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Manufacturing output, which accounts for three-fourths of total industrial production, was unchanged after an upward revision to June. Mining and utility output both declined.
The president has repeatedly promised that levies on chips and pharmaceuticals are coming within weeks, but no formal announcements have yet been made.
Colorado and Virginia recently hiked road use fees, while Hawaii, Georgia, Rhode Island and New Jersey are lifting usage fees on EVs.
The Port of Los Angeles said it handled the highest container volume in its 117-year history last month, as uncertainty over President Donald Trump’s tariffs drives shippers to front-load cargoes.
Revenue is projected to decline by as much as 7% this year, so the manufacturer is paring back investments and pledged continued cost cuts.
Soybean futures fell as concerns over sluggish demand for U.S. supplies prompted traders to take profits after a three-day winning streak.
The smallest U.S. cattle herd in decades is taking a big toll on profit at JBS NV, driving deepening losses at its largest operation.
A scarcity of diesel technicians facing career obstacles is a widening concern for a trucking industry that depends on them, according to a new American Transportation Research Institute report.
"With prolonged weakness in freight demand and inflationary cost pressures, the rule’s 2027 implementation timeline threatens to intensify strain across our industry," ATA said.
The plan is part of what Farley called a “tremendous pivot” away from its earlier strategy of electrifying its largest models, which it largely abandoned a year ago.
Outpost launched a new gate automation platform aimed at improving yard operations and safety, the truck terminal operator announced Aug. 14.
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