Sweden’s state-owned pension investors, collectively known as the AP Funds, have fully written down their entire investment in bankrupt battery maker Northvolt AB.
February 10, 2025Government, Business, Technology, Equipment, Fuel
Northvolt’s Bankruptcy Deals $531M Blow to Swedish Investors
Government, Business, Equipment
China’s 10% Tariff on US Cars Hits GM, Ford SUVs
China’s 10% additional tariff on vehicles with engines larger than 2.5 liters imported from the U.S. took effect Feb. 10.
February 10, 2025Government, Business, Technology, Equipment, Fuel
A Timeline of US-China Retaliatory Tariffs
TAIPEI, Taiwan — China’s tit-for-tat duties on U.S. imports took effect Feb. 10, hours after President Donald Trump announced that he wants to slap new duties on all steel and aluminum imports.
February 10, 2025Government, Business, Equipment
Trump Says He Will Announce 25% Steel, Aluminum Tariffs
WASHINGTON — President Donald Trump said he will announce Feb. 10 that the U.S. will impose 25% tariffs on all steel and aluminum imports, including from Canada and Mexico.
February 10, 2025Government, Business
Trump Says Nippon Steel May Invest in US Steel
 President Donald Trump indicated Nippon Steel is considering investing in United States Steel instead of an outright purchase.
February 7, 2025Government, Business, Technology, Safety
EPA’s Zeldin Announces New Focus to Boost AI, US Automaking
New EPA Administrator Lee Zeldin is spearheading a five-point initiative that protects the environment and promotes industrial energy, including for AI data centers.
February 7, 2025Government, Business, Logistics, Global Freight
Trump Maintains Duty-Free Exception on Chinese Goods
President Donald Trump said he would maintain the duty-free exception for low-value packages coming from China until “adequate systems are in place to fully and expediently process and collect tariff revenue.â€Â
February 7, 2025Government, Business
Tying Transportation Grants to Birth Rates Raises Concerns
CHICAGO — Secretary Sean Duffy has circulated a memo that instructs the Transportation Department to give preference to communities with high marriage and birth rates when awarding grants.
February 7, 2025Government, Business, Equipment, Safety
Verifying Safety of Rear Impact Guards Can Be Complicated
When a jury issued a $462 million judgment against Wabash National Corp. last fall, many fleet maintenance managers were concerned.
February 7, 2025Government, Business, Technology, Equipment, Safety
Trucking Industry Urges FMCSA to End Label Rule
Although small in physical size, rear-impact guard certification labels often serve as the difference between compliance or violations that can cause big headaches for fleet leadership.
February 7, 2025