9 days ago
Jake Garcia experienced a disappointing ending to Friday's Love's RV Stop 225 at Talladega Superspeedway, finishing 26th after being involved in a major accident during the final stage. The ThorSport Racing driver started 11th and led three laps before his afternoon ended prematurely.
Garcia initially showed competitive speed, remaining among the leading trucks as drivers battled through multiple drafting lanes. His No. 98 Ford eventually moved into the lead for three laps, providing an opportunity to establish himself among the contenders.
However, maintaining track position proved difficult as competitors changed drafting lanes and employed different pit strategies. Garcia remained in competition through the opening stages but encountered serious trouble on Lap 57.
An accident sent his Ford hard into the outside wall, triggering a caution and collecting multiple competitors, including Chandler Smith and Conner Jones. The damage prevented Garcia from continuing, ending his afternoon after 56 completed laps. He ultimately finished 26th and earned 11 points.
Garcia remains 11th in the overall NASCAR Craftsman Truck Series standings with 559 points, the highest-ranked driver who missed the championship Chase. With Martinsville and Homestead-Miami remaining, Garcia will attempt to preserve that position and finish his season strongly.
#garcia #ford #ending #driver
Garcia initially showed competitive speed, remaining among the leading trucks as drivers battled through multiple drafting lanes. His No. 98 Ford eventually moved into the lead for three laps, providing an opportunity to establish himself among the contenders.
However, maintaining track position proved difficult as competitors changed drafting lanes and employed different pit strategies. Garcia remained in competition through the opening stages but encountered serious trouble on Lap 57.
An accident sent his Ford hard into the outside wall, triggering a caution and collecting multiple competitors, including Chandler Smith and Conner Jones. The damage prevented Garcia from continuing, ending his afternoon after 56 completed laps. He ultimately finished 26th and earned 11 points.
Garcia remains 11th in the overall NASCAR Craftsman Truck Series standings with 559 points, the highest-ranked driver who missed the championship Chase. With Martinsville and Homestead-Miami remaining, Garcia will attempt to preserve that position and finish his season strongly.
#garcia #ford #ending #driver
9 days ago
Josh Reaume endured a challenging afternoon in Friday's Love's RV Stop 225 at Talladega Superspeedway, finishing 22nd after starting 33rd. The Team Reaume driver gained 11 positions during the event and briefly led one lap in his No. 22 Ford.
Reaume began the race near the rear of the field, facing the challenge of advancing through a competitive 36-truck lineup. However, the unpredictable drafting conditions provided several opportunities for competitors to gain positions as the running order constantly changed.
The first major accident occurred on Lap 17, collecting eight trucks and forcing NASCAR to temporarily stop the race. Reaume avoided elimination in that incident and continued battling for track position as the event progressed. His Ford also remained competitive during the second stage, when multiple drivers experienced tire problems and varying pit strategies reshuffled the field.
Reaume eventually moved into the lead for one lap, providing a notable moment during his afternoon. The final stage featured additional accidents and an overtime finish, but Reaume could not remain on the lead lap. He ultimately completed 82 laps and finished 22nd, four laps behind winner Sammy Smith.
The performance earned Reaume 15 points and represented an improvement of 11 positions from his original starting spot.
#Event #field
Reaume began the race near the rear of the field, facing the challenge of advancing through a competitive 36-truck lineup. However, the unpredictable drafting conditions provided several opportunities for competitors to gain positions as the running order constantly changed.
The first major accident occurred on Lap 17, collecting eight trucks and forcing NASCAR to temporarily stop the race. Reaume avoided elimination in that incident and continued battling for track position as the event progressed. His Ford also remained competitive during the second stage, when multiple drivers experienced tire problems and varying pit strategies reshuffled the field.
Reaume eventually moved into the lead for one lap, providing a notable moment during his afternoon. The final stage featured additional accidents and an overtime finish, but Reaume could not remain on the lead lap. He ultimately completed 82 laps and finished 22nd, four laps behind winner Sammy Smith.
The performance earned Reaume 15 points and represented an improvement of 11 positions from his original starting spot.
#Event #field
9 days ago
Clay Greenfield delivered a solid performance in Friday's Love's RV Stop 225 at Talladega Superspeedway, finishing 15th in his No. 95 Chevrolet. The GK Racing driver qualified 21st and gained six positions during an event featuring multiple major accidents and an overtime finish.
Greenfield entered the race hoping to capitalize on the unpredictable nature of superspeedway racing. The opening stage featured intense drafting competition, with several drivers exchanging positions while attempting to maintain momentum. Greenfield remained competitive through the first segment and avoided the eight-truck accident that occurred on Lap 17.
The incident eliminated numerous drivers and temporarily interrupted the race, but Greenfield continued battling for track position. His Chevrolet remained in competition throughout the second stage as several other trucks encountered tire problems and mechanical issues.
The final stage featured another major accident on Lap 57, followed by a late caution that forced the event into overtime. Greenfield avoided the race-ending damage that affected several competitors and maintained his position on the lead lap. He ultimately finished 15th, completing all 86 laps and earning 22 points.
The performance represented a positive afternoon for Greenfield, who gained six positions from his qualifying effort and completed the entire race against a competitive Truck Series field.
#greenfield #positions #several #chevrolet
Greenfield entered the race hoping to capitalize on the unpredictable nature of superspeedway racing. The opening stage featured intense drafting competition, with several drivers exchanging positions while attempting to maintain momentum. Greenfield remained competitive through the first segment and avoided the eight-truck accident that occurred on Lap 17.
The incident eliminated numerous drivers and temporarily interrupted the race, but Greenfield continued battling for track position. His Chevrolet remained in competition throughout the second stage as several other trucks encountered tire problems and mechanical issues.
The final stage featured another major accident on Lap 57, followed by a late caution that forced the event into overtime. Greenfield avoided the race-ending damage that affected several competitors and maintained his position on the lead lap. He ultimately finished 15th, completing all 86 laps and earning 22 points.
The performance represented a positive afternoon for Greenfield, who gained six positions from his qualifying effort and completed the entire race against a competitive Truck Series field.
#greenfield #positions #several #chevrolet
9 days ago
Frankie Muniz delivered an encouraging performance during Friday's Love's RV Stop 225 at Talladega Superspeedway, finishing 12th after starting 31st. The Team Reaume driver gained 19 positions during an afternoon filled with major accidents and unpredictable drafting conditions.
Muniz began the race near the rear of the field, facing the challenge of working through a competitive 36-truck lineup. His No. 33 Ford remained in competition during the opening stage while several drivers encountered significant problems. The first major accident occurred on Lap 17, eliminating multiple competitors and dramatically reshaping the running order.
Muniz avoided involvement in the incident and continued improving his position as the race progressed. Another accident on Lap 57 eliminated additional trucks, creating opportunities for drivers who had remained out of trouble. Muniz continued competing through the final stage and stayed on the lead lap as the field prepared for an overtime finish.
He ultimately crossed the finish line 12th, completing all 86 laps and finishing 10.163 seconds behind winner Sammy Smith. The result earned Muniz 25 points and represented an important performance during his 2026 Truck Series campaign.
His ability to advance through the field and complete the demanding superspeedway event provided a positive result for Team Reaume.
#muniz #field
Muniz began the race near the rear of the field, facing the challenge of working through a competitive 36-truck lineup. His No. 33 Ford remained in competition during the opening stage while several drivers encountered significant problems. The first major accident occurred on Lap 17, eliminating multiple competitors and dramatically reshaping the running order.
Muniz avoided involvement in the incident and continued improving his position as the race progressed. Another accident on Lap 57 eliminated additional trucks, creating opportunities for drivers who had remained out of trouble. Muniz continued competing through the final stage and stayed on the lead lap as the field prepared for an overtime finish.
He ultimately crossed the finish line 12th, completing all 86 laps and finishing 10.163 seconds behind winner Sammy Smith. The result earned Muniz 25 points and represented an important performance during his 2026 Truck Series campaign.
His ability to advance through the field and complete the demanding superspeedway event provided a positive result for Team Reaume.
