Hopes for President Donald Trump to strike a last-minute deal with China on tariffs appeared distant.
April 8, 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.
Keystone Oil Pipeline Is Shut After a Spill in North Dakota
South Bow鈥檚 Keystone oil pipeline has been shut after a spill in southeast North Dakota, according to an official with the state Department of Environmental Quality.
April 8, 2025Daimler Truck North America Sales in Q1 Slide 16%
Daimler Truck North America sold 38,992 trucks and buses in Q1 2025, a decrease of 16% compared with 46,229 vehicles in the same period in 2024, parent company Daimler Truck said April 8.
April 8, 2025Panama Auditor Says Port Operator Owes Millions
Panama鈥檚 top auditor accused port operator CK Hutchison of wrongdoing, providing a potential path for the聽 country to wrest control of canal facilities caught in a U.S.-China tug-of-war.
April 8, 2025NYC Congestion Pricing Likely to Continue for Months
New York City鈥檚 congestion pricing program is likely to remain in place for the next several months while legal wrangling between state officials and the Trump administration continues.
April 8, 2025Continental to Offload ContiTech Industrial Unit
Continental AG is returning to its roots, abandoning decades of expansion into auto and industrial parts to focus on its more profitable tires business.
April 8, 2025Trump Dismisses Last-Gasp EU Push to Stop Tariffs Kicking In
President Donald Trump rejected an EU proposal to drop tariffs on all bilateral trade in industrial goods with the U.S., meaning that his 20% tariff on all EU imports is effective April 9.
April 8, 2025China Says It Will 鈥楩ight to the End鈥 on Trump Tariffs
China said April 8 it would 鈥渇ight to the end鈥 and take countermeasures to safeguard its own interests after President Donald Trump threatened an additional 50% tariff on Chinese imports.
April 8, 2025Could Trump鈥檚 Tariffs Trigger a US Recession?
Economists at Goldman Sachs have raised their assessment of the odds the U.S. will experience a recession to 45% from 35% following President Donald Trump's tariffs announcement April 2.
April 8, 2025Thune Doubts Chances for Congressional Tariff Oversight
Senate Republican leader John Thune predicted a bipartisan bill that would give lawmakers greater oversight of President Donald Trump鈥檚 tariffs would languish in Congress.
April 7, 2025Trending
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