US Tariff-Driven Customs Receipts Top $100 Billion
Through the avenue of tariffs, Trump is seeking to rejuvenate domestic production and correct trade imbalances. (Eric Thayer/Bloomberg) U.S. revenue from customs duties this fiscal year surpassed $100 billion for the first time, reflecting higher tariffs imposed by the Trump administration. The Treasury Department recorded $27 billion in customs-duties revenue ...more
DOT Nominees Await Senate Consideration for FRA, FTA Posts
Juan Sorto/Transport Topics Nominees for top posts at two Department of Transportation agencies await consideration before the Senate. Republican leaders, ...more
Suitors Line Up for BP’s Castrol Unit
A Castrol logo sign at a BP service station in Pretoria, South Africa. (Waldo Swiegers/Bloomberg) BP Plc’s Castrol lubricant business ...more
Canada Confirms No Duty Circumvention in Vietnam Chassis Case
Meanwhile, the U.S. said in April that U.S.-based manufacturers of intermodal chassis were materially injured by imports of chassis and ...more
A day cab semi truck came to a stop balancing between highway bridges in Virginia on Wednesday morning. The accident ...more
A popular YouTube content creator recently shared video of an “unstoppable semi truck” plowing through a series of wild obstacles. ...more
Police are searching for a truck driver that fled after being involved in a pile up crash near the Bay ...more