Commerce Minister Wang Wentao speaks during a press conference on the sideline of the National People's Congress in Beijing on March 6. (Vincent Thian/AP) China will not yield to bullying and its economy can weather higher tariffs imposed by U.S. President Donald Trump and other challenges, the Chinese commerce minister said March 6, though he ...more
Walgreen Co. ranks No. 43 on the Transport Topics Top 100 list of the largest private carriers in North America. (Justin Merriman/Bloomberg News) Walgreens Boots Alliance Inc. agreed to be purchased by Sycamore Partners for $10 billion, the Wall Street Journal reported, turning one of the oldest, most recognizable U.S. drugstore chains into a private ...more
U.S. consumer confidence declined in February by the most since August 2021 on concerns about inflation, tariffs and employment. (Angus Mordant/Bloomberg News) Costco Wholesale Corp. slipped in late trading after the big-box retailer posted profit that missed Wall Street’s expectations. The company ranks No. 47 on the Transport Topics Top 100 list of the largest ...more
Saadé said his company was also examining investing in building container vessels and could make an additional announcement in the coming weeks. (Claude Paris/Associated Press) President Donald Trump said shipping giant CMA CGM SA would invest $20 billion into the United States to build out shipping logistics, infrastructure and terminals. An estimated 10,000 new jobs ...more
Appropriations Committee Chairman Tom Cole said, "Given the deadline before us, we are pursuing every pathway to ensure a lapse in funding never occurs." (Jacquelyn Martin/Associated Press) Congressional Republican leaders in early March were focused on pursuing a short-term funding extension designed to avert a partial government shutdown this month. Ahead of a March 14 ...more
Trucks at the entrance to the Ambassador Bridge between Canada and the U.S. (The Bold Bureau/Getty Images) Political leaders representing states that border Canada and Mexico are sounding the alarm about how cross-border tariffs between those countries and the United States will impact their local economies, and their states’ residents. While President Donald Trump delayed ...more
Chevrolet vehicles on the assembly line at the General Motors assembly plant in Fort Wayne, Ind. (Emily Elconin/Bloomberg) DETROIT — President Donald Trump’s short reprieve for U.S. automakers from stiff tariffs on imports from Mexico and Canada isn’t likely to allow enough time for those companies to make the changes necessary to minimize the damage ...more
A lady trucker says she is less than enthusiastic about the trucking industry after three jobs in her four years as a driver. “I’m not enthusiastic,” she says to the man briefly interviewing her after he asks how she feels about her driving job after four years.“I’ve been with three different companies… well, four. I ...more
U.S. authorities recently arrested a Canadian commercial vehicle drivers at a New York port of entry after discovering pills and marijuana in the cab of his vehicle. The arrest took place on February 28 at the Port of Ogdensburg in Ogdensburg, New York.Canadian citizen Raphael Leblond-Lacroix, 32, entered the facility while operating a commercial vehicle. After ...more
A truck driver is facing charges after setting his own truck on fire on the side of a Maryland highway. 42-year-old Robert Steven Silver was arrested on Tuesday, March 4th on charges of second-degree arson, malicious burning/fraud, and reckless endangerment. He was released on $10,000 bond for the October 12th, 2024 incident. According to CBS, Silver’s ...more
