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Over a frantic 72 hours, President Donald Trump’s threat of punishing new tariffs on Canada, Mexico and China sent stocks and currencies tumbling and shock waves through world trade.

The U.S. Postal Service on Feb. 5 said it’s accepting “all international inbound mail and packages” from China and Hong Kong Posts, hours after the agency announced a halt on some shipments.

General Motors is cutting almost half of the workforce in its Cruise driverless car unit, according to an internal memo and people familiar with the matter, part of a previously announced plan.

New Jersey Gov. Phil Murphy has unveiled $20 million in business incentive grants to combat New York City’s new congestion-pricing tolls.

SPARROWS POINT, Md. — Almost a year after the deadly collapse of Baltimore’s Francis Scott Key Bridge, Maryland officials on Feb. 4 unveiled their designs for its replacement.

Profit at Marten Transport more than halved in the fourth quarter of 2024 as ongoing weakness in the freight environment hurt revenue and margins.

The transportation sector is bracing for the possibility that a slew of new tariffs could soon hit some of its most critically important industries, according to experts.

The 122,949-square-foot, multi-temperature facility is expected to open by the end of this year following a Jan. 23 groundbreaking ceremony.

“We cannot allow bad actors in the shipping and moving industry to violate consumer trust and harm our nation’s supply chain," said Sen. Deb Fischer, the bill's co-lead sponsor in the Senate.

Weak global heavy-duty truck market demand plus a reorganization of the Accelera decarbonization technology unit hurt Cummins profit in the fourth quarter of 2024, the company said.