The world’s largest meat supplier also said it is closing a value-added facility in Memphis, Tenn., which packages various proteins.

Brent crude oil fell 3.1% to 87.58 per barrel. That was still much higher than the roughly $70 a barrel level it was at before the war began in late February.

The G7 summit comes ahead of the scheduled July 1 review of USMCA. It is a crucial moment in trade talks, and Trump has said  that he may not renew the deal.

A senior Iranian official indicated overnight that a deal is likely, said a G7 official and a diplomat from outside the group, who both asked not to be named discussing sensitive matters.

DHL expects its energy logistics revenue to reach $3.5 billion by 2030, driven by rising demand for oversized turbines and hazardous batteries.

President Trump scored a win over a group challenging the 10% global tariffs after a court said the government can enforce the levies while the fight plays out.

The platform combines core transportation management functions with optional add-ons, allowing companies to expand the system based on their operational needs.

U.S. Border Patrol agents are now using federal transportation records in a system that stops Mexican truckers with past cabotage violations from entering the country.

Brent crude oil falls 3.5% to $89.89  a barrel early June 11. It was at around $70 a barrel before the start of the war in late February.

An overhaul of the truck maker’s lineup has been underway since Mack announced the Pioneer as its latest flagship Class 8 on-highway tractor in April 2025.