In recent economic developments, initial jobless claims saw a sharp decline, while wholesale inventories were skewed by fluctuations in petroleum products. June witnessed real U.S. goods exports surpassing imports, indicating a positive trade balance. Mortgage rates dropped to their lowest since May 2023, and diesel prices continued their downward trend for the fourth consecutive week. Van spot rates experienced an uptick, although they remain below 2023 levels. Carriers reduced CDL hiring activity in June, and rail carload traffic recovered after a challenging July. Additionally, the CIRB has permitted a potential rail strike in Canada, signaling possible disruptions ahead.