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GovernmentBusiness

US Trade Deficit Surges to a Record Ahead of Trump Tariffs

The U.S. trade deficit widened to a record in January as companies scrambled to secure goods from overseas before President Donald Trump imposed tariffs on the largest U.S. trading partners.

March 6, 2025
GovernmentBusiness

China鈥檚 Commerce Head: 鈥楾here Are No Winners in a Trade War鈥

China's economy can weather higher tariffs imposed by President Donald Trump, the Chinese commerce minister said March 6, though he added that there are 鈥渘o winners in a trade war.鈥

March 6, 2025
BusinessTechnologyEquipmentSafetyAutonomous

Bot Auto Plans Driver-Out Autonomous Trucking Pilot in 2025

Autonomous trucking startup Bot Auto announced that it intends to begin its first driver-out commercial freight operations this year with a pilot program in Texas.

March 5, 2025
BusinessTechnologyEquipmentFuel

Volkswagen Introduces ID. EVERY1, Its Most Affordable EV

The model will offer more than 155 miles of range and is the 鈥渓ast piece of the puzzle鈥 for VW鈥檚 next-generation lineup, said Thomas Schaefer, CEO of the brand.

March 5, 2025
GovernmentBusinessFuel

Iowa Shutters Biodiesel Output on Federal Policy Uncertainty

Iowa biodiesel plants are operating at minimum or completely stopping production amid uncertainty over the future of renewable fuel and tax credit policies.

March 5, 2025
GovernmentBusinessLogistics

Trade Tensions Put American Crop Exports in Jeopardy

鈥淢exico could put their own import tariffs on 鈥 that could reduce the U.S. freight advantage. It鈥檚 a matter of how fierce the trade war gets,鈥 said Pat Boova.

March 5, 2025
GovernmentBusinessTechnologyEquipmentLogistics

Trump Grants One-Month Tariff Exemption for US Automakers

President Donald Trump is granting a one-month exemption on his new tariffs on imports from Mexico and Canada for U.S. automakers, amid fears that the trade war could harm U.S. manufacturers.

March 5, 2025
BusinessTechnologyEquipment

Cummins Launches X10 Engine Platform

Cummins continued to overhaul its engine options for medium- and heavy-duty trucks, unveiling the X10 engine platform and a B-Series engine update in recent days.

March 5, 2025
GovernmentBusiness

Canada Won鈥檛 Scrap Tariffs Unless All US Levies Are Lifted

Prime Minister Justin Trudeau is not open to lifting Canada鈥檚 full package of retaliatory tariffs if U.S. President Donald Trump leaves any tariffs on Canada in place.

March 5, 2025
GovernmentBusinessFuel

DOE Withdraws Biden-Era Rule, Approves LNG for Vessel Fuel

The Department of Energy has given the OK for vessels to use liquefied natural gas as a fuel by withdrawing its past Biden-era order that created a roadblock for a small Florida company.

March 5, 2025