U.S., Canada can avoid an all-out trade war: TT Daily

August 26, 2026

U.S., Canada can avoid an all-out trade war

Despite the bravado coming from both sides of the border, analysts suspect the longtime allies will eventually strike a deal to end a conflict neither really wants. Read more…

TODAY’S NEWS

BUSINESS

Descartes buys Tai for $100 million in third deal of 2026

Descartes Systems Group will buy Tai — an artificial intelligence-powered transportation management software provider for freight brokers — for $100 million. Read more…

SAFETY

Border crackdown curbs cabotage violations by foreign truckers

Border Patrol agents have blocked hundreds of drivers with cabotage violations from entering the U.S. through Mexico. Read more…

SPONSORED CONTENT

The New Maintenance Playbook

Every minute of downtime costs money, and fleet leaders face more challenges than ever in keeping vehicles on the road. With technician shortages, increasing maintenance complexity, and mounting cost pressures, the fleets that succeed will be those that adopt flexible, data-driven maintenance strategies built for change. Read more…

BUSINESS

Honda considers building new plant in U.S.

Honda earlier this year canceled a trio of battery-electric models earmarked for the U.S. Honda plans to introduce 15 new hybrids by March 2030. Read more…

EQUIPMENT

Mobility Global trims 2026, 2027 Class 8 forecasts

Mobility Global cut its calendar-year 2026 forecast for U.S. Class 8 truck and tractor registrations by 1,532 to 217,589 in its Q3 calculations from 219,121 in Q2. Read more…

TECHNOLOGY

Trimble introduces AI agent for transportation workflows

Arc Agent connects with its existing transportation management systems as well as third-party applications to extract, validate and process information. Read more…

GOVERNMENT

Iran, Oman agree to share Strait of Hormuz revenue

Iranian officials have repeatedly warned that a deal with Oman on the strait’s navigation would not equate to an immediate re-opening of the waterway. Read more…

GOVERNMENT

Iran war, trade fights keep key inflation gauge elevated

Prices rose 3.7% in July compared with a year earlier. Inflation has worsened since the Iran war began in late February, when it stood at 2.9%. Read more…

FUEL

Oil prices decline on continuing tension with Iran

The oil market is down as tensions have grown after the Trump administration announced new sanctions aimed at inflicting more pain on Iran’s economy. Brent crude dropped 2.4% to $85.17 a barrel. Read more…

LOGISTICS

Asian shipper pays record $5.3M for Panama Canal access

Demand to urgently pass through the waterway has soared after the Iran war upended global trade routes, particularly to Asia. Read more…

BUSINESS

U.S. consumer confidence falls, with gas stuck above $4

The Conference Board said Aug. 25 that its consumer confidence index dipped to 89.4 in August from 90.2 in July. That was the lowest level in seven months. Read more…

BUSINESS

Economy expands at sluggish 1.5% pace in Q2

Consumer spending — which accounts for about 70% of U.S. economic activity — increased at a healthy 3.4% annual clip, up from 0.5% in the January-March period. Read more…

EDITOR’S PICK

Freight Market Upturn Bodes Well for Top For-Hire Carriers

This year’s Top 100 For-Hire Carriers list reflects a challenging market in 2025, but the outlook has brightened considerably for many large carriers. Read more…

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U.S., Canada can avoid an all-out trade war: TT Daily

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