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The U.S. trade deficit narrowed in April by the most on record on the largest-ever plunge in imports, illustrating an abrupt end to the massive front-loading of goods by some companies.

A ship carrying more than 3,000 cars to Mexico was abandoned in the middle of the Pacific Ocean after catching fire June 3, highlighting a growing risk to the transportation of electric vehicles.

Automakers in the U.S. and Europe raised concerns about China’s export controls on rare earth metals, as Beijing’s move threatens to disrupt global car production.

Tariffs introduced by the Trump administration, and the consequent aversion to risk, are a major reason why there is no clear trajectory for recovery, the study’s authors warned.

Maverick Transportation increased pay for drivers in its glass over-the-road driving division, the company announced June 2.

President Donald Trump signed a directive June 3 formally raising steel and aluminum tariffs to 50% from 25% starting June 4.

Researchers have calculated that the containership reservation system at the ports of Los Angeles and Long Beach is paying a climate dividend.

Uber Technologies named longtime executive Andrew Macdonald its first chief operating officer since 2019, part of an executive shake-up that includes the departure of the company’s top delivery leader.

After the U.S. and China agreed to lower tariffs from astronomical heights, tensions are now surging over access to chips and rare earths. And Beijing increasingly appears to have an edge.

The Chinese Ministry of Commerce issued a statement June 2 rebuking the U.S. president’s claim that Beijing breached the consensus reached in Geneva in May.