China’s Exports to US Sink 21% as Tariffs Hit Global Trade
A cargo train moves past new cars waiting for shipment in a port in Yantai in east China's Shandong province on May 7. (Chinatopix via AP) China’s exports to the United States tumbled in April while its trade with other economies surged, suggesting that President Donald Trump’s tariffs offensive is ...more
Class 8 Truck Orders Fall 52% During April
“April was the lowest industry order intake for a single month we have seen since May of 2020,” Koeck said. ...more
Volvo Autonomous TaaS Product to Be Known as Autona/freight
A lane between Dallas and Houston is the starting point for the on-highway Autona/freight program from Volvo Autonomous Solutions. (Volvo ...more
Toyota Suffers $1.3 Billion Profit Hit in Two Months on Tariffs
A new Toyota Tundra truck for sale at a Toyota dealership in Yuma, Ariz., on March 31. (Eric Thayer/Bloomberg News) ...more
Maersk Cuts Global Container Market Outlook on Tariff War
Maersk shipping containers. (Jeppe Boje Nielsen/Bloomberg) A.P. Moller-Maersk A/S, the Danish container giant, lowered its forecast for the global transport ...more
US and UK are Set to Announce Trade Deal
Britain's Prime Minister Keir Starmer (left) and U.S. President Donald Trump shake hands at a joint press conference in the ...more
Trump Agrees to Cut Tariffs on UK Autos, Steel
Britain's Prime Minister Keir Starmer (left) and U.S. President Donald Trump shake hands at a joint press conference in the ...more