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Auto Carrier Could Take $70 Million Hit From US Port Fees

Hoegh Autoliners ASA, an Oslo, Norway-based car carrier, said that a plan to impose fees on foreign ships calling at U.S. ports could cost the company as much as $70 million.

April 25, 2025

Low-Income Earners Face Sharpest Impact From Tariffs

While prices will rise for everyone, lower-income families are expected to lose a larger portion of their budgets because they tend to spend more of their earnings on goods.

April 25, 2025

Lawmaker Asks DOT to Reverse Obama-Era English Proficiency Memo

A federal lawmaker from Wyoming is asking USDOT to require that CMV drivers who cannot demonstrate proficiency with speaking and reading English be taken out of service during inspections.

April 24, 2025

Carney Says Canada Won’t Rush Trade Deal With Trump

“We don’t have to do a deal in the short term,” Carney told reporters April 24, as he campaigned in British Columbia ahead of the April 28 election. “My government will do the right deal.”

April 24, 2025

Trump Targets Chinese Cranes, Risking Burden for US Ports

Chinese cranes used at ports are the latest target of the Trump administration’s attempt to boost domestic manufacturing, even as no U.S. industry for the equipment exists.

April 24, 2025

States Sue Trump Over Tariffs Imposed Without Congress

The suit argues that Congress didn’t grant Trump the necessary authority to impose the tariffs and national trade policy “now hinges on the president’s whims."

April 23, 2025

Trump Hasn’t Offered Unilateral Tariff Cuts on China

Treasury Secretary Scott Bessent said that the Trump administration is looking at multiple factors regarding China beyond just tariffs — including non-tariff barriers.

April 23, 2025

Norfolk Southern Profit Increases in Q1

Norfolk Southern’s quarterly profits were again inflated by insurance payments related to its disastrous 2023 derailment in Ohio, but even without that, the railroad’s profits grew.

April 23, 2025

US-China Tariffs Hit Amazon, FedEx, UPS Distribution Links

President Donald Trump’s tariffs on Chinese imports threaten to disrupt Southern California’s trade and logistics economy, a sector that moves a third of the nation’s container cargo.

April 22, 2025

Bessent Predicts US-China Trade De-Escalation

But in a private speech in Washington for JPMorgan Chase, Treasury Secretary Scott Bessent also cautioned that talks between the United States and China had yet to formally start.

April 22, 2025