Truck News

Panama’s government in February seized the Balboa and Cristobal ports after its Supreme Court ruled that a concession held by CK Hutchison’s subsidiary to run the two ports was unconstitutional.

Walmart’s U.S. e-commerce business, which has become an engine of growth for the retailer, rose 24%, trailing the first-quarter pace of 26%.

The record showed participants’ inflation outlooks were “highly uncertain” and the re-escalation of the Iran war “clouded the inflation outlook.”

Pennsylvania regulators can now impose civil penalties of up to $25,000 on unlicensed commercial driver training schools under a new state law.

The move under discussion would generally halve U.S. tariffs on imports of the two metals, which currently face a 50% rate.

Refineries processed 17.4 million barrels of crude oil on a daily basis last week, according to EIA. That surpassed any point since September 2019.

U.S. trailer orders defied seasonal expectations in July, though the resulting gain from the prior year was against lukewarm results.

The UAE acts as a major financial and business hub for Iranians, and has in recent years been the Islamic Republic’s biggest trading partner, with billions of dollars of goods imported.

Comparable sales, which measure results at locations open at least a year, grew 0.2% in the second quarter, missing the average of estimates compiled by Bloomberg. 

Consumer demand for chicken has continued to grow, making the sector a more lucrative one for U.S. meatpacking operations that have been losing money in the beef market.