XPO has opened its largest operation, a 273,000-square-foot facility on 121 acres near Carlisle, Pa., that is one of 28 former Yellow facilities that XPO purchased for about $800 million.
June 11, 2025Search
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Fleets Confront Cybersecurity Risks as Technology Evolves
The trucking and logistics sector is grappling with rising network complexity and risk with increasing pressure to adopt new applications, according to network technology firm Aryaka.
June 11, 2025Auto Parts Supplier Marelli Blames Tariffs for Bankruptcy
Marelli Holdings filed bankruptcy in the U.S., saying its latest debt-cutting effort was prompted by tariffs.
June 11, 2025EU Sees US Trade Talks Extending Beyond July Deadline
The European Union believes trade negotiations with the U.S. could extend beyond President Donald Trump’s July 9 deadline, even as the speed of the talks has increased over the past week.
June 11, 2025Trump Tariffs Can Stay in Effect Longer, Appeals Court Says
President Donald Trump can continue to enforce his global tariffs for now, a federal appeals court held in a win for the president on one of his signature economic policies.
June 11, 2025Inflation Up Slightly in May as Grocery Prices Ticked Higher
U.S. inflation picked up a bit last month as food costs rose, though overall inflation remained mostly tame. Consumer prices increased 2.4% in May compared with a year ago.
June 11, 2025GM to Invest $4B to Shift Some Production From Mexico to US
GM announced plans to invest $4 billion to shift some production from Mexico to U.S. manufacturing plants as the automaker navigates tariffs that could drive prices higher.
June 11, 2025Autonomous Truck Firm Plus to Go Public Via Churchill SPAC
Teaming up with the SPAC controlled by former investment banker Michael Klein will put a valuation of $1.2 billion on Plus. The combined entity will be known as PlusAI.
June 11, 2025Musk Moves Tesla’s Robotaxi Launch ‘Tentatively’ to June 22
Elon Musk says Tesla is “tentatively†set to begin providing robotaxi service in Austin, Texas, on June 22.
June 11, 2025Trump: US Gets Rare Earth Minerals From China in 'Done' Deal
President Donald Trump announced June 11 that the United States will get magnets and rare earth minerals from China under a new trade deal and that tariffs on Chinese goods will go to 55%.
June 11, 2025