Britain's Prime Minister Keir Starmer (left) and U.S. President Donald Trump shake hands at a joint press conference in the East Room at the White House on Feb. 27. (Carl Court/Pool Photo via AP/File) WASHINGTON — The United States and Britain are expected to announce a trade deal May 8 that will lower the burden ...more
GXO signed $228 million in new business ones in Q1, according to CEO Malcolm Wilson. (GXO Logistics via Blue Yonder Media) GXO Logistics experienced an increase in revenue but a loss in earnings during the first quarter of 2025, the company reported May 8. The Greenwich, Conn.-based contract logistics firm posted a net loss of ...more
Still, negotiations with China to reduce the punishing tariffs on both countries are likely to prove complicated. (Anna Moneymaker/Getty Images) U.S. President Donald Trump said he believed trade negotiations launching this weekend with China would result in tangible progress, predicting Beijing would be willing to make concessions and saying he could consider cutting punishing tariffs ...more
Greeneville, Tenn.-based Forward Air posted a net loss of $61.2 million in Q1, an improvement from a loss of $88.8 million in the year-ago period. (Forward Air via LinkedIn) Forward Air Corp. experienced a year-over-year increase in revenue and a smaller net loss amid efforts to improve operations during the first quarter of 2025, the ...more
US Foods has deployed battery-electric trucks and refrigerated trailers with electric transport refrigeration units in its delivery fleet. (US Foods) ANAHEIM, Calif. — Private fleets operating in the food and beverage sector are demonstrating effective use cases for electric-powered trucks, electric transport refrigeration units and alternative fuels as they implement their sustainability initiatives. “Everybody knows ...more
Recession concerns have grown, and most economists expect tariffs to boost prices and weigh on growth. (Luke Sharrett/Bloomberg) Americans’ expectations for inflation in the medium-term climbed to an almost three-year high in April while their views on the job market worsened, according to a monthly survey from the Federal Reserve Bank of New York. Median ...more
“The latest wave of tariffs is creating ripple effects across both imports and exports,” Danaf said. (Eric Thayer/Bloomberg) The slowdown of U.S. imports due to tariffs is expected to have downstream effects on the rest of the supply chain, including trucking, according to experts. President Donald Trump has made tariffs a cornerstone of his foreign ...more
The cause of a fire that destroyed 10 semi trucks at a trucking company in Louisiana is still unclear, but definitely wasn’t lightning, the Fire chief says. The fire happened on Wednesday morning, May 7th at about 4:30 a.m. at CRC trucking in Kenner, Louisiana. Since then, Kenner Fire Chief Administrator and investigators have been ...more
A Montana Senator has introduced legislation that would prevent the Federal Motor Carrier Safety Administration (FMCSA) from moving ahead with rulemaking to require speed limiting technology on heavy-duty trucks. The FMCSA is expected to move forward with rulemaking to require speed limiters on large commercial vehicles in May 2025, but lawmakers are working on a ...more
This week, the Arizona Department of Transportation (ADOT) announced that real-time trucking parking information for truckers traveling on I-10 is now available on the ADOT website and mobile app. I-10 Truck Parking Availability System information is now available on az511.gov and the AZ511 app, officials announced on Wednesday.The I-10 Parking Availability System launched in January ...more
