It’s now unclear whether Ohio will build any more of the federally funded charging stations, as President Donald Trump’s team has directed all states to halt new spending of the money.
February 11, 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.
Wisconsin Grants $100 Million for Ag, Forestry Road Repairs
Wisconsin Gov. Tony Evers has awarded $100 million to the state transportation department to spend on 55 projects repairing rural roads to better move agricultural and forestry products.
February 11, 2025Powell Signals No Rush to Cut Interest Rates Further
“We know that reducing policy restraint too fast or too much could hinder progress on inflation,” Powell said in prepared testimony for the Senate Banking Committee.
February 11, 2025GM and Ford Lobby to Save EV Tax Incentives
Among the options being floated if the Trump administration moves to strike EV incentives is a three-year wind down to allow more time for the companies to adjust their businesses.
February 11, 2025Trump Considers Tariff Exemption on Australian Metals
President Donald Trump said he agreed to consider a tariff exemption on Australian steel and aluminum imports after a telephone call on Feb. 11 with Australia’s prime minister.
February 11, 2025Reefer Demand Drop Fails to Cool Carrier Q4 Earnings Growth
Carrier Global overcame weaker demand for refrigeration units from the North American trucking sector to post higher profit and sales in the fourth quarter of 2024, the company said Feb. 11.
February 11, 2025Ford CEO Says Tariffs Would ‘Blow a Hole’ in Auto Industry
Ford CEO Jim Farley will travel to Washington on Feb. 12 to warn Congress that the 25% tariffs President Donald Trump has proposed on Canada and Mexico would “blow a hole” in the auto industry.
February 11, 2025Mexico to Start Talks With US on Steel, Aluminum Tariffs
Mexico will consult with the U.S. to explain why it considers the steel and aluminum tariffs ordered by President Donald Trump as “not justified,” said Economy Minister Marcelo Ebrard.
February 11, 2025EU Vows to Tax US Bourbon, Jeans, Peanut Butter, Motorcycles
U.S. tariffs on steel and aluminum “will not go unanswered,” European Union chief Ursula von der Leyen vowed on Feb. 11, adding that they will trigger tough countermeasures.
February 11, 2025Elliott Builds More Than $2.5 Billion Stake in Phillips 66
Elliott Investment Management has built a more than $2.5 billion stake in oil refiner Phillips 66, and plans to push the company to sell or spin off its midstream business, Bloomberg reports.
February 11, 2025