#muniz #field
9 days ago
Brenden Queen delivered an impressive seventh-place finish in Friday's Love's RV Stop 225 at Talladega Superspeedway, recording the highest finish among the race's rookie competitors. The Kaulig Racing driver started 36th and gained 29 positions during an event filled with major accidents and unpredictable drafting conditions.
Queen began the afternoon at the rear of the field but steadily worked forward as the race progressed. His No. 12 Ram demonstrated competitive speed during the middle stages, allowing him to challenge established Truck Series contenders. Queen secured the final stage point in Stage 2 by finishing 10th, providing an early boost to his afternoon.
He remained competitive during the final stage, briefly battling among the leading trucks as Tanner Gray and others exchanged positions. Queen avoided the severe damage that eliminated multiple competitors and maintained a strong position heading into overtime. He ultimately finished seventh, just 0.277 seconds behind winner Sammy Smith.
The result earned Queen 31 points and represented an important performance during his rookie campaign. Queen remains 15th in the overall NASCAR Craftsman Truck Series standings with 472 points, sitting just three behind Justin Haley.
Although he missed the championship Chase, Queen will attempt to continue improving his position at Martinsville and Homestead-Miami.
#truck #seventh #finish #afternoon
Queen began the afternoon at the rear of the field but steadily worked forward as the race progressed. His No. 12 Ram demonstrated competitive speed during the middle stages, allowing him to challenge established Truck Series contenders. Queen secured the final stage point in Stage 2 by finishing 10th, providing an early boost to his afternoon.
He remained competitive during the final stage, briefly battling among the leading trucks as Tanner Gray and others exchanged positions. Queen avoided the severe damage that eliminated multiple competitors and maintained a strong position heading into overtime. He ultimately finished seventh, just 0.277 seconds behind winner Sammy Smith.
The result earned Queen 31 points and represented an important performance during his rookie campaign. Queen remains 15th in the overall NASCAR Craftsman Truck Series standings with 472 points, sitting just three behind Justin Haley.
Although he missed the championship Chase, Queen will attempt to continue improving his position at Martinsville and Homestead-Miami.
#truck #seventh #finish #afternoon
9 days ago
Tyler Ankrum nearly captured his first NASCAR Craftsman Truck Series victory of the 2026 season during Friday's Love's RV Stop 225 at Talladega Superspeedway. The McAnally-Hilgemann Racing driver started seventh and finished second after an intense four-wide battle approaching the checkered flag.
Ankrum remained competitive throughout the afternoon, navigating the shifting drafting lanes while several championship contenders experienced significant problems. His No. 18 Chevrolet stayed among the leading group during the final stage, giving him an opportunity to challenge for the victory when the race entered overtime.
Ankrum restarted among the front-running trucks and maintained enough momentum to reach the finish line alongside Austin Green, Ty Majeski and Kaden Honeycutt. Although Sammy Smith secured the victory by 0.091 seconds, Ankrum narrowly defeated Green for second place by just 0.002 seconds.
The runner-up finish marked Ankrum's seventh top-10 result of the season and fourth career top-10 finish at Talladega. He also earned 35 points, providing an important boost to his championship total. Ankrum remains ninth in the NASCAR Craftsman Truck Series Chase standings with 2,157 points, trailing championship leader Honeycutt by 214 markers.
Although his championship chances have ended, Ankrum will look to build on his strong Talladega performance at Martinsville and Homestead-Miami.
#ankrum #championship #victory #craftsman
Ankrum remained competitive throughout the afternoon, navigating the shifting drafting lanes while several championship contenders experienced significant problems. His No. 18 Chevrolet stayed among the leading group during the final stage, giving him an opportunity to challenge for the victory when the race entered overtime.
Ankrum restarted among the front-running trucks and maintained enough momentum to reach the finish line alongside Austin Green, Ty Majeski and Kaden Honeycutt. Although Sammy Smith secured the victory by 0.091 seconds, Ankrum narrowly defeated Green for second place by just 0.002 seconds.
The runner-up finish marked Ankrum's seventh top-10 result of the season and fourth career top-10 finish at Talladega. He also earned 35 points, providing an important boost to his championship total. Ankrum remains ninth in the NASCAR Craftsman Truck Series Chase standings with 2,157 points, trailing championship leader Honeycutt by 214 markers.
Although his championship chances have ended, Ankrum will look to build on his strong Talladega performance at Martinsville and Homestead-Miami.
#ankrum #championship #victory #craftsman
2 months ago
Nearly 600 people have died in crashes since 2024 with trucks operated by companies that had never been subjected to a roadside safety inspection.
By John Kelly and Steve Reilly
Published September 17, 2026
A truck operated by Next Level Express Inc. slammed into an SUV parked on the shoulder of the New Jersey Turnpike last December, killing two parents and their daughter on the way home from a family gathering. A second daughter survived.
In the decade before the crash, none of the company's trucks or drivers had been subjected to a single roadside inspection.
It's a pattern repeating hundreds of times a year.
#john
By John Kelly and Steve Reilly
Published September 17, 2026
A truck operated by Next Level Express Inc. slammed into an SUV parked on the shoulder of the New Jersey Turnpike last December, killing two parents and their daughter on the way home from a family gathering. A second daughter survived.
In the decade before the crash, none of the company's trucks or drivers had been subjected to a single roadside inspection.
It's a pattern repeating hundreds of times a year.
#john
2 months ago
MiKargo247 is expanding its spot cargo insurance coverage to include strategic cargo theft under a new partnership with Verified Carrier.
The coverage is designed to address a growing category of freight fraud involving double brokering, carrier identity theft and fictitious pickups. Under the partnership, brokers using Verified Carrier can purchase MiKargo247 spot cargo insurance and have the strategic theft exclusion removed when the load is hauled by an eligible verified carrier. The companies announced the partnership Sept. 1.
Strategic cargo theft accounted for about 30% of reported U.S. cargo theft incidents in 2025, according to a June report from Munich Re Specialty and BSI Consulting. The report found that criminals are increasingly using deception, impersonation and other fraud-based methods to obtain freight rather than relying solely on physically stealing cargo from trucks or facilities.
The shift creates a challenge for brokers and insurers because fraudulent actors can make it difficult to determine who is actually hauling a load.
The FBI warned in April that cyber-enabled strategic cargo theft is increasing, with criminals using compromised accounts, fictitious companies and double-brokering schemes to divert legitimate freight. The agency recommended that transportation companies independently verify shipment requests and pickups before releasing loads.
#carrier #partnership #Companies
The coverage is designed to address a growing category of freight fraud involving double brokering, carrier identity theft and fictitious pickups. Under the partnership, brokers using Verified Carrier can purchase MiKargo247 spot cargo insurance and have the strategic theft exclusion removed when the load is hauled by an eligible verified carrier. The companies announced the partnership Sept. 1.
Strategic cargo theft accounted for about 30% of reported U.S. cargo theft incidents in 2025, according to a June report from Munich Re Specialty and BSI Consulting. The report found that criminals are increasingly using deception, impersonation and other fraud-based methods to obtain freight rather than relying solely on physically stealing cargo from trucks or facilities.
The shift creates a challenge for brokers and insurers because fraudulent actors can make it difficult to determine who is actually hauling a load.
The FBI warned in April that cyber-enabled strategic cargo theft is increasing, with criminals using compromised accounts, fictitious companies and double-brokering schemes to divert legitimate freight. The agency recommended that transportation companies independently verify shipment requests and pickups before releasing loads.
#carrier #partnership #Companies
2 months ago
New vehicle sales in Indonesia surged by a further 32% year-on-year to 81,756 units in August 2026, up from weak year-earlier sales of 61,771 units, according to wholesale data compiled by the local automotive industry ***** ociation, Gaikindo. The market last month was driven higher by strong demand for trucks and battery electric vehicles (BEVs).
