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IMF Members See World at ‘Pivotal Juncture’ Amid Trade Wars

The world economy is at a “pivotal juncture” as trade tensions flare, members of the IMF said in a draft statement after discussions that have been overshadowed by the trade war.

April 25, 2025

Auto Carrier Could Take $70 Million Hit From US Port Fees

Hoegh Autoliners ASA, an Oslo, Norway-based car carrier, said that a plan to impose fees on foreign ships calling at U.S. ports could cost the company as much as $70 million.

April 25, 2025

Low-Income Earners Face Sharpest Impact From Tariffs

While prices will rise for everyone, lower-income families are expected to lose a larger portion of their budgets because they tend to spend more of their earnings on goods.

April 25, 2025

Knight-Swift Posts Q1 Profit as LTL Revenue Soars

Knight-Swift Transportation returned to the black in the first quarter of 2025 on the back of a jump in less-than-truckload revenue.

April 24, 2025

Lawmaker Asks DOT to Reverse Obama-Era English Proficiency Memo

A federal lawmaker from Wyoming is asking USDOT to require that CMV drivers who cannot demonstrate proficiency with speaking and reading English be taken out of service during inspections.

April 24, 2025

Carney Says Canada Won’t Rush Trade Deal With Trump

“We don’t have to do a deal in the short term,” Carney told reporters April 24, as he campaigned in British Columbia ahead of the April 28 election. “My government will do the right deal.”

April 24, 2025

Arkansas Trucking Law Cracks Down on Fraudulent Foreign CDLs

The bill, signed April 14 by Gov. Sarah Huckabee Sanders, takes aim at what lawmakers and industry experts said is a spate of foreign drivers operating illegally and unsafely on U.S. roads.

April 24, 2025

Equipment: Truck Prices to Rise as Early as May Due to Tariffs

The latest on how the Trump administration's approach to tariffs is impacting OEMs in the trucking industry.

April 24, 2025

NHTSA Takes Initial Steps to Boost Self-Driving Vehicles

The Trump administration announced its first policy moves to remove what it sees as regulatory barriers facing autonomous vehicles.

April 24, 2025