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Total container traffic through the Port of Los Angeles dropped 12% in January as exports and imports weakened from a year earlier, when shippers rushed to move freight in anticipation of tariffs.

President Trump introduced 25% tariffs on U.S. imports of medium- and heavy-duty trucks and parts on Nov. 1 as he seeks to reorient trade flows, although the full details are yet to emerge.

The rollback plans were reported earlier by the Financial Times. Aluminum and other metals fell following the report, while shares of U.S. steelmakers and aluminum producers sank.

The trucking industry's path forward begins with restoring professionalism and integrity. Safety, reliability and trust in America’s supply chain depend on it, writes ATA Chairman Greg Hodgen.

DP World named Yuvraj Narayan as the new CEO and Essa Kazim as chairman, it said in a statement on Feb. 13. DP World has activities in 83 countries, including logistics sites in the U.S.

Uncertainty over the future of the deal has intensified, with the president asking aides why he should not withdraw from the agreement, according to people familiar with those discussions.

The gauge — which contains industry stalwarts such as CSX, FedEx and Old Dominion Freight Line  — has been catapulted higher by strong data and a pivot away from the big tech winners of the last few years. 

The warning came after Panama authorities invalidated CK Hutchison’s contract to operate the Balboa and Cristobal ports, seeking Maersk’s APM Terminals to run them in a transition phase.  

The House voted Feb. 11 to slap back President Donald Trump’s tariffs on Canada, a rare rebuke of the White House agenda as Republicans joined Democrats over the objections of GOP leadership.

Tariff revenue helped shrink the budget deficit by 17% in the first four months of the fiscal year, as the Supreme Court weighs whether President Trump had the authority to impose most of his duties.