In the first eight months of 2026, the country's vehicle market expanded by 20% to 599,491 units, after declining by 11% to 499,315 units a year earlier, with sales of light passenger vehicles rising by over 13% to 437,374 units, while commercial vehicle sales increased by 42% to 162,117 units, driven by a 54% surge in light- and medium-duty trucks to 131,813 units.
The truck market this year has been supported by government plans to procure vehicles to support the development of rural cooperatives and improve local logistics networks nationwide.
Sales of BEVs almost doubled to 103,300 units year-to-date, up from 53,100 units in the same period a year earlier, driven by Chinese brands and supported by government tax incentives.
GDP growth moderated to 5.3% year-on-year in the second quarter of 2026, down from a peak of 5.6% in the first quarter, underpinned mainly by strong government spending and investment. Private consumption growth slowed to 5.1% from 5.5%, after the central bank hiked its benchmark interest rate by 100 basis points to 5.75% in the second quarter to support the rupiah and rein in rising inflation. Government spending grew by 16%, down from a peak of 22%, driven by social programmes and rising fuel subsidy costs.
#year
In the first eight months of 2026, the country's vehicle market expanded by 20% to 599,491 units, after declining by 11% to 499,315 units a year earlier, with sales of light passenger vehicles rising by over 13% to 437,374 units, while commercial vehicle sales increased by 42% to 162,117 units, driven by a 54% surge in light- and medium-duty trucks to 131,813 units.
The truck market this year has been supported by government plans to procure vehicles to support the development of rural cooperatives and improve local logistics networks nationwide.
Sales of BEVs almost doubled to 103,300 units year-to-date, up from 53,100 units in the same period a year earlier, driven by Chinese brands and supported by government tax incentives.
GDP growth moderated to 5.3% year-on-year in the second quarter of 2026, down from a peak of 5.6% in the first quarter, underpinned mainly by strong government spending and investment. Private consumption growth slowed to 5.1% from 5.5%, after the central bank hiked its benchmark interest rate by 100 basis points to 5.75% in the second quarter to support the rupiah and rein in rising inflation. Government spending grew by 16%, down from a peak of 22%, driven by social programmes and rising fuel subsidy costs.
#year
2 months ago
Sept 13 (Reuters) - The head of Russia's state nuclear energy corporation accused Ukraine on Sunday of attacking diesel fuel trucks, killing two Russian servicemen and deliberately jeopardising safety at the Russian-held Zaporizhzhia nuclear power plant in Ukraine.
Alexei Likhachev said the attack took place on Friday and also resulted in injuries to other Russian soldiers.
The Zaporizhzhia plant, Europe's largest with six reactors, was seized by Russian forces in the early weeks of the Ukraine war that broke out in February 2022. Each side has regularly accused the other of actions that endanger safety at the plant and increase the risk of a nuclear accident.
Likhachev issued a statement saying Ukrainian forces had launched "a series of combined strikes" on Friday on fuel trucks which deliver diesel to the station.
"The strikes hit very close to the perimeter of the station's site," he said.
#russian #nuclear #Friday
Alexei Likhachev said the attack took place on Friday and also resulted in injuries to other Russian soldiers.
The Zaporizhzhia plant, Europe's largest with six reactors, was seized by Russian forces in the early weeks of the Ukraine war that broke out in February 2022. Each side has regularly accused the other of actions that endanger safety at the plant and increase the risk of a nuclear accident.
Likhachev issued a statement saying Ukrainian forces had launched "a series of combined strikes" on Friday on fuel trucks which deliver diesel to the station.
"The strikes hit very close to the perimeter of the station's site," he said.
#russian #nuclear #Friday
2 months ago
Three and a half years of freight recession did two things to the truck financing market at once. It shredded the credit profiles of the carriers who most needed to borrow. It also pushed a large share of the lenders who would have lent to them out of the sector. Both are now rationing the equipment replacement cycle the industry has spent two years waiting on.
Kirk Mann stayed in. As executive vice president and general manager of the transportation vendor solutions business at Mitsubishi HC Capital America, he financed trucks through the entire downturn and watched a great many of them come back.
"There are a lot of lenders, banks that left, and so we've had the benefit of being one of the lenders actually lending money in this ****** e," Mann said in an interview with FreightWaves. What competition remains is mostly OEM captive finance arms, a couple of large independents and a few bank-led groups, he said.
The carriers that did not survive were overwhelmingly the newest. On average, 85% of motor carriers with fewer than two years of operating experience and their own operating authority failed over a three-year stretch of the downturn, Mann said.
Back in January 2023, Mann sat in Mitsubishi HC Capital's Chicago offices with Wayne Pass, the company's chief credit officer for vendor solutions, since retired. He asked what a Freightliner Cascadia 13-speed with a tall sleeper and fewer than 500,000 miles was worth. Both men wrote down $45,000. Mann then asked what the company was financing those trucks at. About $110,000.
#mitsubishi #back #financing #large
Kirk Mann stayed in. As executive vice president and general manager of the transportation vendor solutions business at Mitsubishi HC Capital America, he financed trucks through the entire downturn and watched a great many of them come back.
"There are a lot of lenders, banks that left, and so we've had the benefit of being one of the lenders actually lending money in this ****** e," Mann said in an interview with FreightWaves. What competition remains is mostly OEM captive finance arms, a couple of large independents and a few bank-led groups, he said.
The carriers that did not survive were overwhelmingly the newest. On average, 85% of motor carriers with fewer than two years of operating experience and their own operating authority failed over a three-year stretch of the downturn, Mann said.
Back in January 2023, Mann sat in Mitsubishi HC Capital's Chicago offices with Wayne Pass, the company's chief credit officer for vendor solutions, since retired. He asked what a Freightliner Cascadia 13-speed with a tall sleeper and fewer than 500,000 miles was worth. Both men wrote down $45,000. Mann then asked what the company was financing those trucks at. About $110,000.
#mitsubishi #back #financing #large
2 months ago
Ex-OL mocks viral Sonny Styles video after Commanders LB trucks Saquon Barkley for sack appeared first on ClutchPoints. Add ClutchPoints as a Preferred Source by clicking here.
The Washington Commanders were inconsistent on offense during Sunday's 24-22 loss to the Philadelphia Eagles, just as many anticipated, but fans got to see one player exceed the expectations that a large portion of the public had set for him. After getting roasted for a perceived lack of strength during preseason play, which was captured via video, rookie linebacker Sonny Styles displayed eye-catching power in Philly.
The former Ohio State star bowled over 2024 Offensive Player of the Year Saquon Barkley before sacking Super Bowl 59 MVP Jalen Hurts. Retired offensive lineman Geoff Schwartz was quick to taunt the doubters following the thunderous play.
"So maybe that preseason week 1 'film review' mocking Styles wasn't indicative of how he might play in the regular season," the NFL ******* yst and podcast host quipped.
Watch sports LIVE with fuboTV (free trial)
#Commanders
The Washington Commanders were inconsistent on offense during Sunday's 24-22 loss to the Philadelphia Eagles, just as many anticipated, but fans got to see one player exceed the expectations that a large portion of the public had set for him. After getting roasted for a perceived lack of strength during preseason play, which was captured via video, rookie linebacker Sonny Styles displayed eye-catching power in Philly.
The former Ohio State star bowled over 2024 Offensive Player of the Year Saquon Barkley before sacking Super Bowl 59 MVP Jalen Hurts. Retired offensive lineman Geoff Schwartz was quick to taunt the doubters following the thunderous play.
"So maybe that preseason week 1 'film review' mocking Styles wasn't indicative of how he might play in the regular season," the NFL ******* yst and podcast host quipped.
Watch sports LIVE with fuboTV (free trial)
#Commanders
2 months ago
Former Bengals offensive coordinator Jay Gruden picked Cincinnati to beat Tampa Bay in Week 1, prompting brother Jon Gruden to accuse him of bias.
During a segment posted by Jon Gruden on X, the brothers went back and forth over Sunday's matchup.
Jon highlighted several of Tampa Bay's young defenders, including Josiah Trotter, Keionte Scott and Rueben Bain Jr., before Jay identified a weakness he believes Cincinnati can exploit.
