"Made in China" labels on packages at a fulfillment center in New Jersey. (Bing Guan/Bloomberg) Chinese companies cut back on the small packages they shipped to the U.S. last month, as President Donald Trump looks to close off the trade and impose tariffs on all imports from China. In February, the value of the small ...more
The Mitsubishi Motors logo is displayed at the company's headquarters in Tokyo. (Toru Hanai/Bloomberg News) Hon Hai Precision Industry Co. has secured an agreement to make Mitsubishi Motors Corp. electric vehicles, scoring the first major customer for its fledgling EV contract manufacturing business. Hon Hai, also known as Foxconn, will begin building vehicles for Mitsubishi ...more
(Chris J. Ratcliffe/Bloomberg News) BP Plc said Apollo-managed funds will purchase a 25% noncontrolling stake in BP Pipelines — known as BP TANAP — for about $1 billion, marking the British energy giant’s first divestment under its turnaround plan. TANAP holds BP’s 12% interest in the Trans-Anatolian natural gas pipeline, part of the Southern Gas ...more
(Federal Motor Carrier Safety Administration and Getty Images) Adrienne Camire’s name has vanished from the Federal Motor Carrier Safety Administration website just two weeks after she was named acting administrator. Camire was appointed on March 7 to lead the FMCSA. By March 21, the agency had removed all references to her leadership, including a press ...more
“I think we are going to get back to normal, and things are going to get better,” Costello said. (vitpho/Getty Images) PHOENIX — The trucking industry is emerging from a difficult market, and the headwinds that have plagued the industry are beginning to weaken as freight volumes improve and capacity leaves the market, experts said. ...more
France wants the EU to consider deploying its most powerful retaliatory measure against the U.S. for the first time ever if Trump uses tariffs. (Nathan Laine/Bloomberg News) France wants the European Union to consider deploying its most powerful retaliatory measure against the U.S. for the first time ever if President Donald Trump uses tariffs to ...more
A commercial vehicle skewered itself on an enormous wind turbine blade in this shocking video filmed somewhere in China. In the clip, a truck can be seen skewered by a wind turbine blade with the equipment piercing the entire shipping container it was hauling. The blade entered the container from the front and exited all ...more
A truck stop in Anthony, Texas, was heavily damaged by fire on Friday morning. The fire was reported around 6 a.m. on March 21 at a Flying J travel center located at 3001 Mountain Pass Blvd., off of I-10, in Anthony. Video and images from the scene show the travel center completely engulfed in flames.According ...more
The city of San Antonio has officially approved an amendment to the city’s code that will restrict semi truck parking within city limits. The attempt to amend the ordinance started about three years ago, and was approved by the San Antonio, Texas city council on Thursday, March 20th. According to KSAT, semi truck parking was already ...more
Wild video captured in Midland, Texas, on Thursday shows the moment that a heavy equipment operator came to the rescue of a stuck trucker. On the morning of March 20, a lowboy trailer became stuck at the railroad crossing at Garfield and Business 20 in Midland. In video captured at the scene, you can see ...more
