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Court Approves Sale of Seven Additional Ex-Yellow Terminals

The court overseeing the bankruptcy proceedings of Yellow approved the sale of a further seven terminals, according to a filing.

May 16, 2025

Fed’s Barr Says Supply Chain Chaos Could Boost Inflation

Federal Reserve Governor Michael Barr said the economy is on solid ground, but warned tariff-related supply chain disruptions could lead to lower growth and higher inflation.

May 15, 2025

House Panel Weighs Input on Highway Funding Priorities

The transportation panel in the U.S. House of Representatives recently reviewed proposals from its colleagues as a way to inform an upcoming multiyear highway policy measure.

May 15, 2025

Walmart Says It Will Raise Prices Due to Tariff Costs

Walmart’s first-quarter profit slipped and it said it must raise prices due to higher costs from tariffs implemented by President Donald Trump.

May 15, 2025

International Trade: US, China Pause Tariffs for 90 Days

The U.S. agreed to drop its 145% tariff rate on Chinese goods by 115 percentage points to 30%, while China agreed to lower its rate on U.S. goods by the same amount to 10%.Ìý

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May 14, 2025

Hapag-Lloyd CEO Sees ‘Huge Surge’ in Volume in Last Few Days

Hapag-Lloyd is seeing a jump in business after the U.S. and China lowered tariffs, the company’s CEO said, as the trade war ceasefire unleashes a wave of pent-up demand for shipping.

May 14, 2025

US-China Tariffs Deal Eases Burden on Inexpensive Packages

Online U.S. shoppers will see a price break on their purchases valued at less than $800 and shipped from China after the Trump administration reached a truce with Beijing over tariffs.

May 14, 2025

GOP Bill Would End Duty-Free Imports of Cheap Foreign Goods

House Republicans have proposed using their tax and spending bill to end duty-free imports of cheap foreign goods, a perk companies have used to grow their U.S. business for the past decade.

May 13, 2025

Landstar Posts Q1 Revenue of $1.15B After Fraud-Related Delay

Landstar System reported its first-quarter earnings following a two-week delay caused by a supply chain fraud incident, the company said May 13.

May 13, 2025