"You got no corners. I'm taking the Bengals," Jay said.
It's Week 1 and we already have a little bias from my brother... give me Tampa to beat the Bengals!!
Presented by chevytrucks #Ad #Chevy #Silverado pic.twitter.com/MVsRsspHC3
#bengals #gruden #tampa
During a segment posted by Jon Gruden on X, the brothers went back and forth over Sunday's matchup.
Jon highlighted several of Tampa Bay's young defenders, including Josiah Trotter, Keionte Scott and Rueben Bain Jr., before Jay identified a weakness he believes Cincinnati can exploit.
"You got no corners. I'm taking the Bengals," Jay said.
It's Week 1 and we already have a little bias from my brother... give me Tampa to beat the Bengals!!
Presented by chevytrucks #Ad #Chevy #Silverado pic.twitter.com/MVsRsspHC3
#bengals #gruden #tampa
2 months ago
President Donald Trump is making his mark on the U.S. economy. The Trump administration's tariff policies (including a trade war with Canada) and the war with Iran have driven up energy prices and contributed to accelerating inflation. This "Trumpflation" is driving up costs across the economy.
Research from the non-profit ****** ytics group Tax Foundation indicates that Trump-backed tariffs increased costs by about $1,000 per U.S. household in 2025 and $840 per household so far in 2026. Tariffs are import taxes levied on goods imported from other countries. Those costs are ultimately borne by U.S. businesses or are often passed on to American consumers.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Trump's war with Iran has caused major disruptions to global shipments of oil and natural gas from the strategically vital Strait of Hormuz. That has caused energy prices to go up in 2026. U.S. gasoline prices are back on the rise (but remain down somewhat from their March 2026 high), and diesel prices reached an all-time high national average of $5.897 per gallon as of Sept. 6, according to AAA research. Higher diesel costs are likely to lead to higher inflation for groceries and many consumer products on store shelves that rely on diesel-fueled trucks for distribution to retailers.
Trump seems unlikely to give up on his tariff policies anytime soon, and the Iran conflict might not truly "end" in 2026 or 2027. With an uncertain future of possibly higher inflation and higher energy prices, how should you invest?
#prices #higher #costs #NVIDIA
Research from the non-profit ****** ytics group Tax Foundation indicates that Trump-backed tariffs increased costs by about $1,000 per U.S. household in 2025 and $840 per household so far in 2026. Tariffs are import taxes levied on goods imported from other countries. Those costs are ultimately borne by U.S. businesses or are often passed on to American consumers.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Trump's war with Iran has caused major disruptions to global shipments of oil and natural gas from the strategically vital Strait of Hormuz. That has caused energy prices to go up in 2026. U.S. gasoline prices are back on the rise (but remain down somewhat from their March 2026 high), and diesel prices reached an all-time high national average of $5.897 per gallon as of Sept. 6, according to AAA research. Higher diesel costs are likely to lead to higher inflation for groceries and many consumer products on store shelves that rely on diesel-fueled trucks for distribution to retailers.
Trump seems unlikely to give up on his tariff policies anytime soon, and the Iran conflict might not truly "end" in 2026 or 2027. With an uncertain future of possibly higher inflation and higher energy prices, how should you invest?
#prices #higher #costs #NVIDIA
2 months ago
Ford Motor Company (F) is giving investors a fresh reason to revisit its electric vehicle (EV) strategy as the automaker prepares to launch the Fathom, an affordable electric pickup aimed squarely at the mass market. Ford reportedly wants to sell more than 100,000 Fathom trucks in its first year, a target that would put the model in rare company. That'd make it the first non-Tesla (TSLA) EV to cross the 100,000-unit mark for a single U.S. model in one year.
The Fathom is expected to start at $30,000, with customer orders opening in early 2027 and production beginning in the first quarter at Ford's Louisville, Kentucky, plant. Moreover, Ford is building the truck around a new Universal EV platform and a redesigned manufacturing process intended to dramatically lower costs. CEO Jim Farley has described the effort as a potential "Model T moment" for the company.
Dear Nvidia Stock Fans, Mark Your Calendars for September 10
Rocket Lab Keeps Landing Defense Deals. Here's Why **** ysts Aren't Getting More Bullish.
Why Stifel Just Revamped Its Price Target for Microsoft Stock
#model #first #target #year
The Fathom is expected to start at $30,000, with customer orders opening in early 2027 and production beginning in the first quarter at Ford's Louisville, Kentucky, plant. Moreover, Ford is building the truck around a new Universal EV platform and a redesigned manufacturing process intended to dramatically lower costs. CEO Jim Farley has described the effort as a potential "Model T moment" for the company.
Dear Nvidia Stock Fans, Mark Your Calendars for September 10
Rocket Lab Keeps Landing Defense Deals. Here's Why **** ysts Aren't Getting More Bullish.
Why Stifel Just Revamped Its Price Target for Microsoft Stock
#model #first #target #year
2 months ago
By Enas Alashray, Nayera Abdallah and Jana Choukeir
CAIRO/DUBAI, Sept 8 (Reuters) - Yemen's Tehran-backed Houthis attacked four cities in the south of U.S. ally Saudi Arabia on Tuesday, wounding more than 70 people and setting oil installations ablaze in what appeared to be a major expansion of the six-month-old Middle East war.
The Houthis, who control most of Yemen's populated areas including the capital, said they had launched a broad operation deep into Saudi territory. They used drones and missiles to strike a Saudi airbase in the southern city of Khamis Mushair, and targets belonging to Saudi Arabia's state oil company in nearby Abha, Najran on the Yemeni border and Jazan, a major Red Sea port.
Saudi authorities described blazes at the sites and said women and children were among the 73 people hurt. The reports of such large numbers of wounded suggested the attacks were among the biggest carried out against Saudi Arabia since the United States and Israel launched their war against Iran in February.
Confirmed images of the aftermath of the attacks in the Saudi cities were not immediately available. The Houthis released pictures of an explosion of what they said were trucks from Saudi Arabia they had struck at the border in another area.
#saudi #major #enas
CAIRO/DUBAI, Sept 8 (Reuters) - Yemen's Tehran-backed Houthis attacked four cities in the south of U.S. ally Saudi Arabia on Tuesday, wounding more than 70 people and setting oil installations ablaze in what appeared to be a major expansion of the six-month-old Middle East war.
The Houthis, who control most of Yemen's populated areas including the capital, said they had launched a broad operation deep into Saudi territory. They used drones and missiles to strike a Saudi airbase in the southern city of Khamis Mushair, and targets belonging to Saudi Arabia's state oil company in nearby Abha, Najran on the Yemeni border and Jazan, a major Red Sea port.
Saudi authorities described blazes at the sites and said women and children were among the 73 people hurt. The reports of such large numbers of wounded suggested the attacks were among the biggest carried out against Saudi Arabia since the United States and Israel launched their war against Iran in February.
Confirmed images of the aftermath of the attacks in the Saudi cities were not immediately available. The Houthis released pictures of an explosion of what they said were trucks from Saudi Arabia they had struck at the border in another area.
#saudi #major #enas
2 months ago
General Motors Company (NYSE:GM) reached a tentative three-year labor deal with Unifor that Canadian workers ratified on August 29 and 30, securing more than C$1 billion ($791 million) in new and previously announced investment across Ontario, covering over 4,600 workers.
GM will spend C$144 million to bring next-generation Heavy-Duty GMC Sierra production to Oshawa, adding to a previously committed C$343 million there. At St. Catharines, GM will invest C$215 million in a new transmission program starting late 2029, on top of a previously announced C$691 million for V8 engine production. GM also pledged not to immediately sell or close its CAMI plant in Ingersoll while it studies alternatives, including possible defense work if it lands a Canadian Armed Forces contract. The deal lands as Canada's auto sector faces 25% U.S. tariffs, with Trump threatening to double that to 50% on January 1, 2027, and U.S. and Canada trade talks still stalled.
