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FedEx Lowers Guidance, Citing ‘Very Challenging’ Market

FedEx is the latest U.S. company to sound the alarm over weakening consumer confidence and potential fallout from President Donald Trump’s escalating trade war.

March 20, 2025

Trump Pressures Fed to Cut Rates as Tariff Concerns Grow

The public pushback on interest rates comes as the Trump White House tries to make its case for stiffer tariffs amid a mixed economic picture in the U.S.

March 20, 2025

Tariff Variables Muddy Sales Outlook for Truck Makers

Executives at two of North America’s largest truck makers say questions over the impact of potential tariffs is muddying an already opaque outlook for U.S. Class 8 truck sales.

March 20, 2025

TCA Addresses ‘Challenging Times’ at Annual Conference

More than 1,300 trucking executives and industry suppliers gathered for the Truckload Carriers Association’s convention to discuss efforts to navigate a difficult operating environment.

March 20, 2025

Shifting Tariff Policies, Uncertainty Keep Carriers on Edge

Tariffs have the potential to impact trucking capacity, freight lanes, and new and used equipment costs, and uncertainty over what will happen is introducing new challenges for trucking.

March 20, 2025

Cargo Numbers Increase in February at Port of Los Angeles

Cargo numbers continued to push higher at the Port of Los Angeles in February — but it came with some caution that the pace could slow by midyear due to tariffs and lower consumer confidence.

March 20, 2025

Canada Set for Snap Election With Trade War Rattling Economy

Canadian Prime Minister Mark Carney is set to call a national election within days, seeking a mandate from voters at a time when businesses have been shaken by a trade war with the U.S.

March 20, 2025

Tesla Recalls Cybertrucks After Steel Trim Pieces Come Loose

Tesla recalled all the Cybertrucks it produced and sold in the first 15 months it has been on the U.S. market over pieces of steel trim that can separate from the vehicle.

March 20, 2025

EU Delays 50% Tariffs on US Whiskey, Allowing for More Talks

The European Union is delaying its proposed 50% tariff on American whiskey until mid-April, aligning them with broader countermeasures against U.S. steel and aluminum duties.

March 20, 2025

Biden’s Energy Department Suppressed LNG Study, GOP Says

The analysis is likely to intensify criticisms that former President Joe Biden’s pause was politically motivated and could cast doubts on the results of a second assessment.

March 19, 2025