Lundstedt citing rising uncertainty tied to President Trump’s planned duties.

Complete coverage of American Trucking Associations' 2025 Management Conference & Exhibition, held Oct. 25-28 at the San Diego Convention Center in California.

Stellantis declined to comment on conversations with the government. It has confirmed it’s adding a third shift at an Ontario facility and described Canada as “very important” to its plans.

The deficit for the fiscal year was $1.78 trillion, down from $1.82 trillion in 2024, a drop of 2%, according to figures released by the Treasury Department Oct. 16.