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Cargo Theft Gets More Sophisticated, Experts Warn

The trucking industry continues to confront an evolving cargo theft landscape, with experts signaling the spread of more sophisticated operations during the first quarter.

June 5, 2025

EU Launches Tool to Monitor Trade Diversion From Tariffs

The European Commission has launched a surveillance tool to monitor any trade diversion resulting from U.S. tariffs, as initial results revealed a surge of imports in many goods.

June 5, 2025

Trump Says US and China Will Resume Trade Talks

President Donald Trump said his conversation with Chinese leader Xi Jinping had a “very positive conclusion” on June 5, announcing that the two countries will hold trade talks.

June 5, 2025

US Trade Deficit Narrows by Most on Record as Imports Plunge

The U.S. trade deficit narrowed in April by the most on record on the largest-ever plunge in imports, illustrating an abrupt end to the massive front-loading of goods by some companies.

June 5, 2025

Trump Speaks With Xi Amid Stalled Tariff Talks

President Donald Trump and his Chinese counterpart, Xi Jinping, have spoken amid stalled negotiations between both countries over tariffs that have roiled global trade.

June 5, 2025

Mercedes, BMW, Others Step Up Response to China Export Curbs

Automakers in the U.S. and Europe raised concerns about China’s export controls on rare earth metals, as Beijing’s move threatens to disrupt global car production.

June 4, 2025

Trump Gets Tentative Win From CBO Tax and Tariff Estimates

The CBO handed Republicans a major political talking point, with projections showing the possibility for tariffs to bring in more federal revenue than would be lost by Trump's tax cut plan.

June 4, 2025

Canada Prime Minister Carney Holds Back on Tariff Retaliation

Prime Minister Mark Carney said Canada and the U.S. are in “intensive” talks about the countries’ relationship, explaining his decision not to respond yet to doubled steel and aluminum tariffs.

June 4, 2025

Fleet Margins Set to Shrink Again in 2025, CSCMP Finds

Tariffs introduced by the Trump administration, and the consequent aversion to risk, are a major reason why there is no clear trajectory for recovery, the study’s authors warned.

June 4, 2025

Daimler Truck Financial Services Selects North Carolina HQ

The financial lender for Daimler Truck North America will establish its headquarters in North Carolina with a $7.8 million investment that will add 276 jobs in Charlotte.

June 4, 2025