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The CBO handed Republicans a major political talking point, with projections showing the possibility for tariffs to bring in more federal revenue than would be lost by Trump's tax cut plan.
Prime Minister Mark Carney said Canada and the U.S. are in “intensive” talks about the countries’ relationship, explaining his decision not to respond yet to doubled steel and aluminum tariffs.
Automakers in the U.S. and Europe raised concerns about China’s export controls on rare earth metals, as Beijing’s move threatens to disrupt global car production.
President Donald Trump said in a late-night social media post that Chinese leader Xi Jinping was very tough to make a deal with, raising questions about whether a fragile economic truce will hold.
Mexico will ask President Donald Trump’s administration on June 6 to be exempted from an increase in steel tariffs to 50%, the country’s economy minister said.
Tariffs introduced by the Trump administration, and the consequent aversion to risk, are a major reason why there is no clear trajectory for recovery, the study’s authors warned.
UK Gets Reprieve on Steel Tariff
The U.K.has a new five-week deadline to finalize its trade agreement with the U.S. after President Donald Trump spared the country’s steel and aluminum exports from a doubling of tariffs.
Daimler Truck Financial Services Selects North Carolina HQ
The financial lender for Daimler Truck North America will establish its headquarters in North Carolina with a $7.8 million investment that will add 276 jobs in Charlotte.
Maverick Raises Pay for Glass Division Drivers
Maverick Transportation increased pay for drivers in its glass over-the-road driving division, the company announced June 2.
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As artificial intelligence continues to advance, technology developers are beginning to introduce AI-powered virtual agents and assistants that could change how logistics work is done.
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.
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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President Donald Trump signed a directive June 3 formally raising steel and aluminum tariffs to 50% from 25% starting June 4.
Bipartisan legislation seeking to enhance consumer protections in the moving industry was recently approved by a Senate committee.
Site visits are set to start for potential buyers of Nikola’s remaining assets in the coming days, said Vince Lorenz, Nations Capital director of fleet and valuations.
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