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A China-U.S. deal to slash trade tariffs is set to push freight rates higher, as companies rush to use a 90-day grace period to ferry goods across the Pacific Ocean.
House Republicans are proposing to eliminate a tax credit for electric vehicles and phase out incentives for the production of clean energy to help pay for President Donald Trump’s massive tax package.
American businesses that rely on Chinese goods reacted with muted relief May 12 after the U.S. and China agreed to pause their exorbitant tariffs on each other’s products for 90 days.
Inflation cooled for the third straight month in April even after some U.S. tariffs took effect, though economists and many business owners expect inflation will climb in the coming months.
U.S. and Chinese officials said May 12 they had reached a deal to roll back most of their recent tariffs and call a 90-day truce in their trade war to allow for more talks.
U.S. Class 8 retail sales closed in on nearly two years of year-over-year declines in April, according to data from Wards Intelligence.
French Shipping Giant CMA CGM Hails US-China Deal
Rodolphe Saade, CEO of CMA CGM SA, hailed a truce in the trade war between Washington and Beijing.
Colorado Leads 16 States Suing FHWA to Recoup $1B in EV Grants
The group claims that FHWA ran afoul of its authority by blocking the funds, which were approved by Congress as part of the Infrastructure Investment and Jobs Act of 2021.
Post Office Names David Steiner Postmaster General
The U.S. Postal Service has selected FedEx board member David Steiner to be the country’s next postmaster general, the agency announced May 9.
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While continuing to endure a stubbornly slow freight market recovery, the largest third-party logistics providers in North America also face a murky outlook for international trade.
Receptiveness to safety technologies depends on the specific technology and the understanding of it. Drivers tend to favor road-facing cameras but dislike cameras aimed at them.
Top 100/ Top 50
A unique ranking of the third-party logistics companies in North America includes listings of the largest freight brokerage firms, freight forwarders, warehouse operators and dedicated contract carriage service providers.
Key data on revenue and freight assets for the 50 largest global freight companies.
Retail giant Walmart ascends to No. 1 on this updated list of the largest private carriers in North America, ranked by number of tractors in operation.
Annual rankings provide an indispensable overview of the largest for-hire carriers in North America, along with timely analysis of trends shaping the industry.
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The U.S. collected a record amount of revenue from tariffs in April, helping to limit a further widening of the budget deficit.
GM has hired Sterling Anderson, the former director of Tesla’s Autopilot program and a co-founder of autonomous startup Aurora, as chief product officer overseeing all vehicle development.
Last-mile delivery companies, which have always aimed for access to real-time visibility and advanced route optimization, face pressure to better use vehicles and make fast deliveries.
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