President Donald Trump said his conversation with Chinese leader Xi Jinping had a “very positive conclusion” on June 5, announcing that the two countries will hold trade talks.
June 5, 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.
US Trade Deficit Narrows by Most on Record as Imports Plunge
The U.S. trade deficit narrowed in April by the most on record on the largest-ever plunge in imports, illustrating an abrupt end to the massive front-loading of goods by some companies.
June 5, 2025Trump Speaks With Xi Amid Stalled Tariff Talks
President Donald Trump and his Chinese counterpart, Xi Jinping, have spoken amid stalled negotiations between both countries over tariffs that have roiled global trade.
June 5, 2025Mercedes, BMW, Others Step Up Response to China Export Curbs
Automakers in the U.S. and Europe raised concerns about China’s export controls on rare earth metals, as Beijing’s move threatens to disrupt global car production.
June 4, 2025Trump Gets Tentative Win From CBO Tax and Tariff Estimates
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, 2025Canada 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, 2025