General News
US Ports Show Mixed Results in June
“July may be our peak season month as retailers and manufacturers bring orders in earlier than usual, then brace for trade uncertainty," said Port of Los Angeles' Gene Seroka.
XPO Reports Unchanged Revenue at $2.08 Billion for Q2
The Greenwich, Conn.-based less-than-truckload carrier posted net income of $106 million, or 89 cents a diluted share, for the three months ending June 30.
FMCSA Nominee Derek Barrs Moves to Senate Floor
Derek Barrs, nominated by President Donald Trump to the top post at the Federal Motor Carrier Safety Administration, was easily approved by the Commerce Committee July 30.
C.H. Robinson Reports Earnings Growth on Lower Revenue
C.H. Robinson delivered an earnings increase during the second quarter, despite lower revenue, with the execution of its strategic initiatives, the company reported July 30.
Trump Announces 90-Day Negotiating Period With Mexico
Trump said that goods from Mexico imported into the U.S. would continue to face a 25% tariff, and that autos would face a 25% tariff, while copper, aluminum and steel would be taxed at 50%.
Trump Tariffs Face Major Legal Test as Aug. 1 Deadline Looms
A loss for the government would raise questions about the validity of Trump’s recent trade deals.
Pakistan, US Sign Trade Deal to Drill Oil, Boost Market Ties
The pact involves a reduction of the so-called reciprocal tariffs, especially on Pakistani exports, but no details on tariffs were shared by either side.
Ford Sees Profit Drop With Tariff Cost Rising to $2 Billion
Ford warned profit this year will see a sharp drop on the growing fallout from President Donald Trump’s tariffs, underscoring the policy shifts in Washington that are upending the auto industry.
Key Inflation Gauge Rises as Tariffs Lift Consumer Prices
Prices rose 2.6% in June compared with a year ago, the Commerce Department said July 31, up from an annual pace of 2.4% in May.
Aurora Begins Nighttime Autonomous Truck Service
Daytime autonomous runs on the Dallas-Houston corridor laid the groundwork for the new overnight service, which more than doubles each truck’s utilization potential.
Trump Unleashes Flurry of Trade Deals on Eve of Deadline
Trump on July 31 announced tariffs of 15% on imports from South Korea that matched the rate for neighbor Japan, and a painful 25% levy on imports from India.
Trump to Leverage Canada’s Palestine Stance in Trade Talks
Trump has threatened to impose a 35% tariff on Canada if no deal is reached by Aug. 1.
Trump Delays 50% Brazil Levy, Excludes Orange Juice, Embraer
President Donald Trump delayed the implementation of 50% tariffs on Brazilian exports by seven days while exempting many products from the punishing levy.
Trump Ends Tariff Break for Low-Value Imported Goods
President Donald Trump on July 30 signed an executive order suspending the de minimis exemption, applying tariffs to low-value imports from all trading partners.
Trump Spares Copper Market From Worst With 50% Duty on Products
President Donald Trump imposed a 50% tariff on all semi-finished copper products coming into the U.S. but stopped short of applying the duty to imported refined copper.
Ohio to Add 1,400 Long-term Truck Parking Spots
Ohio aims to lead the nation with the most long-term truck parking spots on state property by adding 1,400 new spaces in 33 locations, Gov. Mike DeWine announced.
Federal Reserve Leaves Interest Rates Unchanged
Chair Jerome Powell has said the Fed would likely have cut rates already if not for President Donald Trump’s sweeping tariffs.
ODFL Q2 Profit Slides 16.6% as Market Weakness Persists
Profit and revenue at Old Dominion Freight Line fell in the second quarter, but senior executives said clarity is growing on how the ongoing freight recession might start to see an upturn.
Defense Bill Would Prioritize Restroom Access for Truckers
When Congress resumes its legislative calendar after the August recess, lawmakers will consider comprehensive defense policy legislation linked to the trucking sector.
Landstar Reports Earnings, Revenue Decline for Q2
Landstar System’s revenue and earnings declined from the prior year during the second quarter of 2025, the company reported July 29.