With one very positive exception, the US full-size pickup truck market and sales in the second quarter of 2026 look bleak. GM and Ford saw their pickup truck sales decline last quarter, but Ram trucks saw a dramatic turnaround with a +14.3% gain. Naturally, there is more nuance in the data.
July 8, 2026 1:09 pm, EDT key takeaways: The USDA reported on July 8 that China bought 472,000 metric tons of U.S. soybeans, the country’s largest daily sale since November 2023. The purchases, including several cargoes by COFCO, signal renewed trade momentum following US-China talks and support expectations of a rise in Chinese agricultural imports.
(Ward DeWitt/Getty Images) July 8, 2026 11:00 am, EDT key takeaways: EPA is expected to release a draft NOx emissions proposal after OMB completes its review before the Independence Day holiday. ATA expects to add flexibility to the proposal, including changes to warranty requirements and compliance credit availability. Carriers are delaying truck purchases despite compliant
Commercial ship in the Strait of Hormuz near Bandar Abbas, Iran. (Amirhossein Khorgui/ISNA via AP) July 8, 2026 8:13 am, EDT | Update: July 8, 2026 11:35 am, EDT key takeaways: Oil prices rose more than 7% after US President Donald Trump said on July 8 that the interim deal with Iran was “dead” although
From left: NATO Secretary General Mark Rutte, President Donald Trump, Secretary of State Marco Rubio, Treasury Secretary Scott Besant and Defense Secretary Pete Hegseth during the NATO summit in Ankara, Turkey, on July 8. (Saul Loeb/AFP/Getty Images) July 8, 2026 9:59 am, EDT key takeaways: President Donald Trump called for an end to US trade
Growth was recorded in transportation and storage in June. (Nathan Howard/Bloomberg) July 7, 2026 8:18 am, EDT key takeaways: The Institute for Supply Management said on July 6 that its services index fell 0.5 points to 54 in June, reflecting continued expansion at a slow pace. Softening of business activity and new orders, easing price
A container terminal in Nanjing, China on January 14. (Chinatopics via AP) July 7, 2026 8:44 am, EDT key takeaways: A three-day USTR hearing on proposed tariffs involving forced labor enforcement began in Washington on July 7, with testimony from officials, industries, and foreign governments. The USTR recommended imposing a 10% to 12.5% tariff on
A Walmart store in Texas. (Shelby Tauber/Bloomberg News) July 7, 2026 9:31 am, EDT key takeaways: President Donald Trump said on July 6 that Walmart cut prices at the request of his administration, but the retailer’s statement did not mention any government role. The dispute comes as Trump faces criticism over 4.2% inflation, previously linked
July 7, 2026 9:59 am, EDT key takeaways: The British military said two tankers were hit by shells in the Strait of Hormuz on July 7 in the latest attacks targeting ships passing through the narrow mouth of the Persian Gulf. one of the tankers was traveling The attacks highlight rising tensions in a vital
With one very positive exception, the US full-size pickup truck market and sales in the second quarter of 2026 look bleak. GM and Ford saw their pickup truck sales decline last quarter, but Ram trucks saw a dramatic turnaround with a +14.3% gain. Naturally, there is more nuance in the data.