Saudi Aramco plans to spend $3.4 billion on its Motiva refinery in Texas, the largest fuelmaking plant in the U.S.
May 13, 2025Search
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Justin Olsen, maintenance director at TCW, breaks down the hidden impact of poor trailer management on operations, compliance and safety.Â
Inflation Slows, but Economists Say Tariff Impacts to Come
Inflation cooled for the third straight month in April even after some U.S. tariffs took effect, though economists and many business owners expect inflation will climb in the coming months.
May 13, 2025Freight Rates Set to Rise on Pacific Shipping Frenzy
A China-U.S. deal to slash trade tariffs is set to push freight rates higher, as companies rush to use a 90-day grace period to ferry goods across the Pacific Ocean.
May 13, 2025GOP Wants to Phase Out Biden EV Credits to Pay for Tax Cuts
House Republicans are proposing to eliminate a tax credit for electric vehicles and phase out incentives for the production of clean energy to help pay for President Donald Trump’s massive tax package.
May 13, 2025US Businesses Relieved Over Tariff Pause but Still Anxious
American businesses that rely on Chinese goods reacted with muted relief May 12 after the U.S. and China agreed to pause their exorbitant tariffs on each other’s products for 90 days.
May 12, 2025French Shipping Giant CMA CGM Hails US-China Deal
Rodolphe Saade, CEO of CMA CGM SA, hailed a truce in the trade war between Washington and Beijing.
May 12, 2025US Tariff Revenue Jumps in April Before China De-Escalation
The U.S. collected a record amount of revenue from tariffs in April, helping to limit a further widening of the budget deficit.
May 12, 2025Aramco Profit Down $4.6% to $26 Billion
Saudi Arabia’s state-owned oil giant Aramco posted Q1 profit of $26 billion on May 11, down 4.6% from the prior year as falling global oil prices undermine the kingdom’s development plans.
May 12, 2025Senate GOP Seeks to Revoke California Emissions Powers
Senate Republicans are developing a strategy to formally push back on certain Biden-era emissions waivers granted to the state of California.
May 12, 2025NYC Expands Weigh-in-Motion Program for Trucks
The New York City Department of Transportation will expand a program to fine overweight trucks on major infrastructure.
May 12, 2025