President Donald Trump said he plans to be āvery niceā to China in any trade talks and that tariffs will drop if the countries can reach a deal, a sign he may be backing down from his tough stance.
April 23, 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.
Norfolk Southern Profit Increases in Q1
Norfolk Southernās quarterly profits were again inflated by insurance payments related to its disastrous 2023 derailment in Ohio, but even without that, the railroadās profits grew.
April 23, 2025Volvo Q1 Profit Falls 29% as Tariffs Cloud Outlook
Volvo Group profit slumped 29% year over year in the first quarter of 2025 as uncertainty around tariffs and the impact on global trade hurt truck demand in North America and Europe.
April 23, 2025Trump Softens Tone on Tariffs, Says He Wonāt Fire Powell
President Donald Trump allayed fears that he plans to fire Fed Chair Jerome Powell and signaled he would be "very nice" to China in trade talks.
April 23, 2025Tesla Profit Falls 71%, Revenue Drops 9% in Q1
Elon Musk says heāll be spending less time in Washington slashing government costs and more time running Tesla after his electric vehicle company reported a big drop in profit.
April 23, 2025US-China Tariffs Hit Amazon, FedEx, UPS Distribution Links
President Donald Trumpās tariffs on Chinese imports threaten to disrupt Southern Californiaās trade and logistics economy, a sector that moves a third of the nationās container cargo.
April 22, 2025Bessent Predicts US-China Trade De-Escalation
But in a private speech in Washington for JPMorgan Chase, Treasury Secretary Scott Bessent also cautioned that talks between the United States and China had yet to formally start.
April 22, 2025Tariffs Hit Halliburtonās Core Fracking Business
The dominant North American oil field services provider told investors April 22 on a conference call that tariffs will have an impact of 2 to 3 cents per share during the second quarter.
April 22, 2025FitzMark Acquires High Point Logistics, Pentonix Freight
FitzMark expanded its footprint in the freight brokerage sector by acquiring High Point Logistics and Pentonix Freight.
April 22, 2025Diesel Price Falls 4.5Ā¢ to $3.534 a Gallon
The national average diesel price fell 4.5 cents a gallon to $3.534, according to U.S. Energy Information Administration data released April 22.
April 22, 2025