General Motors Company (NYSE:GM) enters this deal from a position of financial strength. GM beat second-quarter expectations with adjusted earnings per share of $3.57 versus the $3.18 estimate and revenue of $48 billion versus the $46.99 billion forecast. The company also raised its full-year guidance for the second time this year, while adjusted automotive free cash flow reached $5 billion, up $2.2 billion year over year. That cash generation gives GM room to fund its Canadian commitments without putting significant pressure on its balance sheet.
The tariff environment has also become more favorable for GM. After the Supreme Court invalidated tariffs imposed under emergency powers, GM lowered its full-year gross tariff-cost estimate to $2.5 billion-$3.5 billion from $3 billion-$4 billion. Protecting Canadian production now could reduce the risk of costly disruptions as GM adjusts its North American manufacturing footprint and responds to changing trade policies.
The agreement also protects GM's pickup and SUV business, which generates some of the company's highest margins. CEO Mary Barra said North American demand remains strong for these vehicles, while the return of Heavy-Duty Sierra production to Oshawa will give GM additional North American capacity for a key product line. Producing more trucks within the region could also help GM reduce its exposure to cross-border tariff costs.
#million
GM will spend C$144 million to bring next-generation Heavy-Duty GMC Sierra production to Oshawa, adding to a previously committed C$343 million there. At St. Catharines, GM will invest C$215 million in a new transmission program starting late 2029, on top of a previously announced C$691 million for V8 engine production. GM also pledged not to immediately sell or close its CAMI plant in Ingersoll while it studies alternatives, including possible defense work if it lands a Canadian Armed Forces contract. The deal lands as Canada's auto sector faces 25% U.S. tariffs, with Trump threatening to double that to 50% on January 1, 2027, and U.S. and Canada trade talks still stalled.
General Motors Company (NYSE:GM) enters this deal from a position of financial strength. GM beat second-quarter expectations with adjusted earnings per share of $3.57 versus the $3.18 estimate and revenue of $48 billion versus the $46.99 billion forecast. The company also raised its full-year guidance for the second time this year, while adjusted automotive free cash flow reached $5 billion, up $2.2 billion year over year. That cash generation gives GM room to fund its Canadian commitments without putting significant pressure on its balance sheet.
The tariff environment has also become more favorable for GM. After the Supreme Court invalidated tariffs imposed under emergency powers, GM lowered its full-year gross tariff-cost estimate to $2.5 billion-$3.5 billion from $3 billion-$4 billion. Protecting Canadian production now could reduce the risk of costly disruptions as GM adjusts its North American manufacturing footprint and responds to changing trade policies.
The agreement also protects GM's pickup and SUV business, which generates some of the company's highest margins. CEO Mary Barra said North American demand remains strong for these vehicles, while the return of Heavy-Duty Sierra production to Oshawa will give GM additional North American capacity for a key product line. Producing more trucks within the region could also help GM reduce its exposure to cross-border tariff costs.
#million
2 months ago
Losing a CDL medical card ends a driving career but does not automatically qualify a truck driver for Social Security Disability Insurance.
At 61, SSA rules treat trucking skills as non-transferable to other work, making disability approval significantly more achievable than at younger ages.
Starting reduced retirement benefits at 62 during a pending SSDI claim provides income but slightly reduces the final disability benefit amount.
Many financial professionals are salespeople paid on what they push, not whether you end up wealthier. A fiduciary is the opposite. The SEC legally requires them to put your interests first. Advisor.com's free matching tool pairs you with vetted fiduciaries from major national firms, all in under three minutes. See who you match with today.
He walks into a clinic for the physical he has passed for decades and walks out without the medical certificate that keeps him behind the wheel. At 61, after more than 30 years driving trucks, the paycheck can stop almost overnight. His first instinct is understandable: if a medical condition means he can no longer do the only job he has known, Social Security Disability Insurance (SSDI) should follow.
#walks
At 61, SSA rules treat trucking skills as non-transferable to other work, making disability approval significantly more achievable than at younger ages.
Starting reduced retirement benefits at 62 during a pending SSDI claim provides income but slightly reduces the final disability benefit amount.
Many financial professionals are salespeople paid on what they push, not whether you end up wealthier. A fiduciary is the opposite. The SEC legally requires them to put your interests first. Advisor.com's free matching tool pairs you with vetted fiduciaries from major national firms, all in under three minutes. See who you match with today.
He walks into a clinic for the physical he has passed for decades and walks out without the medical certificate that keeps him behind the wheel. At 61, after more than 30 years driving trucks, the paycheck can stop almost overnight. His first instinct is understandable: if a medical condition means he can no longer do the only job he has known, Social Security Disability Insurance (SSDI) should follow.
#walks
2 months ago
By Andrew Osborn
MOSCOW, Sept 7 (Reuters) - North Korea and Russia opened their first road bridge on Monday in a carefully choreographed display of friendship, a structure which spans the Tumen river and which both sides cast as an important milestone in their deepening strategic partnership.
The first flag-adorned trucks trundled across the 1 km (0.6 mile) long two-lane bridge as Russian Prime Minister Mikhail Mishustin and North Korea's Premier Pak Thae Song tuned in by video link to address workers and government officials from both countries.
Construction of the new bridge, which had been under discussion for years, began in April last year after the project was agreed during a visit by President Vladimir Putin to North Korea in 2024. There are already direct air and rail links between Moscow and Pyongyang, but until Monday there had not been a proper road link. Instead, since 1959 and by special arrangement, planks had been placed on the nearby rail bridge - for decades the sole border crossing point - in order to move vehicles across the border between the two countries.
"I am convinced that the expansion of cross-border transport infrastructure will provide a powerful impetus for the further development of trade, economic, scientific, technological and cultural cooperation," said Mishustin, who said ties between Moscow and Pyongyang were "at an unprecedented high level" and called the opening of the bridge "a genuinely historic event."
#bridge #moscow #korea
MOSCOW, Sept 7 (Reuters) - North Korea and Russia opened their first road bridge on Monday in a carefully choreographed display of friendship, a structure which spans the Tumen river and which both sides cast as an important milestone in their deepening strategic partnership.
The first flag-adorned trucks trundled across the 1 km (0.6 mile) long two-lane bridge as Russian Prime Minister Mikhail Mishustin and North Korea's Premier Pak Thae Song tuned in by video link to address workers and government officials from both countries.
Construction of the new bridge, which had been under discussion for years, began in April last year after the project was agreed during a visit by President Vladimir Putin to North Korea in 2024. There are already direct air and rail links between Moscow and Pyongyang, but until Monday there had not been a proper road link. Instead, since 1959 and by special arrangement, planks had been placed on the nearby rail bridge - for decades the sole border crossing point - in order to move vehicles across the border between the two countries.
"I am convinced that the expansion of cross-border transport infrastructure will provide a powerful impetus for the further development of trade, economic, scientific, technological and cultural cooperation," said Mishustin, who said ties between Moscow and Pyongyang were "at an unprecedented high level" and called the opening of the bridge "a genuinely historic event."
#bridge #moscow #korea
2 months ago
Ford Motor Company's (NYSE: F) shares have been in the fast lane. Over the past 12 months, they have climbed 21% (as of Sept. 3). Surprisingly, this performance is ahead of four of the "Magnificent Seven" stocks, high-powered companies sitting in the middle of impactful technological trends.
Investors aren't used to this automotive stock putting up strong returns. In the past five years, Ford's share price increased by just 9%. But can the business do a better job at rewarding its investors over the coming half-decade?
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Here's where I believe Ford stock will be in five years.
At a high level, Ford's operations aren't going to change much going forward. Known for its pickup trucks and SUVs, the company will remain a leading player in this segment of the automotive industry. Its Ford Blue segment will remain the most important financial driver. This division reported revenue of $26.1 billion in the second quarter, representing 54% of the company's total.
#ford #past #high
Investors aren't used to this automotive stock putting up strong returns. In the past five years, Ford's share price increased by just 9%. But can the business do a better job at rewarding its investors over the coming half-decade?
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Here's where I believe Ford stock will be in five years.
