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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.

May 12, 2025

Aramco Profit Down $4.6% to $26 Billion

Saudi Arabia’s state-owned oil giant Aramco posted Q1 profit of $26 billion on May 11, down 4.6% from the prior year as falling global oil prices undermine the kingdom’s development plans.

May 12, 2025

Senate GOP Seeks to Revoke California Emissions Powers

Senate Republicans are developing a strategy to formally push back on certain Biden-era emissions waivers granted to the state of California.

May 12, 2025

NYC Expands Weigh-in-Motion Program for Trucks

The New York City Department of Transportation will expand a program to fine overweight trucks on major infrastructure.

May 12, 2025

US, China Pause Tariffs for 90 Days

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.

May 12, 2025

Trump to Ease Regulations With Three Executive Orders

President Donald Trump is expected to sign a trio of new executive actions designed to reduce the impact of regulations — part of an effort the White House has said will spur economic growth.

May 9, 2025

Performance of Military Moving Contract Called Into Question

Concerns are mounting that the $17.9 billion military Global Household Goods contract is falling short, notably by transferring large numbers of moves back to the legacy moving program.

May 9, 2025

Calif. Drayage Fleets Face Battery-Electric Truck Dilemma

Carriers in California won’t be doing a U-turn on the highway to battery-electric truck adoption despite regulatory change, but executives say the thoroughfare needs some maintenance.

May 9, 2025

Tariffs Start to Bite US Farmers and Ag Suppliers

Lack of clarity on how the Trump administration will address much-needed incentives for crop-based fuels in the next few years has added to concerns.

May 9, 2025