July 20, 2026 at 5:43 pm, EDT The action threatens to further strain relations between the two neighbours, who have traditionally been close allies. (James Macdonald/Bloomberg) key takeaways: The Trump administration imposed a new 50% tariff on certain Canadian goods on July 20 under Section 338 of the 1930 Tariff Act. Officials said the action
(Images: TFL Studio) We’ve had a saying about the Ram Power Wagon for years… but how does this latest truck handle the trails? If you’re looking for a big, strong, powerful off-road truck, the Ram 2500 Power Wagon is your choice. At least, that’s been Ram’s brief over the past few decades, as it has
July 20, 2026 2:50 pm, EDT | Update: July 20, 2026 3:18 pm, EDT Those who receive notice but do not complete and pass the written retest will have their driver’s licenses revoked. (Damien Dovarganes/Associated Press) key takeaways: California’s DMV informed 11,000 driver’s license holders that they will have to retake written tests after a
July 17, 2026 at 3:00 pm, EDT | Update: July 20, 2026 1:40 pm, EDT International Motors sales rose 18.4% to 2,498 units in June from 2,110 in June, the best year-on-year growth among the seven major truck makers. (International Motors) key takeaways: U.S. Class 8 retail sales rose 0.3% year over year in June
July 20, 2026 12:46 pm, EDT The ships are anchored in the Strait of Hormuz near Iran’s Larak Island. (Majid Saeedi/Bloomberg) key takeaways: As attacks on merchant shipping escalated, Sinocor Group offered sailors an extra six months’ pay to complete the Hormuz oil voyage. The offer highlights increased risks after attacks on 59 commercial ships
July 20, 2026 11:07 am, EDT Matt VanDyke (left) will lead Ram, while Brandon Cote will lead Jeep. (stellantis) key takeaways: Stellantis appointed Brandon Cote to lead Jeep and Matt VanDyke to lead Ram as CEO Antonio Filosa reshapes its US operations. The changes support efforts to revive US sales, with Ram making a comeback
July 20, 2026 10:35 am, EDT A Canadian flag flutters in the wind near the Ford logo at the automaker’s headquarters in Dearborn, Michigan. (Carlos Osorio/Associated Press) key takeaways: Ford and Unifor ratified a three-year contract covering approximately 5,000 Canadian workers with a 9% pay raise and bonuses. The agreement includes a new C$700 million
July 20, 2026 12:00 PM, EDT Diesel has had its worst year in the last decade. The conflict in the Middle East in early 2026 caused a supply shock and prices jumped more than 40% within two months. By spring, the national average was running $3.78 to $3.81 per gallon, with fleets in California and
July 16, 2026 8:44 am, EDT A driver fills up with diesel at a Chevron truck stop in Tracy, California. (David Paul Morris/Bloomberg) key takeaways: US diesel prices rose above $5 a gallon as fuel market tensions increased due to renewed US-Iran hostilities and fuel supply concerns. Diesel prices have risen by nearly a third
July 16, 2026 9:40 am, EDT Signage for Delivery Hero at the company’s headquarters in Berlin. (Kriztian Bocci/Bloomberg) key takeaways: Uber has agreed to acquire Delivery Hero for approximately $14.8 billion, which will expand its food delivery and mobility footprint in 50 markets pending regulatory approval. The deal strengthens Uber’s presence in Asia, Latin America