A sixth person has died after a drowsy driving crash involving seven vehicles in Texas over the weekend. The crash happened on Interstate 20 on Saturday afternoon, June 28th near Terrall, Texas. Five people were pronounced dead at the crash scene. On Monday, June 30th, the Texas Department of Public Safety announced the death of ...more
A truck driver fled the scene after a man stepped in front of his semi truck during a confrontation with police in Texas on Monday evening. The incident happened on June 30th at about 9:30 p.m. in the 4000 block of TX-36 in Gatesville, Texas. According to KCENTV News, officers responded to the 4600 block of ...more
Watsontown Trucking Buys Milton Transportation
Through the acquisition, Patton expects to boost Watsontown Trucking’s regional capacity and reinforce its flexibility. (Watsontown Trucking) A unit of The Patton Logistics Group acquired Milton Transportation and Warehousing and BTR Inc. for an undisclosed sum, the company said. Watsontown Trucking closed June 27, the Milton, Pa.-based parent company said. The purchase of Milton Transportation and BTR ...more
Trump Deals Poised to Fall Short of Sweeping Trade Reforms
A Trump hat on the floor of the New York Stock Exchange. (Michael Nagle/Bloomberg) With just 10 days to go until President Donald Trump’s country-specific tariffs are set to resume, the White House appears poised to fall short of the sweeping global trade reforms it promised to achieve during the three months they were on ...more
Lower UK-US Car Tariffs Take Effect
(David Paul Morris/Bloomberg News) U.K. car manufacturers can export to the U.S. under a 10% tariff starting June 30, a reduction from the 25% rate imposed by Donald Trump on other countries, as the first elements of an economic agreement between the U.S. president and Prime Minister Keir Starmer come into effect. British aerospace companies ...more
Canada Rescinds Technology Tax on US
Mark Carney shakes hands with Donald Trump during an arrival ceremony during the Group of Seven Summit in Kananaskis, Alberta, on June 16. (Ludovic Marin/AFP/Getty Images) TORONTO — Canadian Prime Minister Mark Carney said late June 29 that trade talks with U.S. have resumed after Canada rescinded its plan to tax U.S. technology firms. U.S. ...more
Trump Says He Won’t Extend Pause on Tariffs Beyond July 9
(Fox News via X) WASHINGTON — President Donald Trump says he is not planning to extend a 90-day pause on tariffs on most nations beyond July 9, when the negotiating period he set would expire, and his administration will notify countries that the trade penalties will take effect unless there are deals with the United ...more
Home Depot to Buy GMS at $4.3 Billion Value
(Jeff Chiu/Associated Press) Home Depot Inc. has agreed to acquire specialty building products distributor GMS Inc. for $4.3 billion, its latest effort to grab more spending from professional contractors. The home improvement retailer’s subsidiary SRS Distribution Inc. will purchase the distributor of building products such as drywall, ceilings and other products. The deal values GMS ...more
Continental Targets $45M Expansion Near San Antonio
Continental's headquarters in Hanover, Germany. Continental Automotive is being spun off and renamed Aumovio in September. (Continental AG) Auto parts maker Continental Automotive is considering a $45 million expansion of its New Braunfels, Texas, manufacturing facility. New Braunfels is a city located just to the northeast of San Antonio. According to a recent filing with ...more
Continental Considering $45M Expansion Near San Antonio
Continental's headquarters in Hanover, Germany. Continental Automotive is being spun off and renamed Aumovio in September. (Continental AG) Auto parts maker Continental Automotive is considering a $45 million expansion of its New Braunfels, Texas, manufacturing facility. New Braunfels is a city located just to the northeast of San Antonio. According to a recent filing with ...more