President Donald Trump’s reprieve for U.S. automakers from tariffs isn’t likely to allow enough time for those companies to make the changes necessary to minimize the damage from a trade war.
Category: News
DHL Subsidiary to Cut 8,000 Jobs in Germany
German postal company Deutsche Post announced on March 6 that it will cut 8,000 jobs by the end of the year, citing high costs, just two days after striking a deal with workers on a 5% pay rise.
Congressional Democrats Question Actions of Musk-Led DOGE
Congressional Democrats are pushing back on White House and Elon Musk efforts to halt transportation initiatives launched during the Biden administration.
A. Duie Pyle Enters North Carolina for First Time
A Duie Pyle entered the North Carolina market for the first time in recent weeks, the latest in a series of expansions of the LTL-focused carrier’s footprint and operations.
Trump Delays Tariffs on Most Goods From Mexico for a Month
President Donald Trump said March 6 that he has postponed 25% tariffs on most goods from Mexico for a month after a conversation with President Claudia Sheinbaum.
Trump Might Defer Tariffs on Goods, Services Under USMCA
President Donald Trump is likely to defer tariffs on Canada and Mexico for goods and services covered by the trade agreement known as USMCA, Commerce Secretary Howard Lutnick said.
Trudeau Expects a Trade War for the ‘Foreseeable Future’
Canadian Prime Minister Justin Trudeau said March 6 he expects Canada and the U.S. to be in a trade war for the foreseeable future after a call with U.S. President Donald Trump.
Truck Startup Edison Motors Ramps Up Hybrid Class 8 Production
The company will begin its first small production run in a new 305-acre manufacturing facility in Golden, British Columbia, founder and CEO Chace Barber told Transport Topics.
Used Class 8 Sales Rise 3.5% Year Over Year in January
Used Class 8 truck sales beat sequential and year-ago comparisons in January, ACT Research reported.
Walmart Asks Chinese Suppliers for Big Price Cuts on Tariffs
Walmart has asked some Chinese suppliers for major price reductions, with the retail giant’s efforts to shift the burden of tariffs facing strong pushback from firms in the Asian nation.