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Truck Prices to Rise as Early as May Due to Tariffs

Truck manufacturers are set to raise the prices of new Class 8 tractors as early as May as a result of tariffs on U.S. imports, with further hikes likely on the way.

April 10, 2025

No New Tariffs for Canada, Mexico Under Trump Update

President Donald Trump’s sudden change to tariff policy on April 9 won’t affect the rates that currently apply to Canadian and Mexican products, according to a White House official.

April 9, 2025

US-China Trade War Intensifies With No End in Sight

On April 9, Trump ratcheted up pressure on China, raising the import duty to 125%, even as he announced a 90-day pause on reciprocal tariffs for dozens of other trade partners.

April 9, 2025

Top 100 3PLs Face Slow Growth, Trade Uncertainty

While continuing to endure a stubbornly slow freight market recovery, the largest third-party logistics providers in North America also face a murky outlook for international trade.

April 10, 2025

3PLs Face Mixed Results Across Segments in 2024

While some segments of the logistics market saw expansion, such as dedicated carriage and freight forwarding, others faced slower growth, including freight brokerage and warehousing.

April 10, 2025

Thune Doubts Chances for Congressional Tariff Oversight

Senate Republican leader John Thune predicted a bipartisan bill that would give lawmakers greater oversight of President Donald Trump’s tariffs would languish in Congress.

April 7, 2025

Could Trump’s Tariffs Trigger a US Recession?

Economists at Goldman Sachs have raised their assessment of the odds the U.S. will experience a recession to 45% from 35% following President Donald Trump's tariffs announcement April 2.

April 8, 2025

Stellantis Offers Tariff Aid to Struggling Parts Suppliers

It’s unclear what percentage of the cost Stellantis is willing to pay and suppliers would have to meet a number of requirements in order to qualify for the program.

April 7, 2025

DOT Seeks Input on Cutting Transportation Regulations

President Donald Trump’s orders since he took office have set goals for agencies to cut regulations where possible. DOT is asking for input from truckers, trade organizations and small businesses.

April 7, 2025