General News
Jobs at the Port of Los Angeles Are Down by Half
Job opportunities at the Port of Los Angeles are dwindling as President Donald Trump’s steep tariffs take a hit on global trade and a major economic engine for the regional economy.
Cyberattack at United Natural Foods Affects Orders
United Natural Foods has taken some of its systems offline while it investigates “unauthorized activity” with outside cybersecurity help.
Tesla Hit With Stock Downgrades Amid Fallout From Trump Feud
Tesla received a pair of downgrades on June 9, with analysts warning that Elon Musk’s electric vehicle company is facing a highly uncertain outlook, especially on the political front.
FMCSA Offers $89.4 Million in CDL Safety Grants
FMCSA is seeking grant applications by July 7 for $89.4 million in Commercial Driver’s License Program Implementation funds to improve highway safety.
Transportation Chief Moves to Weaken Fuel Economy Standards
Transportation Secretary Sean Duffy said in a rule June 6 that Biden-era fuel economy standards for gas-powered cars and trucks are illegal and moved to reverse them.
Trade Talks With China Start Today
High-level delegations from the United States and China are meeting in London on June 9 to try to shore up a fragile truce in a trade dispute that has roiled the global economy.
Tariffs, Uncertainty Offer 3PLs a Rare Opportunity
To take full advantage, 3PLs must forge better relationships with less-than-truckload and last-mile carriers among other tweaks to their business activities, CSCMP's report said.
Ship OGRE Continues Expansion, Growth and Innovation to Transform Logistics
Ship OGRE (OGRE), a pioneering force in brokerage and logistics technology, is proud to announce the successful acquisition, transformation, and tech-acceleration of Amino Transport, Inc. (Amino), a large Texas-based third-party logistics provider. By integrating Amino into OGRE’s revolutionary "Ship Like a Beast" platform, OGRE reaffirms its commitment to redefining the logistics industry through unprecedented efficiency and customer satisfaction.
Tesla’s EV Deliveries Dropping as Demand Erodes Sharply
Wall Street is reining in expectations for Tesla deliveries as the Elon Musk-run automaker struggles with waning consumer demand and the threat of reduced U.S. federal incentives for EVs.
Walmart CFO Says Shoppers Remain Focused on Food, Essentials
Walmart said shoppers are still spending about the same as they did a year or two ago, with a focus on food and essentials over discretionary purchases.
Kendra Tucker Exits as Truckstop CEO, Scott Moscrip Returns
The move brings the longtime freight technology executive back to the company he founded in 1995, as Truckstop undergoes a leadership shift during what it called a “pivotal” period.
Poll: Canadians to Ditch US Travel Over Tariffs, State Jabs
Most Canadians say they plan to shun U.S. travel this summer as the trade war between the two countries continues, according to a poll by Leger Marketing.
US, Chinese Negotiators to Meet in London for Trade Talks
President Donald Trump said U.S. and Chinese negotiators will resume trade talks on June 9 in London, as the world’s two largest economies look to resolve a simmering dispute over tariffs.
Court Fight Over Small-Package Tariff Exemption Goes Forward
A court fight over President Donald Trump’s decision to end a U.S. policy that exempted small-value packages from China from tariffs is moving ahead over the administration’s opposition.
Herc Rentals Closes $3.9 Billion Merger With H&E
“The acquisition of H&E accelerates Herc’s proven strategy and strengthens our position as a premier rental company in North America,” said Herc CEO Larry Silber.
Dutch Firm NewCold to Open Storage Site Near Port of Baltimore
Maryland Gov. Wes Moore announced that Dutch company NewCold will spend $275 million on a high-tech storage facility near the Port of Baltimore that is expected to create about 150 jobs.
EV Truck Maker Bollinger Motors Restructures With New CEO
Electric truck maker Bollinger Motors will live on after it emerged from receivership with a new CEO and ownership structure.
Japan, US Start Tariff Talks Amid Reports on Cars
Japan and the U.S. have begun trade negotiations, with media reports suggesting Tokyo’s delegation is trying to win a reprieve from the tariffs by pledging to make more cars in the U.S.
Hiring Slows, but Solid 139,000 Jobs Added in May
U.S. employers slowed hiring last month, but still added a solid 139,000 jobs amid uncertainty over President Donald Trump’s trade wars.
Businesses Expect to Pass Along 50% of Tariffs, Survey Finds
Business expect to pass through roughly half of tariff-related expenses to U.S. consumers still reeling from the pandemic-era inflation surge, according to a new survey.