Customs duties hit $30 billion last month, marking a 296% surge over August last year, the Treasury Department reported. At the same time, the monthly budget deficit came in at $345 billion.
September 11, 2025Search
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ATA Touts Lawsuit Abuse Legislation
The Lawsuit Abuse Reduction Act is designed to mitigate the impact of lawsuits deemed frivolous as well as shield employers from defending against inordinate claims.
September 11, 2025LTL Fleets' 'Y2K' Fears Ease as NMFC Updates Take Hold
On a panel at the FTR conference, when asked how the reclassification was going so far, Echo Global Logistics Senior Vice President Marty Martin said: “I’d put it in the TBD category.â€
September 11, 2025Hyundai Says Battery Plant Delayed After Immigration Raid
Hyundai CEO José Muñoz said in an interview Sept. 11 that the work was being set back by two to three months.
September 11, 2025Class 8 Truck Orders Continue to Fall in August
North American Class 8 truck orders fell year over year for an eighth consecutive month in August.
September 11, 2025OPEC Still Sees Tight Oil Market Despite Supply Increases
OPEC and its partners will need to provide an average of 43.45 million barrels a day in the second half of this year, considerably more than the 42.4 million they pumped in August.
September 11, 2025Kroger Raises Outlook on Healthy Grocery Demand
Food retailers have posted steady sales in recent years, benefiting from shoppers prioritizing necessities even as they cut spending elsewhere.
September 11, 2025Inflation Worsened in August as Cost of Gas, Food Jumped
The reading is the last data the Federal Reserve will receive before its key meeting next week, when policymakers are widely expected to cut their short-term rate to about 4.1% from 4.3%.
September 11, 2025Phillips 66 Ponders Buying US LNG, Hires Staff in Push
Phillips 66 is looking to buy liquefied natural gas from the U.S. through long-term contracts and is hiring staff in Houston to do this, according to people familiar.
September 10, 2025Biofuel Shares Hit as Policy Speculation Stokes Demand Fears
Biofuel company shares dipped on fears that Trump administration policies may fall short of offsetting exemptions from mandates requiring refineries to blend renewable fuels into gas and diesel.
September 10, 2025