President Donald Trump said that the U.S. will boost its purchases of domestic farm products for humanitarian aid in an effort to offset lost demand from China as trade tensions flare between the nations.
May 10, 2019Logistics News
For the commercial transportation business, moving things from point A to point B is job one. This coverage explores all of those movements at a global level and focuses on everything from global trade, ocean shipping, and port activity to intermodal business, rail operations and the greater supply chain.
US Hikes Tariffs Amid Trade Talks; China Vows to Retaliate
The United States hiked tariffs on more than $200 billion in goods from China on May 10 in the most dramatic step yet of President Donald Trump’s push to extract trade concessions, deepening a conflict that has roiled financial markets and cast a shadow over the global economy.
May 10, 2019Lawmakers Mull Funding Options for $2 Trillion Infrastructure Deal
WASHINGTON — More than a week after President Donald Trump and congressional Democrats elevated a $2 trillion infrastructure package for lawmakers’ legislative agenda, stakeholders are speaking up about their funding preferences in advance of a planned meeting between the White House and transportation policymakers to discuss how to pay for the initiative.
May 9, 2019HOS Updates Expected Soon, but Could Be Long Road, Experts Say
The regulatory journey of federal hours-of-service rules is approaching an important turning point as June 7, the scheduled release date for the Department of Transportation’s proposal on policy changes, draws nearer.
May 9, 2019Americold Reports Revenue Rises 0.5% to $393.1 Million in 1Q
Americold Realty Trust, one of the world’s largest companies focused on temperature-controlled warehouses, on May 7 reported revenue rose in the first quarter ending March 31.
May 9, 2019Best and Worst International Airlines and Airports? Here’s One Guide
Had a bad experience at Newark Liberty Airport last year? You’re not alone, according to recent rankings.
May 9, 2019CN Rail Open to Moving Alberta’s Oil-Shipping Deals to Drillers
Canadian National Railway Co. is open to transferring the crude-by-rail contracts that it signed with Alberta to private companies or to striking other arrangements that put its spare shipping capacity to use, CEO Jean-Jacques Ruest said.
May 9, 2019Trade Gap With China Shrinks to Lowest Since 2016
The U.S. trade deficit with China decreased to the narrowest in almost three years as imports slowed and exports advanced, offering President Donald Trump a chance to claim his tariff war is yielding the desired results just as negotiations reach a critical stage.
May 9, 2019News of GM Plant Sale Leaves Union Unhappy
The president of United Auto Workers Local 1112 in Lordstown — whom Trump attacked on Twitter two months ago — is among a handful of workers whose job is to do maintenance at the inactive compact car factory that made its last Chevrolet Cruze in March. He was left in the dark about GM’s talks to sell the factory.
May 9, 2019Electric Truckmaker Workhorse in Talks to Acquire Idled GM Plant in Ohio
General Motors Co. is in talks to sell the Ohio car plant it idled earlier this year to electric truckmaker Workhorse Group Inc., a plan that won President Donald Trump’s praise despite the likelihood that the factory will employ far fewer workers.
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