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Trump Holds Firm on Tariffs Before China Negotiations

“No,” President Donald Trump said when asked by a reporter if he is open to pulling back his 145% duties on Chinese imports to get the world’s second-largest economy to the negotiating table.

May 7, 2025

USPS Eyes FedEx’s David Steiner for Postmaster General Role

The USPS board has spent months looking for a new leader after Louis DeJoy abruptly resigned in March. DeJoy had pushed for sweeping changes to promote efficiency at the postal service.

May 7, 2025

Ford Hikes Prices on Mexico-Made Models by as Much as $2,000

Ford is boosting sticker prices on models it builds in Mexico by as much as $2,000 even after its CEO said it would hold the line on pricing to see how rivals would react to 25% auto tariffs.

May 7, 2025

Emission Rules in Flux; Truck Makers Stay the Course

Alterations to federal emission regulations for Class 8 trucks are likely in the coming months, but the timeline for those changes is unclear, according to industry observers.

May 9, 2025

Container Lines Begin Canceling US-China Shipping Routes

Container liners are starting to sever shipping routes that link the U.S. and China across the Pacific, as President Donald Trump’s trade war upends the industry.

May 7, 2025

China Agrees to Trade Talks With US

China announced a barrage of measures meant to counter the blow to its economy from U.S. President Donald Trump's trade war, as the two sides prepared for talks later this week.

May 7, 2025

Tariffs Force Rivian to Lower Annual Delivery Outlook

The company now expects to sell 40,000 to 46,000 battery-powered pickups, SUVs and delivery vans this year, it said May 6 while reporting first-quarter results.

May 6, 2025

Labor Department Reviewing Independent Contractor Rule

The Labor Department is reviewing the Biden administration’s 2024 worker classification guidance, which directs employers on how to determine whether a worker is an employee or independent contractor.

May 6, 2025

Weak US On-Highway Truck Demand Drags on Q1 Cummins Revenue

Equipment manufacturer Cummins saw revenue fall in Q1 on the back of weaker on-highway truck sales in both North and South America and broad buyer worry about business trends.

May 6, 2025