Pierre-Olivier Gourinchas presents the world economic outlook during the IMF and World Bank Spring meetings at the IMF headquarters in Washington on April 22. (Kent Nishimura/Bloomberg) WASHINGTON — The U.S. and global economies will likely slow significantly in the wake of President Donald Trump's tariffs and the uncertainty they have created, the International Monetary Fund said April ...more
A DHL warehouse. DHL just finished a $120 million expansion at its Querétaro air hub. (DHL) Oversized flags from three countries dominate Oscar Del Cueto Cuevas’ office in Mexico City: one from the U.S., another from Mexico and the last from Canada. For the president of Canadian Pacific Kansas City’s Mexico operations, the flags are ...more
China remains Southern California’s largest trading partner, with roughly $130 billion in imports passing through the ports of Los Angeles and Long Beach last year. (Damian Dovarganes/Associated Press) President Donald Trump’s tariffs on Chinese imports threaten to disrupt Southern California’s trade and logistics economy, a sector that moves a third of the nation’s container cargo ...more
Bessent speaks to reporters outside the White House April 9. (Evan Vucci/Associated Press) WASHINGTON — Treasury Secretary Scott Bessent said in an April 22 speech that the ongoing tariffs showdown against China is unsustainable and expects a “de-escalation” in the trade war between the world’s two largest economies. But in a private speech in Washington ...more
“A lot’s happened in three weeks,” Miller said. (Aaron M. Sprecher/Bloomberg News) Halliburton Co., the world’s largest provider of hydraulic fracturing services, fell sharply after warning investors that tariffs will impact a wide swath of the company’s business units. The dominant North American oil field services provider told investors April 22 on a conference call ...more
The Virginia State Police are still investigating a semi truck tire blowout crash that caused a large fire and road closure over Easter weekend. The accident happened on April 19th at 3:49 p.m. on Interstate 81 at mile marker 272 in Shenandoah County, Virginia. According to 29 News, a 2025 Peterbilt was heading north on I-81 ...more
Interstate 65 has been reopened after an emergency asphalt replacement to repair damage done by a semi truck explosion. The accident happened on Monday afternoon, April 21st near exit 230 on southbound Interstate 65, north of SR 10.The Indiana State Police report that the driver initially pulled over onto the shoulder to investigate a mechanical ...more
Possibly the world’s grumpiest truck driver has a whole lot to say to people considering getting into trucking. “I’ve been doing this for 30 friggin years or whatever, and if you want to get into this industry, go somewhere else or whatever,” he says straight to the camera. “Because the rates suck, the people suck, ...more
New York officials have so far ignored the deadline to stop congestion pricing in New York City, despite “terminated approval” from the US Department of Transportation. The congestion pricing in New York City began in January, and charges drivers a toll for entering certain parts of the city during certain times in an attempt to ...more
A trucking company has been granted an exemption by the Federal Motor Carrier Safety Administration allowing them to secure metal coils using a single-strap tie down. The FMCSA published a notice on April 21st, 2025, granting an exemption renewal for K&L Trucking out of Delta, Ohio that allows them to utilize an alternative cargo securement ...more
