A passing motorist was able to help a truck driver escape a burning truck cab after he was temporarily frozen from shock. The accident happened on Monday, June 9th in Webster County, Iowa on a rural bridge over Holiday Creek. According to KCCI, Road Foreman Dale Iles was in his car when he witnessed a semi ...more
The Texarkana Texas Police Department (TPD) arrested a truck driver late Wednesday following a crash that left a large number of people without power. At 11:30 p.m. on June 11, police responded to a crash at New Boston Road and Taylor Street in Texarkana.TPD/Power Outage Map“The truck left the road, took out a major electrical ...more
Police in Jefferson County, Tennessee have issued a warning to the trucking community after drivers were reportedly scammed at a truck stop and at a rest stop in the Dandridge area on Wednesday. According to the Jefferson County Sheriff’s Office (JCSO), on June 11, 2025, deputies responded to the Love’s Travel Center and the 419 ...more
Auto Parts Supplier Marelli Blames Tariffs for Bankruptcy
The Marelli Corp. headquarters in Saitama, Japan. (Kiyoshi Ota/Bloomberg) Marelli Holdings Co., the long-struggling auto parts supplier for Nissan Motor Co., Stellantis NV and other carmakers, filed bankruptcy in the U.S., saying its latest debt-cutting effort was prompted by tariffs. The insolvency case is backed by senior lenders, who have signed a deal designed to ...more
EU Sees US Trade Talks Extending Beyond July Deadline
The Port of Barcelona. (Angel Garcia/Bloomberg) The European Union believes trade negotiations with the U.S. could extend beyond President Donald Trump’s July 9 deadline, even as the speed of the talks has increased over the past week. The EU sees reaching an agreement on the principles of a deal by July 9 as a best-case ...more
Trump Tariffs Can Stay in Effect Longer, Appeals Court Says
President Donald Trump speaks to reporters after arriving on Air Force One on June 10 at Joint Base Andrews, Md. (Alex Brandon/AP) President Donald Trump can continue to enforce his global tariffs for now, a federal appeals court held in a win for the president on one of his signature economic policies. The order June ...more
Inflation Up Slightly in May as Grocery Prices Ticked Higher
Food costs rose in May. (Jeenah Moon/Bloomberg) WASHINGTON — U.S. inflation picked up a bit last month as food costs rose, though overall inflation remained mostly tame. Consumer prices increased 2.4% in May compared with a year ago, according to a Labor Department report released June 11. That is up from a 2.3% yearly increase ...more
GM to Invest $4B to Shift Some Production From Mexico to US
Assembly team leader Piego Connally works at the Fairfax Assembly plant in Kansas City, Kan. (General Motors) Shares of General Motors rose before the opening bell after announcing plans to invest $4 billion to shift some production from Mexico to U.S. manufacturing plants as the automaker navigates tariffs that could drive prices higher. President Donald ...more
Autonomous Truck Firm Plus to Go Public Via Churchill SPAC
Merging with an affiliate of the same investment group that took electric automaker Lucid Motors public is Plus’ second attempt to go public. (Plus) Self-driving truck developer Plus is set to go public after inking a merger with Nasdaq-listed special purpose acquisition company Churchill Capital Corp IX. Merging with an affiliate of the same investment ...more
Musk Moves Tesla’s Robotaxi Launch ‘Tentatively’ to June 22
A Tesla Cybercab prototype at a Tesla store in San Jose, Calif. (David Paul Morris/Bloomberg News) AUSTIN, Texas — Elon Musk says Tesla is “tentatively” set to begin providing robotaxi service in Austin, Texas, on June 22. In a post on his X social media platform, Musk said the date could change because Tesla is ...more