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Senate GOP Prepares New Draft of Trump’s Tax Plan

Senate Republicans intend to propose revised tax and health care provisions to President Donald Trump’s $3 trillion signature economic package, shrugging off criticism by Elon Musk.

June 9, 2025

Consumers See Lower Inflation Ahead Across All Horizons

The responses to a Federal Reserve Bank of New York survey came as President Donald Trump struck a deal that significantly — though temporarily — lowered tariffs on imports from China.

June 9, 2025

Jobs at the Port of Los Angeles Are Down by Half

Job opportunities at the Port of Los Angeles are dwindling as President Donald Trump’s steep tariffs take a hit on global trade and a major economic engine for the regional economy.

June 9, 2025

Tesla Hit With Stock Downgrades Amid Fallout From Trump Feud

Tesla received a pair of downgrades on June 9, with analysts warning that Elon Musk’s electric vehicle company is facing a highly uncertain outlook, especially on the political front.

June 9, 2025

FMCSA Offers $89.4 Million in CDL Safety Grants

FMCSA is seeking grant applications by July 7 for $89.4 million in Commercial Driver’s License Program Implementation funds to improve highway safety.

June 9, 2025

Transportation Chief Moves to Reverse Fuel Economy Standards

Transportation Secretary Sean Duffy said in a rule June 6 that Biden-era fuel economy standards for gas-powered cars and trucks are illegal and moved to reverse them.

June 9, 2025

Trade Talks With China Start Today

High-level delegations from the United States and China are meeting in London on June 9 to try to shore up a fragile truce in a trade dispute that has roiled the global economy.

June 9, 2025

Tariffs, Uncertainty Offer 3PLs a Rare Opportunity

To take full advantage, 3PLs must forge better relationships with less-than-truckload and last-mile carriers among other tweaks to their business activities, CSCMP's report said.

June 9, 2025

Poll: Canadians to Ditch US Travel Over Tariffs, State Jabs

Most Canadians say they plan to shun U.S. travel this summer as the trade war between the two countries continues, according to a poll by Leger Marketing.

June 6, 2025

US, Chinese Negotiators to Meet in London for Trade Talks

President Donald Trump said U.S. and Chinese negotiators will resume trade talks on June 9 in London, as the world’s two largest economies look to resolve a simmering dispute over tariffs.

June 6, 2025