Mayors in states that border Canada are calling for an end to President Donald Trump’s trade war with the country, saying it has harmed businesses and workers in their communities.
Category: News
DOT Moves to Slash Dozens of Trucking Regulations
While many of the revisions may seem minor, the agency said that in total, the deregulatory package will rescind, withdraw or amend burdensome regulations that do not enhance safety.
Kenworth Expands Powertrain Options for T680, T880, W990
Kenworth will make powertrains with the Paccar TX-12 PRO automated transmission and Paccar MX-13 engine combination available to T680, T880 and W990 customers.
Virginia Wins $366M Distribution Center in Lego’s US Expansion
Virginia has landed a $366 million deal with The Lego Group to build a 2 million-square-foot warehouse and distribution center near Richmond.
Rivian Eyes New Debt Deal
JPMorgan is leading a potential high-yield bond sale for EV manufacturer Rivian Automotive, partly to refinance its upcoming debt, according to people familiar with the transaction.
DOT Pauses Planned Workforce Cuts Due to Litigation
The Department of Transportation said it’s pausing cuts to its workforce while it waits for resolution in pending legal battles over efforts to reduce the size of the federal government.
Volkswagen to Offer Investments to US to Ward off Tariffs
Volkswagen is offering to make large-scale investments in the United States to ward off high tariffs on its imported vehicles, according to chief executive Oliver Blume.
Oreo Maker Mondelez Sues Aldi Over Packaging
Snack food maker Mondelez is suing the Aldi supermarket chain, alleging the packaging for Aldi’s store-brand cookies and crackers “blatantly copies” Mondelez products such as Oreos.
Details Scarce on Nippon-US Steel Deal
President Donald Trump is holding a rally in Pennsylvania on May 30 to celebrate a details-to-come deal for Japan-based Nippon Steel to invest in U.S. Steel.
Trump Says China Violated Its Trade Agreement With US
President Donald Trump accused China of violating an agreement with the U.S. to ease tariffs, ratcheting up tensions between the world’s two largest economies.