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.
June 4, 2025Search
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Justin Olsen, maintenance director at TCW, breaks down the hidden impact of poor trailer management on operations, compliance and safety.
Canada Prime Minister Carney Holds Back on Tariff Retaliation
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.
June 4, 2025Fleet Margins Set to Shrink Again in 2025, CSCMP Finds
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.
June 4, 2025Daimler 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.
June 4, 2025Mexico Will Ask US Government for Steel Tariff Exemption
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.
June 4, 2025Senate Panel Advances Moving Industry Freight Fraud Bill
Bipartisan legislation seeking to enhance consumer protections in the moving industry was recently approved by a Senate committee.
June 4, 2025UK 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.
June 4, 2025Hiring Cools to Slowest Pace in Two Years, ADP Data Shows
Hiring decelerated to the slowest pace in two years as sectors including transportation shed jobs, pointing to a weakened demand for workers.
June 4, 2025Trump: China’s Xi Is ‘Extremely Hard to Make a Deal With’
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.
June 4, 2025US and EU Trade Negotiators Discuss Tariffs in Paris
Europe and the United States are meeting in Paris to negotiate a settlement of a tense tariff spat with global economic ramifications between two global economic powerhouses.
June 4, 2025