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Parcel Traffic to US Plunges After De Minimis Exemption Ends

Mon, 09/08/2025 - 09:41
Before the measure took effect, the postal union sent a letter to U.S. Secretary of State Marco Rubio to express concerns about its impact.

Uber Returns to Bond Market With Investment-Grade Sale

Mon, 09/08/2025 - 09:17
The sale represents Uber’s second as a blue-chip company after it tapped investors for $4 billion around a year ago. The proceeds will be used for general corporate purposes.

Hesai Launches $497 Million Hong Kong IPO Plan

Mon, 09/08/2025 - 09:07
Hesai, which raised $192 million in its U.S. initial public offering in 2023, was added to a Pentagon blacklist of companies linked to China’s military last year.

Hyundai Raid Spurs Trump Plan to Train US Battery Workforce

Mon, 09/08/2025 - 08:56
The crackdown has rattled South Korea and raised questions about the country’s willingness and ability to deliver promises it made to the Trump administration to invest in the U.S. 

Logistics Plus Buys LoadDelivered Logistics

Mon, 09/08/2025 - 08:52
LoadDelivered Logistics will continue operating under its established brand while working with Logistics Plus’ existing North American brokerage team.

China’s Export Growth Hits 6-Month Low in August

Mon, 09/08/2025 - 08:40
Overall sales abroad rose 4.4% in August from a year earlier to $322 billion, according to a statement from the General Administration of Customs on Sept. 8.

OPEC+ Output Signals Spur Options Bets Oil Will Tick Below $60

Fri, 09/05/2025 - 15:29
A flurry of bets on Brent crude falling below $60 a barrel this year changed hands recently, a sign investors are hedging against the risk of another large production hike from OPEC and its allies.

Trump’s Manufacturing Revival Faces Sharp Job Losses

Fri, 09/05/2025 - 12:24
Manufacturing payrolls fell for the fourth straight month in August, slipping by 12,000 from a month earlier, Bureau of Labor Statistics data released Sept. 5 showed.

Canada Launches $3.6 Billion Fund to Counter Tariff Damage

Fri, 09/05/2025 - 10:43
He also said his government would waive 2026 model year vehicles from Canada’s zero-emission standard and review the overall mandate, confirming a Bloomberg News report.

Freight Market Showed Hopeful Signs in Q2

Fri, 09/05/2025 - 09:48
The freight market showed signs of recovery in the second quarter despite ongoing issues preventing it from truly turning a corner, according to experts.

UAW Presses Lutnick to Slap Tough Tariffs on Truck Imports

Fri, 09/05/2025 - 09:46
Tariffs under Section 232 of the Trade Expansion Act are already in place for steel and aluminum and have compelled truck makers to increase their prices.

450 Workers Detained in Hyundai Georgia Plant Raid

Fri, 09/05/2025 - 09:02
The raid focused on the battery plant construction site and agencies are investigating allegations of unlawful employment practices and other serious federal crimes.

Tariff Red Tape Hits Small Businesses Hardest

Fri, 09/05/2025 - 08:28
Smaller firms in particular are struggling to cope with unprecedented requirements to trace paper trails for every widget and gadget, showing what’s in them and where they came from.

Trump Signs Order Finalizing Japan Tariff Pact With 15% Rate

Thu, 09/04/2025 - 16:13
President Donald Trump signed an executive order Sept. 4 implementing his trade agreement with Japan, under which the U.S. will impose a maximum 15% tariff on most of its products.

Mack Trucks Opens Order Book for Overhauled Anthem

Thu, 09/04/2025 - 13:31
Mack Trucks opened the order book for the revamped Anthem regional haul tractor Sept. 3, the company said.

Canada, US Explore Small Trade Agreements

Thu, 09/04/2025 - 13:21
Canada is facing tariffs on its steel, aluminum, auto and lumber exports, but minister Dominic LeBlanc didn't say whether quota limits in those sectors are part of the negotiations. 

GM Scales Back Chevy Bolt EV Launch Amid Tax Credit Cuts

Thu, 09/04/2025 - 12:28
GM is bracing for the early expiry of $7,500 in consumer tax credits for the purchase of EVs added during the Biden administration that President Trump and the Republican Congress have cut.

Chinese Firms Fuel Europe’s New Warehouse Boom

Thu, 09/04/2025 - 11:29
The world’s two largest economies have yet to reach a trade deal, and manufacturers in China have been seeking alternative markets for their goods as they brace for higher U.S. tariffs.

Deadline for Fiscal 2026 Bills Closing In on Congress

Thu, 09/04/2025 - 11:24
Lawmakers returned from their August recess staring at a deadline to finalize fiscal 2026 funding for the federal government.

Canada’s Exports Rise Despite Trump Tariffs

Thu, 09/04/2025 - 11:00
The country’s trade shortfall with the world was C$4.9 billion ($3.5 billion) in July, according to Statistics Canada data released Sept. 4.

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