But in a private speech in Washington for JPMorgan Chase, Treasury Secretary Scott Bessent also cautioned that talks between the United States and China had yet to formally start.
April 22, 2025Trucking Business News
Transport Topics business coverage focuses on the financial, economic, and commercial aspects of the modern freight business. Looking at both the microeconomic and macroeconomic forces shaping bottom lines, the news in this category includes labor news, jobs reports, tonnage and sales indicators, operations analysis, money and banking, mergers, acquisitions, e-commerce, bankruptcy, insurance issues, and more.
Bessent Predicts US-China Trade De-Escalation
Tariffs Hit Halliburton’s Core Fracking Business
The dominant North American oil field services provider told investors April 22 on a conference call that tariffs will have an impact of 2 to 3 cents per share during the second quarter.
April 22, 2025FitzMark Acquires High Point Logistics, Pentonix Freight
FitzMark expanded its footprint in the freight brokerage sector by acquiring High Point Logistics and Pentonix Freight.
April 22, 2025Truck Tonnage Slips 1.5% in March After Strong February
The U.S. freight market slowed in March after a robust February, but data for Q1 of 2025 as a whole suggested a turnaround was underway, according to American Trucking Associations.
April 22, 2025Two Plants That Make Jeep Grand Cherokee to Pause Production
Two Stellantis plants that build Jeep Grand Cherokee and Dodge Durango SUVs will pause production next week, the latest of several plant cutbacks made by the automaker in recent weeks.
April 22, 2025Transport Experts Prepare for Trump-Era Regulatory Shift
President Donald Trump's commitment to reduced federal regulations is expected to lead to a shift in how transportation policy is handled, experts detailed during a discussion April 21.
April 22, 2025IMF: US, Global Economic Outlook Deteriorate in Trade War
The outlooks for the U.S. and global economies have worsened in the wake of President Donald Trump’s tariffs and the uncertainty they have created, the International Monetary Fund said.
April 22, 2025Logistics and Shipping Players Are Doubling Down on Mexico
Rather than pulling back in the face of U.S. tariff threats, major logistics and shipping players like DHL, Echo Global and CPKC are doubling down on Mexico.
April 22, 2025Trump Threatens Powell Ouster Ahead of IMF Meetings
President Donald Trump warned the U.S. economy may slow if the Federal Reserve does not move to immediately reduce interest rates, in his latest broadside against Fed Chair Jerome Powell.
April 21, 2025Uber One Subscription Billing Practices Spark FTC Lawsuit
The FTC claims the rideshare and delivery company hurt consumers through “deceptive billing and cancellation practices” as part of its flagship subscription service.
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