WASHINGTON — President Donald Trump will put in place 25% tariffs on imports from Canada and Mexico and 10% tariffs on goods from China effective Feb. 1, the White House said.
January 31, 2025Search
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Seth Clevenger and Mike Senatore dive into the Transport Topics Top 100 list of the largest logistics companies. They address trade challenges, mergers, sector trends and more.
ArcBest Sees Profit, Revenue Declines in Q4 2024
The Fort Smith, Ark.-based logistics company posted net income of $29 million, or $1.24 a diluted share, for the three months ending Dec. 31.
January 31, 2025Musk Fights Tariffs on Graphite From China
Elon Musk’s Tesla Inc. is spearheading an effort to block new tariffs on graphite imports from China, pitting Donald Trump’s richest backer against the president’s favorite economic tool.
January 31, 2025Mexico Warns Trump 25% Tariffs Would Be ‘Strategic Mistake’
Mexico’s government told President Donald Trump that his plan to place 25% tariffs on its goods would be a mistake that raises costs for U.S. consumers.
January 31, 2025Military Moving System Plagued by Late Pickups, Deliveries
About 1,000 service members have faced late pickups or deliveries of household goods under the initial phase-in of the Defense Department’s revamped system for relocations.
January 31, 2025Schneider Q4 Profit Rises 19% on Improved OR, Cowan Deal
A 19% gain in fourth-quarter profit at Schneider was propelled by the boost its dedicated operations received from the carrier’s acquisition of Cowan Systems, as well as improvements in its operating ratios.
January 31, 2025Trump Picks Chris Rocheleau for Interim FAA Chief
President Donald Trump has chosen Chris Rocheleau to lead the Federal Aviation Administration on an interim basis.
January 31, 2025Exxon, Chevron Succumb to Oil-Refining Slump as Tariffs Loom
Profits for Exxon Mobil and Chevron were slammed by slumping fuel margins as the prospect of U.S. tariffs on two major oil suppliers threatens to make the refining business even worse.
January 31, 2025US Inflation Ticked Higher in December
WASHINGTON — An inflation gauge closely watched by the Federal Reserve rose slightly last month, the latest sign that some consumer prices remain stubbornly elevated.
January 31, 2025Trump’s Potential Tariffs Are a Wild Card for US Economy
Tariffs that President Donald Trump plans to slap on imports from Canada and Mexico as soon as this weekend could drive up the price of gasoline, pickup trucks, avocados and more.
January 31, 2025