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Updated: 1 hour 35 min ago

GOP Bill Would End Duty-Free Imports of Cheap Foreign Goods

Tue, 05/13/2025 - 15:36
House Republicans have proposed using their giant tax and spending bill to end duty-free imports of cheap foreign goods, a perk companies have used to grow their U.S. business for the past decade.

Feds Question Musk, Tesla on Safety of Driverless Taxis

Tue, 05/13/2025 - 15:02
Federal safety regulators have asked Elon Musk and Tesla to explain how its driverless taxis will avoid causing accidents when they hit the road in Texas next month before a national rollout.

Landstar Posts Q1 Revenue of $1.15B After Fraud-Related Delay

Tue, 05/13/2025 - 13:35
Landstar System reported its first-quarter earnings following a two-week delay caused by a supply chain fraud incident, the company said May 13.

CVSA to Urge FMCSA to Limit Truck Driver Conveyance Time

Tue, 05/13/2025 - 13:20
Inspectors have quietly gathered data on truck driver personal conveyance time and are making plans to soon ask regulators to limit the use of conveyance time to two hours.

Hess Blames Tariffs for Delaying Toy Truck Release

Tue, 05/13/2025 - 12:46
Hess, the U.S. oil producer widely known for its signature green-and-white toy trucks, said the release of a collection of new miniature vehicles was delayed because of trade tariffs.

Companies Ramp Up Production to Hit 90-Day Tariff Window

Tue, 05/13/2025 - 11:04
It may only be a 90-day reprieve from the steepest of President Donald Trump’s China tariffs, but it’s enough time to entice companies to restart factory operations and start shipping.

Diesel Drops 2.1¢ to $3.476 in Fifth Straight Decline

Tue, 05/13/2025 - 10:58
The national average diesel price dipped 2.1 cents a gallon to $3.476, the fifth straight decline, according to U.S. Energy Information Administration data released May 13.

April Class 8 Truck Sales Slip 8.7% as Market Slump Persists

Tue, 05/13/2025 - 09:36
U.S. Class 8 retail sales closed in on nearly two years of year-over-year declines in April, according to data from Wards Intelligence.

Saudi Aramco to Spend $3.4B on Motiva Refinery in Texas

Tue, 05/13/2025 - 09:13
Saudi Aramco plans to spend $3.4 billion on its Motiva refinery in Texas, the largest fuelmaking plant in the U.S.

Inflation Slows, but Economists Say Tariff Impacts to Come

Tue, 05/13/2025 - 08:40
Inflation cooled for the third straight month in April even after some U.S. tariffs took effect, though economists and many business owners expect inflation will climb in the coming months.

Freight Rates Set to Rise on Pacific Shipping Frenzy

Tue, 05/13/2025 - 08:00
A China-U.S. deal to slash trade tariffs is set to push freight rates higher, as companies rush to use a 90-day grace period to ferry goods across the Pacific Ocean.

GOP Wants to Phase Out Biden EV Credits to Pay for Tax Cuts

Tue, 05/13/2025 - 06:00
House Republicans are proposing to eliminate a tax credit for electric vehicles and phase out incentives for the production of clean energy to help pay for President Donald Trump’s massive tax package.

US Businesses Relieved Over Tariff Pause but Still Anxious

Mon, 05/12/2025 - 15:45
American businesses that rely on Chinese goods reacted with muted relief May 12 after the U.S. and China agreed to pause their exorbitant tariffs on each other’s products for 90 days.

French Shipping Giant CMA CGM Hails US-China Deal

Mon, 05/12/2025 - 14:29
Rodolphe Saade, CEO of CMA CGM SA, hailed a truce in the trade war between Washington and Beijing.

US Tariff Revenue Jumps in April Before China De-Escalation

Mon, 05/12/2025 - 14:00
The U.S. collected a record amount of revenue from tariffs in April, helping to limit a further widening of the budget deficit.

GM Hires Aurora Co-Founder Sterling Anderson

Mon, 05/12/2025 - 12:56
GM has hired Sterling Anderson, the former director of Tesla’s Autopilot program and a co-founder of autonomous startup Aurora, as chief product officer overseeing all vehicle development.

Crossword Puzzle Solution for May 12, 2025

Mon, 05/12/2025 - 12:30
Here's the solution to the crossword puzzle found in the May 12, 2025 print edition.

Aramco Profit Down $4.6% to $26 Billion

Mon, 05/12/2025 - 12:09
Saudi Arabia’s state-owned oil giant Aramco posted Q1 profit of $26 billion on May 11, down 4.6% from the prior year as falling global oil prices undermine the kingdom’s development plans.

Last-Mile Carriers Push Tech Providers Toward Innovation

Mon, 05/12/2025 - 10:58
Last-mile delivery companies, which have always aimed for access to real-time visibility and advanced route optimization, face pressure to better use vehicles and make fast deliveries.

Senate GOP Seeks to Revoke California Emissions Powers

Mon, 05/12/2025 - 09:19
Senate Republicans are developing a strategy to formally push back on certain Biden-era emissions waivers granted to the state of California.

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