"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
The city of Vail has voted in an ordinance that will charge truckers more than $2,600 in fines if they spin out on Interstate 70 without chains. The ordinance was voted in by the Vail, Colorado council members on Tuesday, March 18th. It implements a $2,650 fine for truck drivers who drive along I-70 without ...more
Firefighters in Virginia say that a multi-vehicle crash was caused by a tractor trailer that lost its load of metal rolls. The crash happened shortly before 3 p.m. on Thursday, March 20, in Bedford, Virginia.The Bedford Fire Department (BFD) responded to the intersection of Shiloh Church and 460 for a reported crash. When firefighters arrived ...more
Two bills that could make it harder to bring large lawsuits against trucking companies have been introduced by lawmakers in Texas this month. According to KVUE, Senate Bill 30 by State Sen. Charles Schwertner would modify the rules regarding reasonableness and necessity of medical expenses in personal injury cases brought against trucking companies. The bill would ...more
The Coconino County Sheriff’s Office (CCSO) is asking for public help in locating a family of three who went missing near the location of a major pileup crash in Arizona last week. CCSO says that family members Junghee Kim, 54, Taehee Kim, 59, and Jiyeon Lee, 33, have been missing since March 13, 2025. The ...more