At a high level, Ford's operations aren't going to change much going forward. Known for its pickup trucks and SUVs, the company will remain a leading player in this segment of the automotive industry. Its Ford Blue segment will remain the most important financial driver. This division reported revenue of $26.1 billion in the second quarter, representing 54% of the company's total.
#ford #past #high
2 months ago
(This Sept 2 story has been republished, with no changes to text.)
By David Shepardson
WASHINGTON, Sept 2 (Reuters) - A judge in Washington on Wednesday blocked the U.S. Environmental Protection Agency from sending landmark California vehicle emissions rules for a potential repeal to the Republican-controlled Congress.
The four waivers sent by the EPA to Congress for review granted California authority to enact its own emission standards for cars and trucks as well as lawn-and-garden equipment. The Trump administration has mounted a multi-pronged effort to deny California the ability to require cleaner and more electric vehicles. The EPA and Congress have also enacted rules making it easier for automakers to sell more gas-powered cars and trucks, while making it more expensive to buy EVs.
If the Trump administration is successful, it would bar California indefinitely from regulating tailpipe emissions and a future Democratic president would be unable to easily reinstate its regulatory powers.
#sept #cars
By David Shepardson
WASHINGTON, Sept 2 (Reuters) - A judge in Washington on Wednesday blocked the U.S. Environmental Protection Agency from sending landmark California vehicle emissions rules for a potential repeal to the Republican-controlled Congress.
The four waivers sent by the EPA to Congress for review granted California authority to enact its own emission standards for cars and trucks as well as lawn-and-garden equipment. The Trump administration has mounted a multi-pronged effort to deny California the ability to require cleaner and more electric vehicles. The EPA and Congress have also enacted rules making it easier for automakers to sell more gas-powered cars and trucks, while making it more expensive to buy EVs.
If the Trump administration is successful, it would bar California indefinitely from regulating tailpipe emissions and a future Democratic president would be unable to easily reinstate its regulatory powers.
#sept #cars
2 months ago
Our ******* ysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here.
Nobody announces that they've stopped trusting you. They just start moving things out on weekday afternoons, a carload at a time, and by the time you notice, the good coat is already somewhere else. Central banks do this too but their subtle breaking up with you involves armored trucks, an ocean, and a press release that leans very hard on the word "logistics."
Between March and August, the Dutch central bank moved 86 tonnes of gold out of New York and Ottawa and into London. It called the project "crisis preparedness" and cited "increasing geopolitical unrest," which is central banker for saying the quiet part at a normal indoor volume.
De Nederlandsche Bank, DNB to its friends, closed 2025 sitting on 612.4 tonnes of gold worth €72.2 billion ($83.7 billion). About 31.3% of it lived in New York and another 19.7% in Ottawa, roughly 313 tonnes parked in North America. The 86 tonnes that left is a bit more than a quarter of that pile.
Roughly 59 tonnes never went anywhere at all. DNB sold that gold in New York and bought the same quantity in London, which is the bullion version of Venmo-ing a friend instead of driving across state lines with a duffel bag. The other 27-odd tonnes actually traveled, first from New York and Ottawa to DNB's own vault in the Dutch town of Zeist, then an equivalent amount from Zeist onward to London. The gold, in other words, flew with a layover. Structuring it that way let the bank skip melting down and re-casting bars to meet London's standards, which costs real money and carries the always-unwelcome risk of finishing the process with less gold than it started with.
#york #central #bank #roughly
Nobody announces that they've stopped trusting you. They just start moving things out on weekday afternoons, a carload at a time, and by the time you notice, the good coat is already somewhere else. Central banks do this too but their subtle breaking up with you involves armored trucks, an ocean, and a press release that leans very hard on the word "logistics."
Between March and August, the Dutch central bank moved 86 tonnes of gold out of New York and Ottawa and into London. It called the project "crisis preparedness" and cited "increasing geopolitical unrest," which is central banker for saying the quiet part at a normal indoor volume.
De Nederlandsche Bank, DNB to its friends, closed 2025 sitting on 612.4 tonnes of gold worth €72.2 billion ($83.7 billion). About 31.3% of it lived in New York and another 19.7% in Ottawa, roughly 313 tonnes parked in North America. The 86 tonnes that left is a bit more than a quarter of that pile.
Roughly 59 tonnes never went anywhere at all. DNB sold that gold in New York and bought the same quantity in London, which is the bullion version of Venmo-ing a friend instead of driving across state lines with a duffel bag. The other 27-odd tonnes actually traveled, first from New York and Ottawa to DNB's own vault in the Dutch town of Zeist, then an equivalent amount from Zeist onward to London. The gold, in other words, flew with a layover. Structuring it that way let the bank skip melting down and re-casting bars to meet London's standards, which costs real money and carries the always-unwelcome risk of finishing the process with less gold than it started with.
#york #central #bank #roughly
2 months ago
Ford is to compete - along with a range of other automotive OEMs - for a significant new UK military vehicle contract. The company is also exploring the potential for vehicle sales to other national armed forces across Europe.
The Financial Times has reported that Ford is among companies interested in competing for the upcoming contract to develop a next generation Light Mobility Vehicle (LMV) for the British Army.
The FT report suggested that Ford is aiming to expand sales of its Ranger pickup trucks for military purposes to the UK and NATO countries across Europe.
Ford of Europe President Jim Baumbick told the FT that there was "a big opportunity" for NATO to develop military-purpose vehicles with car parts that could be shared across allied forces to strengthen crisis-management response capabilities.
The report said that Ford will partner with General Dynamics Land Systems and UK engineering group Ricardo to compete for the UK Ministry of Defence's LMV programme. The LMV programme will replace ageing Land Rover and Pinzgauer military vehicles.
#ford #nato
The Financial Times has reported that Ford is among companies interested in competing for the upcoming contract to develop a next generation Light Mobility Vehicle (LMV) for the British Army.
The FT report suggested that Ford is aiming to expand sales of its Ranger pickup trucks for military purposes to the UK and NATO countries across Europe.
Ford of Europe President Jim Baumbick told the FT that there was "a big opportunity" for NATO to develop military-purpose vehicles with car parts that could be shared across allied forces to strengthen crisis-management response capabilities.
The report said that Ford will partner with General Dynamics Land Systems and UK engineering group Ricardo to compete for the UK Ministry of Defence's LMV programme. The LMV programme will replace ageing Land Rover and Pinzgauer military vehicles.
#ford #nato
2 months ago
The Monster Jam monster truck stunt show is back in Jacksonville. Eventgoers can expect big trucks doing big tricks all weekend long.
Typically, this event is held at Everbank Stadium, but because of the Stadium of the Future construction, it's been moved.
Truckloads of dirt were wheeled into Vystar, but the big wheels everyone is interested in are 12,000-pound monster trucks!
"There's nothing like taking a 12,000-pound truck and doing a backflip into a nose wheel combo or something crazy like that," said monster truck driver Tony Ochs.
The Saturday and Sunday event features driver competitions in three categories: Racing, 2 Wheel Skills and Freestyle. Some of the stunts include back flips and vertical two-wheel tricks.
#truck #trucks
Typically, this event is held at Everbank Stadium, but because of the Stadium of the Future construction, it's been moved.
Truckloads of dirt were wheeled into Vystar, but the big wheels everyone is interested in are 12,000-pound monster trucks!
"There's nothing like taking a 12,000-pound truck and doing a backflip into a nose wheel combo or something crazy like that," said monster truck driver Tony Ochs.
The Saturday and Sunday event features driver competitions in three categories: Racing, 2 Wheel Skills and Freestyle. Some of the stunts include back flips and vertical two-wheel tricks.
#truck #trucks
2 months ago
Ford Motor (NYSE:F), the global light-vehicle and truck maker with Ford and Lincoln brands, closed at $14.14, up 2.17%. Wednesday's session followed reports that August U.S. sales fell 10.3%. Investors will be closely watching pickup production and demand next.
Trading volume reached 51.7 million shares, coming in roughly 3.1% above its three-month average of 50.2 million shares.
