Importers rushing to ship Chinese goods to the U.S. using a short reprieve from paralyzing tariffs could provide a much-needed boost to global freighters including Maersk and Cosco.
May 16, 2025Search
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Justin Olsen, maintenance director at TCW, breaks down the hidden impact of poor trailer management on operations, compliance and safety.Â
Quebec Investors to Acquire Bankrupt Lion Electric
An investor group involving Montreal real estate tycoon Vincent Chiara is set to take control of bankrupt Lion Electric, offering new capital to keep the electric bus and truck maker alive.
May 16, 2025CVS Bids for Rite Aid Stores in Pacific Northwest
CVS Health is trying to buy stores and patient data from Rite Aid, the beleaguered pharmacy chain that is going out of business after filing for bankruptcy a second time earlier this month.
May 15, 2025Deere Swells to Record on Optimism for Farm Economy
Deere & Co. jumped to a record after earnings beat the highest of analyst estimates, even as the world’s largest farm machinery maker trimmed its profit outlook for the year.
May 15, 2025Fed’s Barr Says Supply Chain Chaos Could Boost Inflation
Federal Reserve Governor Michael Barr said the economy is on solid ground, but warned tariff-related supply chain disruptions could lead to lower growth and higher inflation.
May 15, 2025Ford Recalls 274,000 Navigator, Expedition SUVs
Ford is recalling nearly 274,000 of its Expedition and Lincoln-branded Navigator SUVs due to an issue that may cause a loss of brake function while driving, increasing crash risks.
May 15, 2025Global Oil Demand Growth to Slow For Rest of 2025, IEA Says
Global oil demand growth will slow during the remainder of 2025 after a robust first quarter due to “economic headwinds,” the International Energy Agency said.
May 15, 2025Walmart Says It Will Raise Prices Due to Tariff Costs
Walmart’s first-quarter profit slipped and it said it must raise prices due to higher costs from tariffs implemented by President Donald Trump.
May 15, 2025Japanese Carmakers Face $19 Billion Hit From Trump’s Tariffs
Japan’s biggest carmakers are looking at a hit of more than $19 billion from President Donald Trump’s tariffs that have left the global auto industry reeling.
May 14, 2025Transportation Secretary Duffy Finalizes 76 Projects
Transportation Secretary Sean Duffy finalized 76 infrastructure grants among a backlog of 3,200 projects that had been approved under the Biden administration but left incomplete.
May 14, 2025