The Trump administration extended Chevron’s deadline through May 27 to halt its operations in Venezuela, following lobbying efforts by the Texas-based oil giant.
March 24, 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 Extends Chevron’s Deadline to Wrap Up Venezuela Operation
Trump: Nations That Buy Venezuelan Oil Will Face 25% Tariff
WASHINGTON — President Donald Trump said he would be placing a 25% tariff on all imports from any country that buys oil or gas from Venezuela as well as imposing new tariffs on the country itself.
March 24, 2025NYC Congestion Pricing Raises $52M Amid Trump Backlash
New York City’s congestion pricing raised about $52 million in toll revenue in February as President Donald Trump and Gov. Kathy Hochul remain in a standoff over his bid to end the program.
March 24, 2025Freight Trains to Resume Asheville Routes After Hurricane
Norfolk Southern says it expects to reopen its freight railroad line between Asheville and Tennessee by the end of March, six months after Hurricane Helene.
March 24, 2025Trump Hails Hyundai’s US Expansion as Tariff Vindication
President Donald Trump lauded plans by Hyundai to expand in the U.S., casting it as a vindication of his use of tariffs to pressure foreign manufacturers to create American jobs.Â
March 24, 2025Trump Plans Tariff ‘Liberation Day’ With More Targeted Push
President Donald Trump’s coming wave of tariffs is poised to be more targeted than the barrage he has occasionally threatened, aides and allies say.
March 24, 2025Yellow Agrees to Terminate California Terminal Leases
Liquidation of the real estate assets of bankrupt less-than-truckload carrier Yellow Corp. entered a new phase in recent days — termination of terminal lease agreements.
March 24, 2025US Levies on Chinese Ships Risk ‘Trade Apocalypse’
A proposal from the U.S. would put million-dollar levies on Chinese ships docking in the U.S. It's aimed at curbing China’s dominance of shipbuilding, logistics and maritime industry.
March 24, 2025FMCSA’s Camire Removed From Website After Brief Appointment
The reason for the sudden departure has not been publicly announced. FMCSA has not issued a statement, and the Department of Transportation has not commented on the change.
March 21, 2025Trucking Market Shows Signs of Recovery After Long Downturn
Trucking is emerging from a difficult period, and the headwinds that have plagued the industry are beginning to weaken as freight volumes improve and capacity leaves the market.
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