A coroner is still working to determine the cause of death for a truck driver found in his sleeper at a Colorado Pilot earlier this week. The driver passed away in Grand Junction, Colorado at the Pilot Truck Stop on Highway 6 & 50. According to CBS 12 News, the Grand Junction Police Department was called ...more
Police in Florida say that multiple commercial vehicles were targeted by thrown objects while they were traveling on I-10. According to the Okaloosa County Sheriff’s Office (OCSO), the commercial vehicles were targeted around 12:30 a.m. on Wednesday, June 4, on I-10 near Holt, Florida.OCSO says that an individual threw pieces of concrete as well as ...more
Mexico Will Ask US Government for Steel Tariff Exemption
Marcelo Ebrard by Stephania Corpi/Bloomberg Mexico will ask President Donald Trump’s administration this week to be exempted from an increase in steel tariffs to 50%, the country’s economy minister said June 3. “It’s not fair and it’s unsustainable. We will present our arguments on Friday to exclude Mexico from this measure,” Marcelo Ebrard said during ...more
Senate Panel Advances Moving Industry Freight Fraud Bill
(Martin Prescott/Getty Images) Bipartisan legislation seeking to enhance consumer protections in the moving industry was recently approved by a Senate committee. The Household Goods Shipping Consumer Protection Act, sponsored by Sen. Deb Fischer (R-Neb.), aims to boost certain Federal Motor Carrier Safety Administration guidelines to reassure consumers about securities and protections in the business of ...more
UK Gets Reprieve on Steel Tariff
A worker prepares to wrap cold drawn stainless steel bars at a factory in Sheffield, England. (Dominic Lipinski/Bloomberg) The U.K. is contending with a new five-week deadline to finalize its trade agreement with the U.S. after President Donald Trump spared the country’s steel and aluminum exports from a doubling of existing tariffs. The U.K. was ...more
Hiring Cools to Slowest Pace in Two Years, ADP Data Shows
(Nam Y. Huh/AP) Hiring decelerated to the slowest pace in two years as sectors including business services, education and health shed jobs, pointing to a weakened demand for workers. Private-sector payrolls increased by 37,000 in May, according to ADP Research, lower than all estimates in a Bloomberg survey of economists. That marked the second month ...more
Trump: China’s Xi Is ‘Extremely Hard to Make a Deal With’
Trump and Xi at the G20 Summit in 2019. (Susan Walsh/AP) President Donald Trump said in a late-night social media post that Chinese leader Xi Jinping was very tough to make a deal with, raising questions about whether a fragile economic truce between the world’s two largest economies will hold. China and the U.S. are ...more
US and EU Trade Negotiators Discuss Tariffs in Paris
EU Trade Commissioner Maros Sefcovic in April. (Jean-Francois Badias/Associated Press) PARIS — Europe and the United States are meeting in Paris to negotiate a settlement of a tense tariff spat with global economic ramifications between two global economic powerhouses. The European Union’s top trade negotiator, Maros Sefcovic, met June 4 with his American counterpart, U.S. ...more
Ship Carrying EVs Abandoned in Pacific After Catching Fire
The Morning Midas ship on fire in the Pacific Ocean. (USCGAlaska via X) A ship carrying more than 3,000 cars to Mexico was abandoned in the middle of the Pacific Ocean after catching fire June 3, highlighting a growing risk to the transportation of electric vehicles. The fire aboard the Morning Midas occurred about 300 ...more
Mercedes, BMW, Others Step Up Response to China Export Curbs
The body of an automobile at the Mercedes-Benz Digital Factory Campus in Berlin. (Krisztian Bocsi/Bloomberg News) Automakers in the U.S. and Europe raised concerns about China’s export controls on rare earth metals, as Beijing’s move threatens to disrupt global car production. Mercedes-Benz Group and BMW are in talks with suppliers to prevent shortages of components ...more