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Updated: 2 hours 32 min ago

States Offer Business Opportunities Amid Tariff Turbulence

Mon, 05/19/2025 - 12:07
American and foreign companies can ride out federal tariff uncertainties by seeking business stability in states with favorable regulations, taxation policies and economic incentives.

Nippon Steel Plans to Invest in US Steel, Reuters Says

Mon, 05/19/2025 - 10:10
Nippon Steel plans to invest $14 billion in U.S. Steel if the Trump administration approves the merger of the companies, Reuters reported.

Saddle Creek Logistics to Lay Off 54 in Virginia

Mon, 05/19/2025 - 09:02
Saddle Creek Logistics plans to lay off 54 employees at its facility in South Richmond, Va., as freight shipping worldwide slows down because of uncertainty over tariffs and the economy.

Canada Says Most Tariffs on US Remain, Contradicting Report

Mon, 05/19/2025 - 08:09
Canada’s finance minister said the government kept 25% retaliatory tariffs on U.S. goods, disputing an Oxford Economics report that suggested it had paused the vast majority of those levies.

Aurora Reverses Course, Puts Human Back in Driver’s Seat

Fri, 05/16/2025 - 16:28
Aurora Innovation is putting a human back in front of the wheel of big rigs operating in Texas, reversing course less than three weeks after the company began commercial autonomous service.

Walmart Names Company Veteran to Manage International Growth

Fri, 05/16/2025 - 15:58
Walmart selected a company veteran to fill a newly created role that aims to spark international growth, as the world’s largest retailer looks to bolster its overseas operations.

DHL Buys IDS Fulfillment to Beef Up US E-Commerce Division

Fri, 05/16/2025 - 15:48
The acquisition of Plainfield, Ind.-based e-commerce fulfillment and retail distribution logistics provider IDS is intended to boost DHL’s reach among small and midsize customers.

DAT Buys Invoice Payment Specialist Outgo

Fri, 05/16/2025 - 15:18
In DAT’s second acquisition in six months, the Beaverton, Ore.-based company added automated invoice payment to the truckload freight marketplace and research group’s product suite.

Court Approves Sale of Seven Additional Ex-Yellow Terminals

Fri, 05/16/2025 - 12:47
The court overseeing the bankruptcy proceedings of Yellow Corp. approved the sale of a further seven terminals, according to a filing.

Oregon Delays Enforcement of Advanced Clean Trucks Rule

Fri, 05/16/2025 - 10:17
Oregon will delay enforcing a rule that requires truck makers to increase electric truck sales in light of industry difficulties and threatened federal funding cuts.

UN Forecasts Slower Global Economic Growth

Fri, 05/16/2025 - 09:24
The United Nations on May 15 forecast slower global economic growth this year and next, pointing to the impact of the surge in U.S. tariffs and increasing trade tensions.

Tariff Truce Boosts Global Shippers

Fri, 05/16/2025 - 08:41
Importers rushing to ship Chinese goods to the U.S. using a short reprieve from paralyzing tariffs could provide a much-needed boost to global freighters including Maersk and Cosco.

Quebec Investors to Acquire Bankrupt Lion Electric

Fri, 05/16/2025 - 08:01
An investor group involving Montreal real estate tycoon Vincent Chiara is set to take control of bankrupt Lion Electric, offering new capital to keep the electric bus and truck maker alive.

CVS Bids for Rite Aid Stores in Pacific Northwest

Thu, 05/15/2025 - 14:53
CVS Health is trying to buy stores and patient data from Rite Aid, the beleaguered pharmacy chain that is going out of business after filing for bankruptcy a second time earlier this month.

Deere Swells to Record on Optimism for Farm Economy

Thu, 05/15/2025 - 14:16
Deere & Co. jumped to a record after earnings beat the highest of analyst estimates, even as the world’s largest farm machinery maker trimmed its profit outlook for the year.

Fed’s Barr Says Supply Chain Chaos Could Boost Inflation

Thu, 05/15/2025 - 13:36
Federal Reserve Governor Michael Barr said the economy is on solid ground, but warned tariff-related supply chain disruptions could lead to lower growth and higher inflation.

FHWA Nominee McMaster Promotes Permitting Reform, Safety

Thu, 05/15/2025 - 12:42
Sean McMaster, nominee to lead the Federal Highway Administration, appeared before the Senate Environment and Public Works Committee on May 14, the first step of his confirmation process.

Ford Recalls 274,000 Navigator, Expedition SUVs

Thu, 05/15/2025 - 10:54
Ford is recalling nearly 274,000 of its Expedition and Lincoln-branded Navigator SUVs due to an issue that may cause a loss of brake function while driving, increasing crash risks.

House Panel Weighs Input on Highway Funding Priorities

Thu, 05/15/2025 - 10:16
The transportation panel in the U.S. House of Representatives recently reviewed proposals from its colleagues as a way to inform an upcoming multiyear highway policy measure.

Global Oil Demand Growth to Slow For Rest of 2025, IEA Says

Thu, 05/15/2025 - 09:18
Global oil demand growth will slow during the remainder of 2025 after a robust first quarter due to “economic headwinds,” the International Energy Agency said.

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