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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

Tesla’s EV Deliveries Dropping as Demand Erodes Sharply

Wall Street is reining in expectations for Tesla deliveries as the Elon Musk-run automaker struggles with waning consumer demand and the threat of reduced U.S. federal incentives for EVs.

June 6, 2025

Walmart CFO Says Shoppers Remain Focused on Food, Essentials

Walmart said shoppers are still spending about the same as they did a year or two ago, with a focus on food and essentials over discretionary purchases.

June 6, 2025

Truckstop Founder Moscrip Back as CEO After Tucker Steps Down

The move returns the longtime freight technology executive to the company he founded in 1995, as Truckstop navigates what it called a crucial period for the business.

June 6, 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