General News
Senate Makes Commercial Transportation Policy a Priority
Committees in the GOP-led Senate took aim at commercial transportation and emissions policies as they seek to finalize their response to the House-passed procedural budget package.
Montway’s Tom Gartland Focuses on Culture at 100 MPH
Montway Auto Transport CEO Tom Gartland discusses the company's acquisition of luxury car broker Angels Moving Autos and his leadership philosophy.
Micron Pledges $200 Billion Investment in US Manufacturing
Chipmaker Micron Technology said it will spend about $200 billion on U.S. manufacturing, research and development.
Trump Says Again He’ll Set Unilateral Tariffs in 2 Weeks
President Donald Trump said he intended to send letters to trading partners in the next one to two weeks setting unilateral tariff rates, ahead of a July 9 deadline to reimpose higher duties.
Amazon Exerts More Control Over Whole Foods
Amazon is exerting more control over Whole Foods Market, largely ending the independence the grocery chain had retained since being acquired eight years ago.
Trump to Block California’s Vehicle Emissions Rules
President Donald Trump is expected to sign a measure June 12 that blocks California’s first-in-the-nation rule banning the sale of new gas-powered cars by 2035, a White House official told AP.
Canada Weighs Stronger Tariffs on Foreign Steel
“We cannot accept any form of unfair practices from different countries when it comes to our Canadian market. That’s enough,” Industry Minister Melanie Joly told reporters on June 11.
Tariff Revenue Hits Record $23 Billion in May
U.S. customs duties climbed to a record in May, helping shrink the budget deficit for the month, while doubts remain about the persistence of the inflows.
Senate Panel Approves FHWA Administrator Nominee McMaster
A Senate committee on June 11 approved the nomination of Sean McMaster to become administrator of the Federal Highway Administration.
Export Controls Now on the Table in China Trade Talks
At the heart of the policy shift is China’s stranglehold over rare earths and its decision to restrict supply to American manufacturers reliant on the key inputs.
XPO Opens Its Largest Facility, Employing 450 in Pennsylvania
XPO has opened its largest operation, a 273,000-square-foot facility on 121 acres near Carlisle, Pa., that is one of 28 former Yellow facilities that XPO purchased for about $800 million.
New Trucking Technology Raises Cybersecurity Risks
The trucking and logistics sector is grappling with rising network complexity and risk with the increasing pressure to adopt new applications, according network technology firm Aryaka.
Auto Parts Supplier Marelli Blames Tariffs for Bankruptcy
Marelli Holdings filed bankruptcy in the U.S., saying its latest debt-cutting effort was prompted by tariffs.
EU Sees US Trade Talks Extending Beyond July Deadline
The European Union believes trade negotiations with the U.S. could extend beyond President Donald Trump’s July 9 deadline, even as the speed of the talks has increased over the past week.
Trump Tariffs Can Stay in Effect Longer, Appeals Court Says
President Donald Trump can continue to enforce his global tariffs for now, a federal appeals court held in a win for the president on one of his signature economic policies.
Inflation Up Slightly in May as Grocery Prices Ticked Higher
U.S. inflation picked up a bit last month as food costs rose, though overall inflation remained mostly tame. Consumer prices increased 2.4% in May compared with a year ago.
GM to Invest $4B to Shift Some Production From Mexico to US
GM announced plans to invest $4 billion to shift some production from Mexico to U.S. manufacturing plants as the automaker navigates tariffs that could drive prices higher.
Autonomous Truck Firm Plus to Go Public Via Churchill SPAC
Teaming up with the SPAC controlled by former investment banker Michael Klein will put a valuation of $1.2 billion on Plus. The combined entity will be known as PlusAI.
Musk Moves Tesla’s Robotaxi Launch ‘Tentatively’ to June 22
Elon Musk says Tesla is “tentatively” set to begin providing robotaxi service in Austin, Texas, on June 22.
Trump: US Gets Rare Earth Minerals From China in 'Done' Deal
President Donald Trump announced June 11 that the United States will get magnets and rare earth minerals from China under a new trade deal and that tariffs on Chinese goods will go to 55%.