Category: News

Distribution center developer and operator Vertical Cold Storage purchased Arctic Logistics’ Canton, Mich., facility for an undisclosed sum at the start of April.

Facing a global market meltdown, President Donald Trump on April 9 abruptly backed down on his tariffs on most nations for 90 days, but raised his tax rate on Chinese imports to 125%.

Thyssenkrupp is exploring exit options for its materials trading unit that could be valued at as much as $2.2 billion in a deal, as the industrial conglomerate looks to streamline operations.

Ohio Gov. Mike DeWine signed a transportation bill allocating a two-year, $11 billion budget, including funds championed by the state trucking association, for new truck parking spaces.

International Motors sold 16,900 trucks and buses in the first quarter of 2025, a 12% decrease compared with 19,300 vehicles in the same period 12 months earlier.

The goal of the latest initiative — NACFE’s fifth Run on Less program — is to explore various alternative fueling options and investigate the need for infrastructure changes.

As tariff-spooked shoppers begin pulling back on spending, Walmart is prepping for a worsening economy by using its massive footprint to keep prices low and hunt for ways to take market share.

The European Union approved tariffs to hit around $23.2 billion of U.S. goods in retaliation for the 25% duties President Donald Trump imposed last month on steel and aluminum exports.

The U.S. abandoned global talks aimed at cutting shipping’s carbon emissions and threatened to counter against any fees that the country’s merchant fleet incurs if the initiative proceeds.

China again vowed to “fight to the end” April 9 in an escalating trade war with the U.S. as it announced it would raise tariffs on American goods to 84% from April 10.