Shoppers walk by as workers install a platform near a Nike store outside a shopping mall in Beijing on May 11. (Associated Press/Andy Wong) NEW YORK — American businesses that rely on Chinese goods reacted with muted relief May 12 after the U.S. and China agreed to pause their exorbitant tariffs on each other’s products ...more
Vehicles are drive into a CMA CGM SA roll-on/roll-off cargo ship at a port in Ulsan, South Korea. (SeongJoon Cho/Bloomberg News) Rodolphe Saade, CEO of CMA CGM SA, hailed a truce in the trade war between Washington and Beijing. “For CMA CGM, it’s good news,” Saade said during a hearing in the French Senate on ...more
Shipping containers at the Port of Long Beach in California on April 28, 2025. (Eric Thayer/Bloomberg News) The U.S. collected a record amount of revenue from tariffs in April, helping to limit a further widening of the budget deficit, though President Donald Trump’s search for trade deals with targeted nations may scale back future amounts ...more
Sterling Anderson by General Motors General Motors Co. has hired Sterling Anderson, the former director of Tesla’s Autopilot program and a co-founder of autonomous vehicle startup Aurora Innovation Inc., as the company’s chief product officer overseeing all vehicle development. GM said Anderson will oversee development for gasoline and electric vehicles, including hardware, software and services, ...more
Storage tanks in a Saudi Aramco oilfield. (Simon Dawson/Bloomberg News) DUBAI, United Arab Emirates — Saudi Arabia’s state-owned oil giant Aramco posted first-quarter profit of $26 billion on May 11, down 4.6% from the prior year as falling global oil prices undermine the kingdom’s multitrillion-dollar development plans. Aramco, formally known as the Saudi Arabian Oil ...more
A load of cars was left lined up in a roadside ditch after a car hauler overturned on I-83 in Pennsylvania on Monday morning. The accident happened on May 12th at about 4:20 a.m. on I-83 northbound between the Lewisberry and Fishing Creek Road exits in York County, Pennsylvania. According to WGAL 8, the tractor trailer ...more
Law enforcement agencies throughout North America are gearing up for the Commercial Vehicle Safety Alliance’s (CVSA) International Roadcheck inspection effort. The Roadcheck inspection effort is scheduled for May 13 — 15, 2025, throughout the U.S., Canada and Mexico.According to the CVSA, Roadcheck is “the largest targeted enforcement program on commercial motor vehicles in the world, ...more
A man’s backyard doorbell cam captured footage of a semi truck found driving along a golf course in Ohio last week. Truck driver Gurpreet Dhaliwal was arrested after driving along the back nine of the Northstar Golf Course in Columbus, Ohio, causing thousands of dollars in damage. When questioned by police, Dhaliwal reportedly could not “provide ...more
The death toll in a multi vehicle crash involving a semi truck in Tennessee on Sunday evening is still unclear. The accident happened on Sunday, May 11th just before 4:30 p.m. in Hamilton County, Tennessee. According to News Channel 9, the crash happened on Interstate 75 northbound near the Tennessee Welcome Center at mile marker 0.8. ...more
Colorado lawmakers have passed legislation aimed at increasing compliance with the state’s chain requirements by allowing private companies to install chains on commercial and passenger vehicles for a fee. SB 69 recently passed through the Colorado General Assembly and is headed to the desk of Governor Jared Polis to be signed into law.The bill creates ...more
