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The president did not clarify if this plan is part of a previously announced effort to enact so-called “reciprocal” tariffs on nearly all U.S. trading partners.

Lumber futures rose to the highest in more than two and a half years after President Donald Trump ordered an investigation into shipments of the commodity into the U.S.

Tariffs of 25% on imports from Canada and Mexico threaten to exacerbate an automotive affordability crisis that is already driving buyers out of the market.

The response from Beijing will likely include tariffs and non-tariff measures, a Communist Party-backed news outlet reported on March 3, citing a person it didn’t identify.

The long-promised tariffs scheduled to take effect March 4 would easily be among the most sweeping of the Trump era, applying to roughly $1.5 trillion in annual imports.

Amerit Fleet Solutions has acquired fleet maintenance and parts management services company Vector Fleet Management, the company announced Feb. 28.

Several senior executives at a key government regulatory body responsible for overseeing safety of the pipeline system will depart in the next three months, according to a memo.

The collapse of auto hauler Jack Cooper Transport is expected to provide an initial tailwind for other carriers in the sector, and possibly stimulate some appetite for mergers.

Forward Air remained focused on stabilizing operations in the aftermath of a major acquisition and change in direction leading up to the fourth quarter of 2024, the company reported Feb. 26.

The state had previously OK’d the construction of a grain elevator in an area along the west bank of the Mississippi River, but federal red tape prevented the project from moving forward.