A fund controlled by a unit of Jefferies Financial Group sunk nearly a quarter of its $3 billion trade finance portfolio into receivables tied to auto parts supplier First Brands Group.
October 8, 2025Search
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US Seeks Significant Concessions on EU Trade Deal
The new demands come as the two sides prepare to negotiate the next steps of this summerâs trade deal, which set a 15% tariff on most EU goods entering the U.S.
October 8, 2025Mexico Risks New Tariff Hit on $15 Billion of Truck Exports
Mexican officials vowed to push back against new tariffs the Trump administration is planning on heavy trucks, yet another hurdle the U.S. is throwing in front of its southern neighbor.
October 8, 2025New Fortressâ Puerto Rico Gas Shipments at Risk Amid Dispute
New Fortress Energy has reached a tentative deal that may allow it to deliver LNGÂ to its terminal in Puerto Rico after it hammered out an agreement with tugboat operators, local media reported.
October 8, 2025Trump Targets $12 Billion in New Energy Project Cuts
The Trump administration is considering canceling about $12 billion in energy projects, including funding for hydrogen ventures backed by U.S. oil majors, according to a list seen by Bloomberg.
October 7, 2025US Chicken Prices Fall 18% From Summer Peak
Tyson Foods, JBS and Cargill have leaned on poultry profits to cushion losses at their beef businesses, which have been impacted by the worst U.S. cattle shortage in decades.
October 7, 2025Trump Says US, Canada Can âGet Thereâ on Tariff Deal
Trump met with Canadian Prime Minister Mark Carney on Oct. 7, and the president described the disagreements as ânatural conflictsâ because theyâre competing for the same business.
October 7, 2025Statesâ Commercial Vehicle Dragnets Snag ELP, CDL Violations
Three states recently ramped up enforcement in response to renewed U.S. Department of Transportation attention to English-language proficiency issues.
October 7, 2025DOE Ends $7.5 Billion in Grants for Biden-Approved Projects
The Department of Energy terminated $7.5 billion in grants for 223 projects approved by the Biden administration including Paccar Inc.âs SuperTruck 3 program and two hydrogen hubs.
October 7, 2025Rapid Transformation & Record Results at Grand Island
Learn how Grand Island Express reallocated 80% of planners from routine work to high-value strategy. By automating decisions with Optimal Dynamics, the company topped revenue and loaded mile records leading to an increase of 17.3% in weekly revenue per truck.
October 1, 2024