The S&P 500 (SNPINDEX:^GSPC) closed at 7,667, up 0.47%, while the Nasdaq Composite (NASDAQINDEX:^IXIC) finished at 26,218, up 0.45%. Among automobile manufacturers, General Motors (NYSE:GM) closed at $84.88, down 0.88%, and Stellantis (NYSE:STLA) ended at $5.27, down 1.50%, highlighting softer trading in auto peers during the session.
Ford reported August U.S. sales fell 10.3%, marking an eighth straight month of year-over-year declines. Investors were encouraged, however, after the automaker said its production of the large, highly profitable "Super Duty" trucks last month reached a 20-year high. At the same time, the output of F-150 pickups reached its highest point in two years, reports CNBC. Ford was significantly affected by supplier issues due to its large aluminum bodies and other components following an aluminum plant fire late last year.
August electric vehicle (EV) sales were down nearly 80%, while hybrid sales were down 20%. Ford stock is nearly 20% off its 2026 highs, reached after the company announced the formation of Ford Energy in May. That came after it repurposed some EV ******* ets as part of a pivot to tap into demand for energy storage. That helped investors shrug off the plunging EV and hybrid sales.
Before you buy stock in Ford Motor Company, consider this:
#sales
Trading volume reached 51.7 million shares, coming in roughly 3.1% above its three-month average of 50.2 million shares.
The S&P 500 (SNPINDEX:^GSPC) closed at 7,667, up 0.47%, while the Nasdaq Composite (NASDAQINDEX:^IXIC) finished at 26,218, up 0.45%. Among automobile manufacturers, General Motors (NYSE:GM) closed at $84.88, down 0.88%, and Stellantis (NYSE:STLA) ended at $5.27, down 1.50%, highlighting softer trading in auto peers during the session.
Ford reported August U.S. sales fell 10.3%, marking an eighth straight month of year-over-year declines. Investors were encouraged, however, after the automaker said its production of the large, highly profitable "Super Duty" trucks last month reached a 20-year high. At the same time, the output of F-150 pickups reached its highest point in two years, reports CNBC. Ford was significantly affected by supplier issues due to its large aluminum bodies and other components following an aluminum plant fire late last year.
August electric vehicle (EV) sales were down nearly 80%, while hybrid sales were down 20%. Ford stock is nearly 20% off its 2026 highs, reached after the company announced the formation of Ford Energy in May. That came after it repurposed some EV ******* ets as part of a pivot to tap into demand for energy storage. That helped investors shrug off the plunging EV and hybrid sales.
Before you buy stock in Ford Motor Company, consider this:
#sales
2 months ago
AI gate automation cut dwell times to under 30 seconds while EAIGLE posted 350% year-over-year growth. CEO Amir Hoss explains how the company uses existing security cameras and computer vision to automate gate, yard and dock workflows.On site at a live facility, Hoss breaks down how EAIGLE went from a customer problem to a fully automated, paperless gate and yard operation. He also explains why the next growth phase matters for carriers, shippers and warehouse operators trying to move trucks through the yard faster.#GateAutomation #YardManagement #SupplyChainAI
EAIGLE, an automation company focused on gate-to-dock logistics, has closed a growth funding round on the heels of 350% year-over-year revenue growth, CEO and founder Amir Hoss said in an interview with FreightWaves. The company's computer vision platform reduces gate dwell times that previously ranged from 7.5 to 18 minutes down to under 30 seconds — and sometimes under one minute — by tapping into camera infrastructure that facilities already own.
The technology matters to carriers, brokers, and shippers because gate congestion and yard opacity have long been among the most stubborn inefficiencies in distribution operations. EAIGLE's system automates the full check-in and check-out process, validates bills of lading, purchase orders, appointments, and USDOT numbers in real time, and feeds clean data directly into yard management, warehouse management, and transportation management systems via APIs.
At one active facility where Hoss spoke — a site processing roughly 1,100 trucks per day across two gates and four lanes — EAIGLE replaced 18 full-time staff across three shifts with a fully unmanned, paperless operation. "We didn't validate here, we just log," Hoss recalled a security guard telling him five or six years ago, a dynamic he said rendered downstream YMS data unreliable. "It becomes garbage in and garbage out," he said.
"The bar is really high because you own that responsibility of initiating the high accuracy and complete data capture and validation for the rest of the systems in the supply chain ecosystem of each one of the operational customers."
#eaigle #amir #automation
EAIGLE, an automation company focused on gate-to-dock logistics, has closed a growth funding round on the heels of 350% year-over-year revenue growth, CEO and founder Amir Hoss said in an interview with FreightWaves. The company's computer vision platform reduces gate dwell times that previously ranged from 7.5 to 18 minutes down to under 30 seconds — and sometimes under one minute — by tapping into camera infrastructure that facilities already own.
The technology matters to carriers, brokers, and shippers because gate congestion and yard opacity have long been among the most stubborn inefficiencies in distribution operations. EAIGLE's system automates the full check-in and check-out process, validates bills of lading, purchase orders, appointments, and USDOT numbers in real time, and feeds clean data directly into yard management, warehouse management, and transportation management systems via APIs.
At one active facility where Hoss spoke — a site processing roughly 1,100 trucks per day across two gates and four lanes — EAIGLE replaced 18 full-time staff across three shifts with a fully unmanned, paperless operation. "We didn't validate here, we just log," Hoss recalled a security guard telling him five or six years ago, a dynamic he said rendered downstream YMS data unreliable. "It becomes garbage in and garbage out," he said.
"The bar is really high because you own that responsibility of initiating the high accuracy and complete data capture and validation for the rest of the systems in the supply chain ecosystem of each one of the operational customers."
#eaigle #amir #automation
2 months ago
TruckSmarter announced on Tuesday that it has been acquired and that its driver app, Dispatch, shuts down on Friday, September 4.
The scale is what makes this more than a routine startup wind-down. More than 500,000 carriers have used the TruckSmarter platform, which included a free load board alongside the paid Dispatch product. Dispatch was an AI chat interface that let a driver ask for freight in plain language and had software agents handle the bidding and booking, rather than making the driver work a traditional load board.
Automated replies from the company indicated that active Dispatch subscriptions are canceled Friday, and that invoices paid within the previous 30 days will be refunded within seven business days of cancellation. Co-founder and chief executive Dan Kao posted a message inside the app thanking users for five years of trust, and drivers and trucking groups spread screenshots of it across social media.
One thing has been ruled out. OTR Solutions, which bought TruckSmarter's factoring and banking division in November 2025, told FreightWaves it did not acquire the remaining business.
So a company that raised money twelve months ago is gone by Friday, and ****** ody will say who bought it. That combination has a name in technology, even if no one involved here has used it.
#Friday #load #board #company
The scale is what makes this more than a routine startup wind-down. More than 500,000 carriers have used the TruckSmarter platform, which included a free load board alongside the paid Dispatch product. Dispatch was an AI chat interface that let a driver ask for freight in plain language and had software agents handle the bidding and booking, rather than making the driver work a traditional load board.
Automated replies from the company indicated that active Dispatch subscriptions are canceled Friday, and that invoices paid within the previous 30 days will be refunded within seven business days of cancellation. Co-founder and chief executive Dan Kao posted a message inside the app thanking users for five years of trust, and drivers and trucking groups spread screenshots of it across social media.
One thing has been ruled out. OTR Solutions, which bought TruckSmarter's factoring and banking division in November 2025, told FreightWaves it did not acquire the remaining business.
So a company that raised money twelve months ago is gone by Friday, and ****** ody will say who bought it. That combination has a name in technology, even if no one involved here has used it.
#Friday #load #board #company
2 months ago
On August 17, Caterpillar Inc. (NYSE:CAT) launched a new manufacturing workforce commitment in Arkansas, a modest headline next to the numbers coming out of its other businesses. Just two weeks earlier, the company posted its first-ever $20 billion sales quarter, and a fast-growing power generation arm is quietly becoming its most important source of growth. Together, these threads point to a company reshaping itself well beyond its bulldozer roots, and a stock market that has already started pricing in the shift.
