President Donald Trump allayed fears that he plans to fire Fed Chair Jerome Powell and signaled he would be "very nice" to China in trade talks.
April 23, 2025Search
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Matt Silver, CEO of Cargado, discusses how AI, data and smarter platforms are reshaping cross-border shipping.
Tesla Profit Falls 71%, Revenue Drops 9% in Q1
Elon Musk says he’ll be spending less time in Washington slashing government costs and more time running Tesla after his electric vehicle company reported a big drop in profit.
April 23, 2025US-China Tariffs Hit Amazon, FedEx, UPS Distribution Links
President Donald Trump’s tariffs on Chinese imports threaten to disrupt Southern California’s trade and logistics economy, a sector that moves a third of the nation’s container cargo.
April 22, 2025Bessent Predicts US-China Trade De-Escalation
But in a private speech in Washington for JPMorgan Chase, Treasury Secretary Scott Bessent also cautioned that talks between the United States and China had yet to formally start.
April 22, 2025Tariffs Hit Halliburton’s Core Fracking Business
The dominant North American oil field services provider told investors April 22 on a conference call that tariffs will have an impact of 2 to 3 cents per share during the second quarter.
April 22, 2025FitzMark Acquires High Point Logistics, Pentonix Freight
FitzMark expanded its footprint in the freight brokerage sector by acquiring High Point Logistics and Pentonix Freight.
April 22, 2025Truck Tonnage Slips 1.5% in March After Strong February
The U.S. freight market slowed in March after a robust February, but data for Q1 of 2025 as a whole suggested a turnaround was underway, according to American Trucking Associations.
April 22, 2025Two Plants That Make Jeep Grand Cherokee to Pause Production
Two Stellantis plants that build Jeep Grand Cherokee and Dodge Durango SUVs will pause production next week, the latest of several plant cutbacks made by the automaker in recent weeks.
April 22, 2025Transport Experts Prepare for Trump-Era Regulatory Shift
President Donald Trump's commitment to reduced federal regulations is expected to lead to a shift in how transportation policy is handled, experts detailed during a discussion April 21.
April 22, 2025IMF: US, Global Economic Outlook Deteriorate in Trade War
The outlooks for the U.S. and global economies have worsened in the wake of President Donald Trump’s tariffs and the uncertainty they have created, the International Monetary Fund said.
April 22, 2025