Shares of logistics and freight-related companies are trading lower after President Trump said in a social media post that tariffs on cars, trucks, automotive parts and steel from Canada will be increased to 50% from January 1, 2027. The tariffs are likely to curtail the profitability of lucrative U.S.-Canada cross-border logistics routes.

Citigroup Maintains Buy on ArcBest, Lowers Price Target to $171

Citigroup analyst Ariel Rosa maintains ArcBest (NASDAQ:ARCB) with a Buy and lowers the price target from $178 to $171.

UBS Maintains Neutral on ArcBest, Raises Price Target to $154

UBS analyst Thomas Wadewitz maintains ArcBest (NASDAQ:ARCB) with a Neutral and raises the price target from $145 to $154.

TD Cowen Maintains Hold on ArcBest, Lowers Price Target to $155

Bill Gates’ Foundation Cut $800 Million in Q2 From Warren Buffett’s Berkshire Hathaway — Here’s Where It Put the Money Instead

The Gates Foundation cut its Berkshire Hathaway stake by over $800M in Q2 and initiated a brand-new position in Home Depot.

8-K filing — FedEx Freight Holding Company, Inc. (FDXF)

Filed: 2026-08-06 AccNo: 0001628280-26-054314 Size: 1 MB Item 2.02: Results of Operations and Financial Condition Item 9.01: Financial Statements and Exhibits

Jim Cramer Warns Investors Could Be 'Slaughtered' by Overloaded Tech Portfolios, but Backs Nvidia and Intel: 'It's Time to Go to Other Sectors'

Cramer warned investors against overloading on volatile AI stocks, urged shift toward banks and industrials. Stays bullish on Nvidia, Intel.