President Donald Trump is focusing on the revenue his tariffs would generate as he seeks to get tax cuts through Congress, pointing to an ominous path for countries trying to avoid a trade war.
Category: News
Trucking Fights Back Against Fuel Card Skimming
Fuel card skimming has become an increasing threat to the financial security of truck fleets, but industry leaders have been making progress addressing the issue over the past year.
Stellantis Pauses Jeep Compass, Ontario Plant Operations
The Brampton plant, which employed about 3,000 workers, is currently being retooled to build electric and and gas-powered vehicles for the Jeep brands.
Rivian Reports Profit but Cuts 2025 EV Sales Forecast
Rivian Automotive said its electric-vehicle deliveries this year will fall short of Wall Street estimates as potential policy shifts in Washington threaten to further dampen EV demand.
TFI’s Decision to Relocate to US Sparks Controversy
Canadian trucking and logistics company TFI International Inc. said it will move its headquarters to the U.S., earning criticism from one of its largest shareholders.
TFI Q4 Profit Slumps 33% on Higher Costs, Tonnage Decrease
The Montreal-based carrier saw its truckload unit revenue jump 64% to $693.2 million, but revenue at the LTL and Logistics divisions fell by 13% and 14%, respectively.
InCharge Energy, DLL Team Up on EV Charging Expansion
The companies announced the agreement Feb. 18, saying the goal is to lower financial barriers for organizations looking to transition to electric vehicles.
New Texas-Mexico Border Project to Improve Truck Processing
Customs and Border Protection has partnered with Texas on a $6.9 million construction project to more efficiently process trucks bringing in cargo from Mexico at the Los Indios crossing.
Congressional Leaders Negotiate Budgets
WASHINGTON — With a funding deadline fast approaching, congressional leaders have yet to debate a plan for averting a government shutdown next month.
Nikola’s Collapse Puts SEC’s $80 Million Claim at Risk
The SEC ranked No. 1 on the roster of largest unsecured creditors when Nikola, a failed maker of EV trucks, sought court protection on Feb. 19, with the regulator owed about $80 million.