President Donald Trump can continue to enforce his global tariffs for now, a federal appeals court held in a win for the president on one of his signature economic policies.
June 11, 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.
Trump Tariffs Can Stay in Effect Longer, Appeals Court Says
Inflation Up Slightly in May as Grocery Prices Ticked Higher
U.S. inflation picked up a bit last month as food costs rose, though overall inflation remained mostly tame. Consumer prices increased 2.4% in May compared with a year ago.
June 11, 2025GM to Invest $4B to Shift Some Production From Mexico to US
GM announced plans to invest $4 billion to shift some production from Mexico to U.S. manufacturing plants as the automaker navigates tariffs that could drive prices higher.
June 11, 2025Autonomous Truck Firm Plus to Go Public Via Churchill SPAC
Teaming up with the SPAC controlled by former investment banker Michael Klein will put a valuation of $1.2 billion on Plus. The combined entity will be known as PlusAI.
June 11, 2025Musk Moves Tesla’s Robotaxi Launch ‘Tentatively’ to June 22
Elon Musk says Tesla is “tentatively” set to begin providing robotaxi service in Austin, Texas, on June 22.
June 11, 2025Trump: US Gets Rare Earth Minerals From China in 'Done' Deal
President Donald Trump announced June 11 that the United States will get magnets and rare earth minerals from China under a new trade deal and that tariffs on Chinese goods will go to 55%.
June 11, 2025Steel Tariff Talks Between US, Mexico Nearing Resolution
Under its current terms, the deal would allow U.S. buyers to import Mexican steel duty-free as long as they kept total shipments below a level based on historical trade volumes.
June 10, 2025FMCSA Seeks Input to Revamp Consumer Complaint Database
FMCSA is seeking public input about its planned revision to the National Consumer Complaint Database that handles complaints against unsafe and unscrupulous companies.
June 10, 2025UNFI Hack Leaves Some Whole Foods Shelves Bare
In a June 9 email to customers, a representative said the company is “working toward the goal of returning to full operational capacity by” June 15 or sooner and apologized for any disruption.
June 10, 2025Senate Decision Could Affect Billions in Hydrogen Deals
The Senate is considering a plan to save a lucrative tax credit for hydrogen production that would be scrapped under the tax-and-spending bill passed by the House, key Republicans said.
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