Caterpillar's power and energy division brought in more than $8.2 billion in the second quarter, a 17% jump from a year earlier that pushed it almost even with the $8.3 billion generated by the company's traditional construction segment. Its operating profit, at just over $2 billion, actually topped construction's, a sign that demand from data centers building out AI infrastructure carries real pricing power. Caterpillar's order backlog stood at $72 billion at the end of June, up 92% from a year earlier, suggesting this shift has room to keep running.
The broader business backed that up. Sales and revenues for the quarter reached $20.5 billion, up 24% from $16.6 billion a year earlier, the first time Caterpillar has crossed $20 billion in a single quarter. Profit per share rose to $7.77, while adjusted operating margin expanded to 21.9% from 17.6%. Alongside $4.4 billion in operating cash flow, the company kept investing in the workforce feeding that growth. The Arkansas commitment, worth up to $3 million, is the fifth allocation under Caterpillar's five-year, $100 million Building the Future Workforce Initiative, following earlier launches in Indiana, Texas and Illinois. It brings in training partners including the University of Arkansas Pulaski Technical College and the Little Rock Regional Chamber around a North Little Rock plant that already employs more than 530 people and works with 60 suppliers in the state.
None of that growth comes cheap. Caterpillar shares have climbed nearly 90% over the past year on AI-driven optimism, pushing the forward price-to-earnings ratio above 30. That makes the stock more expensive than Microsoft, Alphabet or Nvidia, three companies most investors would call the faces of the AI boom rather than a maker of generators and mining trucks. For decades, Caterpillar traded below the S&P 500's long-run average multiple because its construction business tends to grow in the single digits, a pattern that made the market wary of paying up for the name.
#caterpillar #arkansas #company #Growth
Caterpillar's power and energy division brought in more than $8.2 billion in the second quarter, a 17% jump from a year earlier that pushed it almost even with the $8.3 billion generated by the company's traditional construction segment. Its operating profit, at just over $2 billion, actually topped construction's, a sign that demand from data centers building out AI infrastructure carries real pricing power. Caterpillar's order backlog stood at $72 billion at the end of June, up 92% from a year earlier, suggesting this shift has room to keep running.
The broader business backed that up. Sales and revenues for the quarter reached $20.5 billion, up 24% from $16.6 billion a year earlier, the first time Caterpillar has crossed $20 billion in a single quarter. Profit per share rose to $7.77, while adjusted operating margin expanded to 21.9% from 17.6%. Alongside $4.4 billion in operating cash flow, the company kept investing in the workforce feeding that growth. The Arkansas commitment, worth up to $3 million, is the fifth allocation under Caterpillar's five-year, $100 million Building the Future Workforce Initiative, following earlier launches in Indiana, Texas and Illinois. It brings in training partners including the University of Arkansas Pulaski Technical College and the Little Rock Regional Chamber around a North Little Rock plant that already employs more than 530 people and works with 60 suppliers in the state.
None of that growth comes cheap. Caterpillar shares have climbed nearly 90% over the past year on AI-driven optimism, pushing the forward price-to-earnings ratio above 30. That makes the stock more expensive than Microsoft, Alphabet or Nvidia, three companies most investors would call the faces of the AI boom rather than a maker of generators and mining trucks. For decades, Caterpillar traded below the S&P 500's long-run average multiple because its construction business tends to grow in the single digits, a pattern that made the market wary of paying up for the name.
#caterpillar #arkansas #company #Growth
2 months ago
Two leading automotive giants, General Motors Company (NYSE:GM) and Toyota Motor Corporation (NYSE:TM), represent contrasting strategies in the U.S. auto market. Twenty years ago, GM sold twice as many vehicles in the U.S. as Toyota. Today, that gap has narrowed dramatically. Through July, GM's sales lead over Toyota dwindled to just over 100,000 vehicles, as reported on August 21. The shifting dynamic highlights two distinct operating models: GM prioritizing disciplined volume and profit margins, while Toyota aggressively expands its hybrid-heavy lineup to capture market share.
Toyota's push into electrified vehicles, predominantly gas-electric hybrids, is rapidly closing the volume gap. In Q2 2026, Toyota Motor North America reported U.S. sales of 673,971 vehicles, up 1.1% year-over-year. Driver demand was led by its electrified options, which jumped 19.5% to 383,091 units, representing 56.8% of Toyota's total Q2 volume.
Financially, Toyota's hybrid strategy gives it strong top-line momentum without forcing full reliance on pure electric vehicles. Its multi-pathway approach offers 33 electrified models across the Toyota and Lexus lineups, helping maintain high consumer interest while keeping incentive spending among the lowest among full-line automakers.
While Toyota closes the distance, GM retained its spot as America's #1 automaker by volume in Q2 2026, selling 714,896 vehicles. Total sales dipped 4.2% year-over-year due to inventory constraints, discontinued models, and a softer EV backdrop. However, GM intentionally chose not to chase lower-margin volume, focusing instead on high-margin trucks and SUVs like the Chevrolet Suburban and GMC Sierra.
GM's financial execution remains sharp. In Q2 2026, GM delivered an 8.6% North American EBIT-adjusted margin, up 2.5 percentage points year-over-year, and raised its full-year 2026 guidance for the second time. Reduced EV manufacturing losses and pricing stability have kept profitability resilient despite lower unit sales growth.
#full #NYSE
Toyota's push into electrified vehicles, predominantly gas-electric hybrids, is rapidly closing the volume gap. In Q2 2026, Toyota Motor North America reported U.S. sales of 673,971 vehicles, up 1.1% year-over-year. Driver demand was led by its electrified options, which jumped 19.5% to 383,091 units, representing 56.8% of Toyota's total Q2 volume.
Financially, Toyota's hybrid strategy gives it strong top-line momentum without forcing full reliance on pure electric vehicles. Its multi-pathway approach offers 33 electrified models across the Toyota and Lexus lineups, helping maintain high consumer interest while keeping incentive spending among the lowest among full-line automakers.
While Toyota closes the distance, GM retained its spot as America's #1 automaker by volume in Q2 2026, selling 714,896 vehicles. Total sales dipped 4.2% year-over-year due to inventory constraints, discontinued models, and a softer EV backdrop. However, GM intentionally chose not to chase lower-margin volume, focusing instead on high-margin trucks and SUVs like the Chevrolet Suburban and GMC Sierra.
GM's financial execution remains sharp. In Q2 2026, GM delivered an 8.6% North American EBIT-adjusted margin, up 2.5 percentage points year-over-year, and raised its full-year 2026 guidance for the second time. Reduced EV manufacturing losses and pricing stability have kept profitability resilient despite lower unit sales growth.
#full #NYSE
2 months ago
Most fathers and daughters bond over shared activities like camping and hiking but for Georgina and Tony Dixon it is their shared love of monster trucks that brings them together.
Monster trucks have been part of 23-year-old Georgina's life since day one. Her dad bought his first monster truck, Swamp Thing, in 2003 - the year she was born.
Having grown up with the motorsport in Melksham, Wiltshire, Georgina has followed in her dad's footsteps and she is now thought to be the youngest female truck driver in the country.
"About two years ago, I started doing monster trucks full-time and I love it," she said. "It's absolutely amazing."
The pair are due to thrill crowds at Truck Fest South West at the Bath and West Showground in Shepton Mallet this weekend, performing stunts on the legendary Swamp Thing monster truck.
#truck
Monster trucks have been part of 23-year-old Georgina's life since day one. Her dad bought his first monster truck, Swamp Thing, in 2003 - the year she was born.
Having grown up with the motorsport in Melksham, Wiltshire, Georgina has followed in her dad's footsteps and she is now thought to be the youngest female truck driver in the country.
"About two years ago, I started doing monster trucks full-time and I love it," she said. "It's absolutely amazing."
The pair are due to thrill crowds at Truck Fest South West at the Bath and West Showground in Shepton Mallet this weekend, performing stunts on the legendary Swamp Thing monster truck.
#truck
