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GovernmentBusinessGlobal Freight

French Shipping Giant CMA CGM Hails US-China Deal

Rodolphe Saade, CEO of CMA CGM SA, hailed a truce in the trade war between Washington and Beijing.

May 12, 2025
GovernmentBusiness

US Tariff Revenue Jumps in April Before China De-Escalation

The U.S. collected a record amount of revenue from tariffs in April, helping to limit a further widening of the budget deficit.

May 12, 2025
BusinessTechnologyEquipmentAutonomous

GM Hires Aurora Co-Founder Sterling Anderson

GM has hired Sterling Anderson, the former director of Tesla’s Autopilot program and a co-founder of autonomous startup Aurora, as chief product officer overseeing all vehicle development.

May 12, 2025
Crossword

Crossword Puzzle Solution for May 12, 2025

Here's the solution to the crossword puzzle found in the May 12, 2025 print edition.

May 12, 2025
GovernmentBusinessFuel

Aramco Profit Down $4.6% to $26 Billion

Saudi Arabia’s state-owned oil giant Aramco posted Q1 profit of $26 billion on May 11, down 4.6% from the prior year as falling global oil prices undermine the kingdom’s development plans.

May 12, 2025
BusinessTechnologyLogistics

Last-Mile Carriers Push Tech Providers Toward Innovation

Last-mile delivery companies, which have always aimed for access to real-time visibility and advanced route optimization, face pressure to better use vehicles and make fast deliveries.

May 12, 2025
GovernmentTechnologyEquipmentFuel

Senate GOP Seeks to Revoke California Emissions Powers

Senate Republicans are developing a strategy to formally push back on certain Biden-era emissions waivers granted to the state of California.

May 12, 2025
GovernmentBusinessTechnologySafetyLogisticsTCA

NYC Expands Weigh-in-Motion Program for Trucks

The New York City Department of Transportation will expand a program to fine overweight trucks on major infrastructure.

May 12, 2025
BusinessLogistics

Bain to Buy Nissin Shares to Go Private in $756 Million Deal

Japanese logistics company Nissin said Bain Capital will buy its shares from shareholders for it to go private through a management buyout, in a deal worth about $756 million.

May 12, 2025
GovernmentBusiness

US, China Pause Tariffs for 90 Days

U.S. and Chinese officials said May 12 they had reached a deal to roll back most of their recent tariffs and call a 90-day truce in their trade war to allow for more talks.

May 12, 2025