A newly assembled Toyota Tacoma pickup truck undergoes final inspection on the assembly line at the company’s manufacturing facility in San Antonio in 2016. Tacoma Assembly will now return to the facility. (Luke Sherratt/Bloomberg) July 6, 2026 5:30 pm, EDT key takeaways: Toyota said on July 6 that it would move some Tacoma production from
Chinese President Xi Jinping and US President Donald Trump at the Zhongnanhai Garden in Beijing on May 15. (Evan Vucci/Pool Photo via Associated Press) July 6, 2026 4:00 PM, EDT key takeaways: President Donald Trump said on July 6 that he expected to meet with Chinese President Xi Jinping around September 24. Trump referred to
SMBs are generally a priority target for carriers due to the high margins available. (vitfo/Getty Images) July 6, 2026 3:41 pm, EDT key takeaways: The DHL Express US survey found that most SMBs meet or exceed 2026 expectations, indicating support for trucking margins, especially LTL carriers. The survey said 38% outperformed first-half plans, 36% met
Ram is launching its first power wagon with a Cummins turbo-diesel. Is This Really a 2027 Ram Power Wagon Diesel? To see what it’s all about, I got hands-on with a fully-specced model. Let’s dig! Customers have been asking for a factory diesel-powered Power Wagon for decades. Ram is listening bring this model in the
(Images: Ford) Ford is recalling 741,195 vehicles because the vehicles could have damage to the transmission parking poles. according to A new recall report submitted to the National Highway Traffic Safety Administration (NHTSA), Ford Motor Company has a problem with 741,195 vehicles in the US, between model years 2018 and 2021. Although it primarily affects
A Giant Eagle store in Mayfield Heights, Ohio. (Tony Dejac/Associated Press, File) July 1, 2026 5:00 pm, EDT key takeaways: Kroger said on July 1 that it planned to acquire Giant Eagle for $1.65 billion, expanding its footprint while keeping Giant Eagle’s brand and operations unchanged. The deal adds 197 supermarkets and 11 pharmacies in
The decline in hiring led to the largest decline in leisure and hospitality payrolls since 2020. (Allison Joyce/Bloomberg) July 2, 2026 9:13 am, EDT key takeaways: Nonfarm payrolls increased by 57,000 in June after declining in the previous two months. The unemployment rate fell to 4.2% as labor force participation fell to 61.5%. Leisure and
“The reality is that my members are still not in a very good position. We still find ourselves in a freight recession,” Loya said. (Eric Thayer/Bloomberg) July 2, 2026 5:48 pm, EDT key takeaways: Trucking companies serving the major ports are under pressure despite import gains at the Port of Los Angeles and the Port
Disassembled engine parts at an automotive shop in Oklahoma City. (Nick Oxford/Bloomberg) July 2, 2026 4:26 pm, EDT key takeaways: O’Reilly Automotive has made a cash bid for the auto parts arm of Genuine Parts, according to people familiar with the matter. The entity could be valued at $10 billion or more and have sales
The company now expects to deliver 65,000 to 70,000 vehicles this year, a July 2 statement said. (Jason Henry/Bloomberg) July 2, 2026 9:23 am, EDT key takeaways: Rivian now expects to deliver 65,000 to 70,000 vehicles this year. The company delivered 12,194 vehicles in the second quarter, exceeding Wall Street expectations. Rivian begins sales of