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GM Profit Falls as Trump Tariffs Add $1.1 Billion in Costs

General Motors said it suffered a $1.1 billion profit hit from President Donald Trump’s tariffs and revealed no plan for a near-term fix to return to pre-tariff profit levels.

July 22, 2025

Coca-Cola Confirms a Cane-Sugar Version This Fall

Coca-Cola said July 22 that it will add a cane-sugar version of its trademark cola to its U.S. lineup this fall, confirming a recent announcement by President Donald Trump.

July 22, 2025

House Panel Approves $200 Million for Truck Parking

A fiscal 2026 transportation funding bill advanced by the Appropriations Committee on July 17 also would allot $927 million for FMCSA operations.

July 21, 2025

Joby Targets 2026 US Air Taxi Launch

Air taxi startup Joby Aviation expects to have five aircraft in one of the final phases of certification next year as it aims to start commercial flights in early 2026, according to its CEO.

July 21, 2025

Cleveland-Cliffs CEO Urges Canada to Hike Steel Tariffs

The notoriously combative U.S. executive and vocal public supporter of President Donald Trump said July 21 that Carney and his cabinet should enact “significant” trade protections.

July 21, 2025

Bank of Canada Poll Shows Tariff Risks Stall Business Plans

In the first quarterly reports since pausing rate cuts, the Bank of Canada said businesses and consumers appear to have adopted a cautious stance because of rapidly changing tariff policy.

July 21, 2025

PermaCold Logistics to Build $60 Million Facility in Georgia

Georgia leaders have inked a $60 million deal with PermaCold Logistics for construction of a cold storage facility along Interstate 95.

July 21, 2025

Fleetworthy Buys Predictive Tolling Specialist Commercelogic

Fleetworthy said the deal would offer carriers that use its Bestpass product predictive toll insights, automated reconciliation and cost-saving opportunities.

July 21, 2025

Diesel Stockpiles at Lowest Levels Since 1996

In the middle of the U.S. summer driving season, diesel is knocking gasoline off its perch as the hot fuel bet and has become one bright spot in an oil market bracing for a glut this year.

July 21, 2025

Freight Brokers Use Technology to Fight Surging Cargo Theft

As freight brokers battle fraudsters intent on cargo theft, they are building defenses that combine multiple technologies provided by vendors and augmented by their own systems.

July 21, 2025