President Donald Trump’s intensifying trade war with China dented air cargo traffic even before FedEx Corp. got dragged into the brawl, as companies worldwide reconfigure their supply chains in the face of increasing tariffs.
June 3, 2019Search
Showing 10 of 22932 results
= Premium Content
Trucking Industry Leaders React Cautiously to Trump Mexican Tariff Plan
Economists and transportation experts warned that if tariffs against Mexico are enacted, consumers over several months would see price increases at grocery stores — especially on fruits and vegetables imported from Mexico — and suppliers would source those items from other countries.
June 3, 2019Trump Tariff on Mexican Oil Could Hit Gulf Refiners
U.S. oil refiners could get hit if crude is included in President Donald Trump’s threatened 5% tariff on Mexican goods, although the effect may be tempered by their growing fuel exports.
May 31, 2019DOT Provides $500,000 for Vermont’s Flood-Damaged Areas
The U.S. Department of Transportation announced May 28 the Vermont Agency of Transportation will receive $500,000 in federal funds to assist with repairs to flood-damaged freight and commuter corridors.
May 31, 2019Oil Industry Poised to Attack as EPA Boosts Ethanol in Fuels
Oil industry foes are preparing to go to court to fight the Environmental Protection Agency regulation issued May 31 that allows year-round sales of higher-ethanol E15 gasoline nationwide.
May 31, 2019GM, Ford Slip as Auto Sector Hit by Trump’s Mexico Threat
U.S. automakers and parts suppliers were among the sectors hit hardest in early trading May 31 after President Donald Trump’s threat to impose a tariff of up to 25% on Mexican goods. General Motors Co. and Ford Motor Co. each fell more than 3%.
May 31, 2019Pork Producers, Corn Growers Urge Trump to Reverse on Mexico Tariffs
The U.S. National Pork Producers Council urged President Donald Trump to reverse his decision to impose new tariffs on Mexico over illegal immigration.
May 31, 2019Consumer Spending Slows to 0.3% Gain in April
The Commerce Department said May 31 that consumer spending increased 0.3% in April after a 1.1% surge in March that had been the largest increase in nearly a decade. Personal income growth, which had been lagging in recent months, jumped 0.5% in April.
May 31, 2019Trump to Impose Tariff Until Mexico Stops Migrant Flood Into US
President Donald Trump said that he would impose a 5% tariff on Mexican goods until that country stops immigrants from entering the U.S. illegally.
May 30, 2019Sound, Vibration Data Can Predict Maintenance
Trucking maintenance software may soon be able to predict engine trouble long before it happens, as sensors and software become more advanced, experts said.
May 30, 2019