July 21, 2026 1:55 pm, EDT (Utz Snacks via Facebook) key takeaways: Utz Brands agreed to a $2.9 billion deal with Germany’s Intersnack Group, which will acquire all Class A shares and co-own the company. The acquisition gives Intersnack its first presence in the US market, while giving Utz a partner as European snack makers
If you’re looking for a Tundra Trailhunter with a setup similar to a Tacoma or 4Runner, this isn’t what you expected. It’s been nearly four years since Toyota initially teased the idea of a Tundra “Trailhunter,” a more capable off-road model within its increasingly complex lineup of trucks. The concept featured a raised suspension setup,
July 21, 2026 2:26 pm, EDT On July 20 in Woodstock, Ga. Used car dealership by Car-Mart of America in. (Dustin Chambers/Bloomberg) key takeaways: America’s Car-Mart is facing a severe cash and credit crunch, reporting a 52% inventory decline and a 27% decline in vehicle sales. The subprime auto dealer’s reliance on asset-backed securitization and
July 21, 2026 5:10 PM, EDT “Although the U.S. economy is in solid shape overall, the freight economy is not as strong,” Costello said. (Granddriver/Getty Images) key takeaways: The American Trucking Association said its for-hire truck tonnage index rose 0.1% in June to 113.1 after freight volume weakened at the start of the second quarter.
July 21, 2026 4:30 PM, EDT A truck enters the United States at the Canada-US border in Saint-Bernard-de-Lacolle, Quebec on June 30. (Andrej Ivanov/Bloomberg) key takeaways: The Trump administration is set to impose tariffs on dozens of economies through July 24 to plug the gap once the temporary 10% tariffs expire. The proposed Section 301
July 21, 2026 3:30 pm, EDT Bottles of American-made rum were removed from the shelves of a liquor store in Toronto. (Christopher Katsarov Luna/Bloomberg) key takeaways: The Trump administration used another tariff threat to pressure Canadian provinces to end the US alcohol boycott, but Ontario and British Columbia refused. U.S. wine producers have lost millions
July 21, 2026 2:35 pm, EDT “It’s going to be extremely busy,” says Tenney. (Adamkaz/Getty Images) key takeaways: Trucking M&A activity improved in the first half of 2026 as freight market conditions recovered and sellers who had delayed exits returned to the market. Capacity cuts, rising freight rates and strong investor confidence supported dealmaking, although
July 21, 2026 1:12 pm, EDT Honda’s CR-V was one of the best-selling vehicles in California in the second quarter. (Honda) key takeaways: Hybrid vehicles accounted for nearly one in four California registrations in the second quarter, outpacing EV market share growth in the state. EV registrations fell 8.2% from a year earlier as affordability
July 21, 2026 8:02 am, EDT | Update: July 21, 2026 10:48 am, EDT People stand on a bridge destroyed after an attack in Hormozgan province in southern Iran on July 18. (Amirhossein Khorgoui/Iranian Student News Agency via AP) key takeaways: Oil prices climbed as the US announced another round of strikes targeting Iran for
July 21, 2026 10:49 am, EDT The International Energy Agency said it was “closely monitoring the situation in oil markets” as escalating hostilities in the Middle East raise concerns over security of supply. The agency, which oversees the release of emergency reserves by consuming countries, said markets “are benefiting from several cushioning factors” including significant