Truck News

CEO Doug Campbell says his firm is hunting for new financing to jump-start operations. America’s Car-Mart last week reported a 52% plunge in inventory and a 27% drop in car sales.

The deal is the latest example of European snack makers looking to the U.S. for growth in packaged food.

Brent crude, the international standard, rose 2.2% to $91.22, well above the roughly $72 per barrel level it was at before the war started in late February.

Soaring demand for hybrid cars is putting them on pace to surpass annual EV sales in the state for the first time since 2020.

The plan would cut tariffs on imported aluminum to about 25% from 50% for companies that have fulfilled the new requirements and have been approved by the U.S. 

Exports from the Gulf are below the highs reached in late June but still “considerably higher” than the levels seen between early March and mid-June, IEA estimates.

The tighter access to the Panama conduit comes as other major global chokepoints have faced disruptions, roiling trade flows.

What Every Fleet Needs to Know About AMT Maintenance: Eaton’s Jason Denardo and Leah Bogle break down what fleet maintenance leaders need to know right now: why diagnostics must come before parts replacement, how the technician shortage raises the stakes on training and standardization, and what fleets can do in the next 30 days to reduce downtime, regardless of where the right-to-repair debate lands.

GM’s brighter outlook came despite a tough second quarter. The company has kept profits up by keeping inventory low and maintaining higher prices on its most profitable models.

The Houthi militant group in Yemen threatened shipping in the Red Sea as the U.S. and Iran exchanged strikes for a 10th consecutive day.