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Panama’s President Rejects US Canal Negotiations

“It’s impossible, I can’t negotiate,” Mulino said when asked about returning the canal to U.S. control. “That is done. The canal belongs to Panama.”

January 30, 2025

Trump: Tariffs on Canada, Mexico Still Set to Begin Feb. 1

President Donald Trump said his 25% tariffs on Canada and Mexico are coming on Feb. 1, but he’s still considering whether to include oil from those countries as part of his import taxes.

January 30, 2025

US Ports End Year on High Note

U.S. ports capped off 2024 with solid growth, as most major facilities reported volume increases for December.

January 30, 2025

Committee on Freight Policy Examines Panama Canal Operations

A Senate panel on Jan. 28 took aim at China’s involvement with operations at the Panama Canal and examined President Donald Trump’s economic strategy linked to travel by U.S. ships through the facility.

January 30, 2025

C.H. Robinson Reports 382% Earnings Jump for Q4

The Eden Prairie, Minn.-based logistics and shipping company on Jan. 29 posted net income of $149.3 million, or $1.22 a diluted share, for the three months ending Dec. 31.

January 30, 2025

UPS Posts 1.5% Revenue Growth; Shares Fall on Amazon Deal

UPS Inc. experienced revenue and earnings growth despite a tougher freight market in the fourth quarter of 2024, the parcel delivery company reported Jan. 30.

January 30, 2025

Passenger Jet Collides With Army Copter Near D.C.-Area Airport

ARLINGTON, Va. — A jet carrying 60 passengers and four crew members collided Jan. 29 with an Army helicopter carrying three soldiers around 9 p.m. EST while landing at Ronald Reagan National Airport near Washington.

January 30, 2025

Tariff Doubts Send Oil Prices Lower Ahead of Fed Meeting

Oil fell below $73 a barrel after President Donald Trump’s pick for commerce secretary suggested tariffs on Canada and Mexico are not a done deal.

January 29, 2025

QXO’s Hostile Bid for Beacon Roofing Fuels M&A Optimism

M&A specialists are eyeing a robust list of U.S. takeover candidates, with a buoyant economy, strong buyer appetite and a potentially looser regulatory regime seen driving more deals.

January 29, 2025

Uber Tests Price Lock Pass to Rival Lyft

Price-guarantee plans represent a potential new source of revenue for Uber, which said recently that a slowdown in U.S. rideshare bookings has been weighing on its core mobility unit.

January 28, 2025