Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer are set to meet in Switzerland with Chinese Vice Premier He Lifeng on trade in the coming days.
May 8, 2025Search
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Forward Air Reports Revenue Growth, Smaller Net Loss in Q1
Forward Air experienced a year-over-year increase in revenue and a smaller net loss amid efforts to improve operations during the first quarter of 2025, the company reported May 7.
May 8, 2025US Imports Slow as Trump Tariffs Ripple Through Supply Chain
The slowdown of U.S. imports due to tariffs is expected to have downstream effects on the rest of the supply chain, including trucking, according to experts.
May 8, 2025Volvo Autonomous TaaS Product to Be Known as Autona/freight
Volvo Autonomous Solutions’ rollout of its transport-as-a-service offering ramped up a couple of notches in recent days.
May 8, 2025Maersk Cuts Global Container Market Outlook on Tariff War
A.P. Moller-Maersk, the Danish container giant, lowered its forecast for the global transport market rattled by President Donald Trump’s trade war.
May 8, 2025USPS Eyes FedEx’s David Steiner for Postmaster General Role
The USPS board has spent months looking for a new leader after Louis DeJoy abruptly resigned in March. DeJoy had pushed for sweeping changes to promote efficiency at the postal service.
May 7, 2025RXO Grows Revenue 57%, Reports Larger Quarterly Loss
The Charlotte, N.C.-based asset-light transportation provider posted a net loss of $31 million, or 13 cents a diluted share, for the three months ending March 31.
May 7, 2025New York Lands $1.2B Venture From Yogurt Producer Chobani
Greek yogurt giant Chobani will build a 1.4 million-square-foot facility in Oneida County to make 1 billion pounds of dairy products annually, New York Gov. Kathy Hochul announced.
May 7, 2025Container Lines Begin Canceling US-China Shipping Routes
Container liners are starting to sever shipping routes that link the U.S. and China across the Pacific, as President Donald Trump’s trade war upends the industry.
May 7, 2025C.H. Robinson's Earnings Surge 46% Despite Lower Revenue
Logistics and shipping giant experienced a 45.6% surge in earnings off lower revenue during the first quarter of 2025, the company reported April 30.
May 6, 2025