The European Union is ready to discuss cutting tariffs on autos and other goods as it seeks to head off a trade war with the U.S., the bloc’s top trade official said Feb. 19 in Washington.
February 19, 2025Search
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Matt Silver, CEO of Cargado, discusses how AI, data and smarter platforms are reshaping cross-border shipping.
Tariff Concerns Drive Record Imports at Port of Los Angeles
The busiest trade hub in the U.S. moved more containers last month than in any previous January, as importers rushed to bring in goods before President Donald Trump's potential tariff hikes.
February 19, 2025Curtain Falls on Hydrogen Truck Maker Hyzon
Hydrogen fuel cell electric truck manufacturer Hyzon closed its doors Feb. 18, according to an executive, almost exactly four years after promising to produce 40,000 trucks in 2025.
February 19, 2025January Medium-Duty Sales Jump 5.2% Year Over Year
U.S. retail sales of medium-duty trucks started off the year with a slight uptick compared with January 2024, according to data from Wards Intelligence.
February 19, 2025Elliott Seeks Phillips 66 Board Seats as It Urges Asset Sale
Elliott Investment Management is seeking seats on the board of oil refiner Phillips 66, the latest effort in a campaign pushing the company to sell assets and improve performance.
February 19, 2025Jaxport Finishes Roll-On/Roll-Off Cargo Berth to Add Capacity
The Jacksonville Port Authority has completed half of a $60 million project to increase capacity for vehicle shipments after finishing a project at Blount Island Marine Terminal.
February 19, 2025Senate Confirms Howard Lutnick as Commerce Secretary
The Senate confirmed wealthy financier Howard Lutnick as commerce secretary Feb. 18, putting in place a staunch supporter of President Donald Trump’s hardline trade polices.
February 19, 2025Japan Broaches Car Tariffs With US as Trump Threatens Hikes
Japan has raised the issue of auto tariffs with the U.S. after President Donald Trump threatened to impose a 25% levy on car imports, a move that would deliver a big blow to Japan’s economy.
February 19, 2025Nikola Declares Bankruptcy, Will Sell Off Assets
The company said it plans to pursue an auction and sale process under Section 363 of the U.S. Bankruptcy Code. A stalking horse bidder will be sought.
February 19, 2025Watch: I-95 in Fort Lee, N.J., Still Worst Truck Bottleneck
American Transportation Research Institute's latest analysis highlights significant congestion at key intersections nationwide, with Fort Lee, N.J., topping the list again.Ìý
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February 18, 2025