U.S. Transportation Secretary Sean P. Duffy rolled out a wide-ranging plan designed to support the trucking industry by cutting regulations, cracking down on bad actors, and increasing truck parking. On Friday, June 27, Duffy publicly debuted a “Pro-Trucker Package” consisting of regulatory changes and initiatives “designed to improve the lives of America’s truck drivers.”Duffy’s package ...more
Firefighters battled a trucking company fire for about six hours in Illinois earlier this week. The incident occurred just after noon on June 25th in the 2200 block of 5th Street in Lincoln, Illinois. According to WCIA, a fire at Lincoln Transload and Processing started in the basement level and traveled through the duct work to ...more
A man was arrested on a charge of terroristic threats after pointing a handgun at a trucker as they drove. The incident happened on Wednesday, June 25th in Lincoln, Nebraska at about 1:30 p.m. According to 1011Now News, police were called to the area of Highway 2 and Highway 77 on reports of a road rage ...more
Officials in the town of Old Fort, North Carolina, shared a touching tribute to a dump truck driver who lost his life when his brakes failed earlier this month. The crash took place on the morning of June 17, 2025, as 65 year old Georgia resident Ralph Hibbert was making the six-mile decent on eastbound ...more
EU Firms Up Trade Strategy Ahead of Trump’s Tariff Deadline
Ursula von der Leyen, president of the European Commission. (Simon Wohlfahrt/Bloomberg) European Union leaders are set to debate their strategy in response to President Donald Trump’s trade war, with the likely choices coming down to accepting an unbalanced deal or risking escalation by striking back. European Commission President Ursula von der Leyen will brief EU ...more
Global Goods Trade Accelerates as Tariff Fears Speed Imports
Shipping containers on a storage lot at the Port of Brisbane in Brisbane, Australia. (Carla Gottgens/Bloomberg News) Global merchandise trade accelerated in the World Trade Organization’s latest assessment, with a surge in imports tied to tariff stockpiling outweighing a slowdown in export orders. The WTO’s goods barometer rose to 103.5 in the first quarter, the ...more
Merchandise-Trade Deficit Widens on Exports Drop
(Nathan Howard/Bloomberg) The U.S. merchandise-trade deficit unexpectedly widened in May on the biggest drop in exports since the onset of the pandemic, while imports were little changed. The shortfall in goods trade grew 11.1% to $96.6 billion, Commerce Department data showed June 26. The figure was larger than the $86.1 billion median estimate in a ...more
US Ethanol Set to Wipe Out UK Production
(Randy Holt/Associated Press) Associated British Food Plc’s Vivergo ethanol plant, one of only two major sites in the nation, has begun closing-down procedures as a flood of U.S. duty-free products looks set to wipe out production in the U.K. A consultation with employees to enact a wind-down of operations of the site in northern England ...more
Economy Shrank 0.5% in Q1, Worse Than Estimated
Gas pump at a Costco in Thornton, Colo. (David Zalubowski/AP/File) WASHINGTON — The U.S. economy shrank at a 0.5% annual pace from January through March as President Donald Trump’s trade wars disrupted business, the Commerce Department reported June 26 in a downgrade from its previous estimate. First-quarter growth sank under a surge of imports as ...more
Uber May Fund Kalanick’s Bid to Buy Pony AI’s US Arm
Uber has already partnered with Pony to launch commercial robotaxi services outside the U.S., starting in the Middle East. (Pony AI) Uber Technologies Inc. is in talks with founder Travis Kalanick to help fund his acquisition of the U.S. arm of Chinese self-driving firm Pony AI Inc., the New York Times reported. Shares of both ...more