Over a frantic 72 hours, President Donald Trump’s threat of punishing new tariffs on Canada, Mexico and China sent stocks and currencies tumbling and shock waves through world trade.
February 5, 2025Government, Business, Technology, Equipment, Fuel, Logistics
Manufacturers Scramble Under Trump’s Looming Tariffs
Government, Business, Technology, Equipment, Fuel
Tariff Impact Threatens Critical Trucking Sectors
The transportation sector is bracing for the possibility that a slew of new tariffs could soon hit some of its most critically important industries, according to experts.
February 4, 2025Business, Technology, Equipment
Cummins Posts Lower Q4 Profit on Weak Truck Demand
Weak global heavy-duty truck market demand plus a reorganization of the Accelera decarbonization technology unit hurt Cummins profit in the fourth quarter of 2024, the company said.
February 4, 2025Government, Business, Technology, Equipment, Fuel
China to Impose Tariffs on US Products, Including Oil
BEIJING — China countered President Donald Trump’s tariffs on Chinese products with tariffs on select U.S. imports Feb. 4, as well as announcing an antitrust investigation into Google.
February 4, 2025Business, Technology, Equipment, Safety, Autonomous
Volvo, Waabi Partner to Produce Autonomous Trucks
Waabi will integrate its autonomous driving system, the Waabi Driver, with Volvo’s production-ready VNL Autonomous model. Commercial pilots will begin in Texas in the coming months.
February 4, 2025Government, Business, Equipment, Fuel, Logistics
New Tariffs Cause Concern Among Trucking Stakeholders
Trucking stakeholders are raising alarm that U.S. implementation of tariffs on Mexico and Canada will harm American truckers, cause supply chain instability and hike prices for consumers.
February 3, 2025Government, Business, Equipment, Fuel
Trump Pauses Mexico, Canada Tariffs; China Plans in Place
WASHINGTON — President Donald Trump on Feb. 3 held off on his tariff threats against Mexico and Canada for 30 days after the two U.S. neighbors agreed to boost border security efforts.
February 3, 2025Government, Business, Technology, Equipment, Fuel
Mexico’s Sheinbaum Says Tariffs Delayed for One Month
Mexico President Claudia Sheinbaum said tariffs would be delayed for one month after a conversation with U.S. President Donald Trump on Feb. 3.
February 3, 2025Government, Business, Technology, Equipment, Fuel
China Renews Threat to Counter US Tariffs
TAIPEI, Taiwan — China has reiterated its threat to take “necessary countermeasures to defend its legitimate rights and interests” following the decision to impose 10% tariffs on China.
February 3, 2025Government, Business, Technology, Equipment, Fuel
Canada Retaliates on Tariffs; Mexico Response in Limbo
TORONTO — Canada and Mexico ordered retaliatory tariffs on American goods in response to sweeping tariffs imposed by President Donald Trump.
February 3, 2025