The European Union approved tariffs to hit around $23.2 billion of U.S. goods in retaliation for the 25% duties President Donald Trump imposed last month on steel and aluminum exports.
April 9, 2025Trucking Business News
Transport Topics business coverage focuses on the financial, economic, and commercial aspects of the modern freight business. Looking at both the microeconomic and macroeconomic forces shaping bottom lines, the news in this category includes labor news, jobs reports, tonnage and sales indicators, operations analysis, money and banking, mergers, acquisitions, e-commerce, bankruptcy, insurance issues, and more.
US Exits Talks on Carbon Cutting Goal for Ships
The U.S. abandoned global talks aimed at cutting shippingās carbon emissions and threatened to counter against any fees that the countryās merchant fleet incurs if the initiative proceeds.
April 9, 2025China Raises Its Retaliatory Tariff on US to 84%
China again vowed to āfight to the endā April 9 in an escalating trade war with the U.S. as it announced it would raise tariffs on American goods to 84% from April 10.
April 9, 2025Mack Trucks Launches Pioneer Class 8 Tractor
Mack Trucks unveiled its newest Class 8 model, the Mack Pioneer, which officials touted as its most aerodynamic and driver-focused highway truck to date.
April 8, 2025Mack Aims Pioneer at Longhaul Segment
Gunnar Brunius, Mack Trucks vice president of Lehigh Valley Operations, couldnāt hide his enthusiasm in comparing the newest model, Pioneer, to the former standard-bearer, Anthem.
April 8, 2025Freight Marketplace Cargado Raises $12M to Expand Operations
Load board company Cargado gained $12 million through a recent funding round with the aim of bolstering its cross-border freight marketplace, the company announced April 7.
April 8, 2025Tariff Fears Drive Surge in Consumer Spending
Trumpās tariffs are rattling U.S. consumers, who are stocking up on everything from cars to olive oil and iPhones. The behavior offers some good news for scrambling businesses.
April 8, 2025UPS Targets LTL, E-Commerce With New Delivery Options
The logistics giant this week introduced UPS Ground Saver and UPS Ground with Freight Pricing, both part of a broader strategy to compete more aggressively in the evolving delivery market.
April 8, 2025US Vows to Shield Panama Canal From China Threat
Pete Hegseth's visit comes amid tensions over President Trumpās assertions that the U.S. is being overcharged to use the Panama Canal and that China has influence over its operations.
April 8, 2025Patton Logistics Group Makes $10M Expansion in Virginia
The Patton Logistics Group announced a $10 million expansion in Virginia, which will add a 100,000-square-foot warehouse and distribution facility to the companyās footprint in the state.
April 8, 2025Trending
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