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Trump to EU: Buy More US Gas or Prepare for Tariffs

Trump said on Truth Social that if the European Union does not up its imports, "it is TARIFFS all the way!!!" The U.S. goods and services trade deficit with the EU was $131.3 billion in 2022.

December 20, 2024

Trump Faces Setback as House Nixes Spending Plan

The bill failed by a vote of 235 to 174, with 38 Republicans voting against it in defiance of both Trump and Musk. Nearly all Democrats voted against the spending package.

December 19, 2024

Court to Rule on TuSimple Governance, Cash Pile Fate in Q1

The Delaware Chancery Court ruled that TuSimple co-founder and former CEO Xiaodi Hou’s challenge to board selections and governance changes had enough merit to win the court’s time.

December 19, 2024

Amazon Workers Strike at Seven Facilities Nationwide

The Teamsters said the workers, who voted to authorize strikes in recent days, joined picket lines after Amazon ignored a Dec. 15 deadline the union set for contract negotiations.

December 19, 2024

Congress Clears TSA Clearance Bill for Truckers

Legislation designed to facilitate commercial drivers’ applications for security credentials was recently cleared by Congress for President Joe Biden’s desk.

December 19, 2024

Biden’s Climate Goal Seeks 60% Emissions Cut by 2035

Biden said the new goal keeps the U.S. on track to achieve net-zero greenhouse gas emissions economy-wide by 2050. It calls for reducing net emissions by 61% to 66% below 2005 levels in 2035.

December 19, 2024

Trucking Grapples With Economy, Lawsuits, EV Rules in 2024

In 2024, trucking navigated infrastructure investments and lingering economic challenges. Pressing concerns were truck parking shortages, legal battles and nuclear jury verdicts.

December 19, 2024

Rivian Quietly Paves Way for UAW Workforce Once Profitable

Under Rivian and the UAW’s confidential pact, the automaker would adopt a neutral stance toward efforts to organize workers at its Illinois factory where its vehicles are made.

December 19, 2024

Trump, Musk Reject Johnson’s Plan to Avert Shutdown

The drama left Johnson huddling with allies in his Capitol office to come up with a Plan B that would keep the government financed and avoid the political pain of a shutdown come Dec. 21.

December 19, 2024