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China’s Exports to US Sink 21% as Tariffs Hit Global Trade

China’s exports to the U.S. tumbled in April while its trade with other economies surged, suggesting that tariffs are hastening a shakeup in global supply chains.

May 9, 2025

Trump Floats Cutting China Tariffs to 80% to Cool Trade War

President Donald Trump on May 9 floated cutting tariffs on China from 145% to 80% ahead of a weekend meeting among top U.S. and Chinese trade officials as he looks to de-escalate the trade war.

May 9, 2025

GXO Logistics Reports Q1 Revenue Increase to Nearly $3 Billion

GXO Logistics experienced an increase in revenue but a loss in earnings during the first quarter of 2025, the company reported May 8.

May 8, 2025

Breaking: Aurora’s Autonomous Trucks Hit the Highway

Aurora InnovationÌýÌýthe nation’s first commercial driverless freight service, sending autonomous 18-wheelers between Dallas and Houston without a human behind the wheel.Ìý

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May 8, 2025

Trump Hints at Tariff Rollback if China Talks Succeed

Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer are set to meet in Switzerland with Chinese Vice Premier He Lifeng on trade in the coming days.

May 8, 2025

Food and Beverage Fleets Adopt Sustainable Practices

Private fleets operating in the food and beverage sector are demonstrating effective use cases for electric-powered trucks, electric transport refrigeration units and alternative fuels.

May 8, 2025

Inflation Expectations Hit Nearly 3-Year High

Median expectations for inflation three years from now rose to 3.2% in April, the highest reading since July 2022. Estimates for year-ahead price growth, however, held steady.

May 8, 2025

Forward Air Reports Revenue Growth, Smaller Net Loss in Q1

Forward Air Corp. experienced a year-over-year increase in revenue and a smaller net loss amid efforts to improve operations during the first quarter of 2025, the company reported May 7.

May 8, 2025

US Imports Slow as Trump Tariffs Ripple Through Supply Chain

The slowdown of U.S. imports due to tariffs is expected to have downstream effects on the rest of the supply chain, including trucking, according to experts.

May 8, 2025