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Tesla Plunges After Trump-Musk Conflict Erupts

Tesla's shares sank as Elon Musk and President Donald Trump’s simmering feud devolved into a public war of words between two of the world’s most powerful people.

June 5, 2025

US Steel Deal With Nippon Seen Closing by Merger Deadline

Nippon Steel and United States Steel are on pace to finalize their $14.1 billion combination with President Donald Trump’s administration ahead of a deal deadline later this month.

June 5, 2025

CVSA to Enforce English Tests for Truck Drivers Starting June 25

CVSA inspectors on June 25 will begin issuing out-of-service violations for truckers unable to pass roadside tests for communicating in English and understanding road signs.

June 5, 2025

Cargo Theft Gets More Sophisticated, Experts Warn

The trucking industry continues to confront an evolving cargo theft landscape, with experts signaling the spread of more sophisticated operations during the first quarter.

June 5, 2025

PHMSA Seeks Industry Input to Streamline Regulations

The Department of Transportation’s Pipeline and Hazardous Materials Safety Administration is asking stakeholders to assess ways the agency can optimize efficiencies.

June 5, 2025

EU Launches Tool to Monitor Trade Diversion From Tariffs

The European Commission has launched a surveillance tool to monitor any trade diversion resulting from U.S. tariffs, as initial results revealed a surge of imports in many goods.

June 5, 2025

Trump Says US and China Will Resume Trade Talks

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, 2025

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, 2025

Trump 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, 2025

Mercedes, 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, 2025