A major trucking trade group recently testified in favor of legislation that would protect truckers from predatory towing practices in the state of Missouri. A pair of bills aimed at regulating the nonconsensual towing of commercial vehicles, HB745 and SB516, were recently introduced in the Missouri Senate and House by Sen. Justin Brown and Rep. ...more

A containership passes through the Miraflores Locks as it transits the Panama Canal. (Justin Sullivan/Getty Images) The Hong Kong-based conglomerate that operates ports near the Panama Canal has agreed to sell shares of its units that operate the ports to a consortium including BlackRock Inc., after President Donald Trump alleged Chinese interference with the operations ...more

(Andrey Rudakov/Bloomberg News) Continental AG will try to pass on the cost of tariffs imposed by President Donald Trump to its customers, according to the German parts maker’s finance chief. “For us it’s clear: We cannot bear additional duties, and we are informing our customers about that,” Continental Chief Financial Officer Olaf Schick told Bloomberg ...more

Amin Nasser by F. Carter Smith/Bloomberg Global oil demand will hit a record this year as Asian countries, particularly China and India, continue to expand consumption, said the head of the world’s biggest oil producer, Saudi Aramco. Oil use is set to rise by 1.3 million barrels a day this year to just over 106 ...more

Two Waymo driverless taxis stop before passing one another on a San Francisco street. (Terry Chea/AP/File) Uber will shift into a new gear in Austin, Texas, on March 4 when its ride-hailing service will begin dispatching self-driving cars to pick up passengers. The autonomous option is being provided through a partnership that brings together Uber ...more

Soft red winter wheat in a field in Kirkland, Ill. Imports of U.S.-grown chicken, wheat, corn and cotton will face an extra 15% tariff. (Daniel Acker/Bloomberg News) BEIJING — China responded to new U.S. tariffs by announcing March 4 it will impose additional tariffs of up to 15% on imports of key U.S. farm products, ...more

President Claudia Sheinbaum of Mexico. (Stephania Corpi/Bloomberg) MEXICO CITY — Mexico President Claudia Sheinbaum said March 4 that Mexico will respond to 25% tariffs imposed by the United States with its own retaliatory tariffs on U.S. goods. Sheinbaum said she will announce the products Mexico will target March 9 in a public event in Mexico ...more

The IDT response truck will patrol Interstate 90, which is heavily traveled and experiences traffic congestion because it is a link to Spokane, Wash. (Idaho Transportation Department) A new Idaho Transportation Department roadside patrol has been launched along the Interstate 90 freight corridor to more quickly aid motorists in need of assistance. “We are excited ...more

Sunlight shines through the flags of Canada and the United States, held together by a protester outside on Parliament Hill in Ottawa on Feb. 1.(Justin Tang/The Canadian Press via AP/File) WASHINGTON — President Donald Trump’s long-threatened tariffs against Canada and Mexico went into effect March 4, putting global markets on edge and setting up costly ...more

Canadian Prime Minister Justin Trudeau by Nathan Laine/Bloomberg News The Canadian government announced a sweeping package of counter-tariffs against U.S.-made products after President Donald Trump confirmed that his administration will go ahead with levies against Canada and Mexico on March 4. “Canada will not let this unjustified decision go unanswered,” Prime Minister Justin Trudeau said ...more