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Under the terms, which the White House was poised to announce Jan. 15, duties on Taiwanese shipments would fall from the previous 20% rate — putting them on par with Japan and South Korea.

The last ATA Driver Compensation Study found truckload drivers earned median annual pay of $76,420 in 2023, a 10% increase compared with the level reported in 2021’s study.

The voyage marks another step toward normalization of global supply lines, after Yemen-based Houthis in 2023 began attacking vessels, forcing shipowners to sail south of Africa.

Katie Farmer, BNSF’s CEO, said the industry should question whether it’s an “accurate premise” that Union Pacific’s proposed takeover of Norfolk Southern will lead eventually to growth in shipping volume.

The transportation sector experienced a slowdown in merger and acquisition activity in 2025 amid ongoing headwinds and market uncertainty, according to a report by Tenney Group.

Southeastern Freight Lines joined the ranks of less-than-truckload carriers beefing up their cross-border operations as the value of trade between the U.S. and Mexico increases.

Under an order Trump signed on Jan. 14, the government would collect the duty on the chips as they’re brought to the U.S. before final shipment to Chinese customers and other foreign markets.

President Trump has been under pressure to respond after China constrained access to rare earths crucial to advanced technologies during a trade spat last year.

Penske Logistics is set to introduce an artificial intelligence platform that will aid key supply chain segments in tracking shipments.

It’s unclear which U.S. officials will participate in the meetings and whether Trump plans to become personally involved. Whether a deal will be finalized also remains uncertain.