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China’s Exports to US Sink 21% as Tariffs Hit Global Trade

China’s exports to the U.S. tumbled in April while its trade with other economies surged, suggesting that tariffs are hastening a shakeup in global supply chains.

May 9, 2025

GXO Reports Q1 Revenue Increase to Nearly $3 Billion

GXO Logistics experienced an increase in revenue but a loss in earnings during the first quarter of 2025, the company reported May 8.

May 8, 2025

Trump Hints at Tariff Rollback if China Talks Succeed

Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer are set to meet in Switzerland with Chinese Vice Premier He Lifeng on trade in the coming days.

May 8, 2025

Forward Air Reports Revenue Growth, Smaller Net Loss in Q1

Forward Air experienced a year-over-year increase in revenue and a smaller net loss amid efforts to improve operations during the first quarter of 2025, the company reported May 7.

May 8, 2025

US Imports Slow as Trump Tariffs Ripple Through Supply Chain

The slowdown of U.S. imports due to tariffs is expected to have downstream effects on the rest of the supply chain, including trucking, according to experts.

May 8, 2025

Volvo Autonomous TaaS Product to Be Known as Autona/freight

Volvo Autonomous Solutions’ rollout of its transport-as-a-service offering ramped up a couple of notches in recent days.

May 8, 2025

Maersk Cuts Global Container Market Outlook on Tariff War

A.P. Moller-Maersk, the Danish container giant, lowered its forecast for the global transport market rattled by President Donald Trump’s trade war.

May 8, 2025

USPS Eyes FedEx’s David Steiner for Postmaster General Role

The USPS board has spent months looking for a new leader after Louis DeJoy abruptly resigned in March. DeJoy had pushed for sweeping changes to promote efficiency at the postal service.

May 7, 2025

RXO Grows Revenue 57%, Reports Larger Quarterly Loss

The Charlotte, N.C.-based asset-light transportation provider posted a net loss of $31 million, or 13 cents a diluted share, for the three months ending March 31.

May 7, 2025

New York Lands $1.2B Venture From Yogurt Producer Chobani

Greek yogurt giant Chobani will build a 1.4 million-square-foot facility in Oneida County to make 1 billion pounds of dairy products annually, New York Gov. Kathy Hochul announced.

May 7, 2025