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GovernmentBusiness

Tariff Revenue Hits $195 Billion for Fiscal 2025, CBO Says

The federal government logged a $1.8 trillion budget deficit for the 2025 fiscal year, little changed from 2024 despite a surge in tariff revenue, according to the Congressional Budget Office.

October 8, 2025
GovernmentBusinessFuel

Carney Pitches Trump on Energy Alliance, Keystone XL Project

Canadian Prime Minister Mark Carney pitched deeper cooperation with the U.S. on energy, including a possible revival of the Keystone XL pipeline, in his meeting with President Donald Trump.

October 8, 2025
GovernmentBusinessLogistics

3PL Customers Confident About Adapting to Tariffs

Some 14% of shippers serviced by 3PLs are extremely confident in their ability to adapt to the shifting sands of U.S. trade policy and myriad tariffs imposed by the Trump administration.

October 8, 2025
GovernmentBusinessLogistics

Upcoming USMCA Talks Could Boost Mexico鈥檚 Peso

While questions remain around transshipments, Jason Schenker of Prestige Economics said, 鈥淢exico鈥檚 going to be a very big winner鈥 when the trade pact is renegotiated.

October 8, 2025
GovernmentBusinessSafetyLogistics

House Bill Moves to Let Younger Truckers Cross State Lines

The DRIVE Safe Act promotes rigorous safety training for younger commercial drivers. The bill would enhance an apprenticeship program for prospective drivers once they obtain their CDLs.

October 8, 2025
GovernmentBusinessSafety

Senate Confirms Derek Barrs to Lead FMCSA

The Senate on Oct. 7 confirmed Barrs to manage the nation鈥檚 trucking regulatory agency even as the federal government remained locked in a partial shutdown.

October 8, 2025
GovernmentBusinessSafety

Pennsylvania to Add 1,202 Truck Parking Spaces

PennDOT staff and state police closely collaborated to find state-owned sites that could be turned quickly and cost-effectively into new truck parking areas.

October 8, 2025
GovernmentBusinessTechnologyEquipmentFuel

GM Ends EV Tax Credit Plan and Offers Its Own Incentive

GM will give about $6,000 of its own cash for lease support and to keep EV sales going.

October 8, 2025
GovernmentBusiness

Soy Harvest Begins With Farmers in 鈥楩ight to Survive鈥

China, typically the biggest buyer of U.S. soybeans, still hasn鈥檛 booked a single shipment of the crop from this year鈥檚 harvest.

October 8, 2025
GovernmentBusiness

鈥楤uckle Up,鈥 IMF Chief Warns Amid Economic Uncertainty

The global economy is holding up better than expected despite major shocks such as President Donald Trump鈥檚 tariffs, but Kristalina Georgieva says that resilience may not last.

October 8, 2025

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