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“[The port] was held up for five years, and it was stonewalled. Bureaucrats got in the way, and now we are moving forward with that," DOT Secretary Sean Duffy told reporters Feb. 14.

Proficient — the No. 4-ranked auto transporter — expects industry dynamics to improve in 2025, including through a reduction in carrier capacity due to the travails of Jack Cooper Holdings.

The move is the latest in a rapidly widening trade war as Trump delivers on his campaign pledges to institute sweeping tariffs on U.S. allies and rivals alike.

“We have more energy than any other country and now we are unleashing it,” President Donald Trump said as he signed executive orders in the Oval Office on Feb. 14.

The dominoes started to topple when automaker Ford decided in January to end its relationship with Jack Cooper, bringing the curtain down on an approximately 40-year relationship.

Steel giant ArcelorMittal is investing $1.2 billion to build an Alabama mill slated to produce advanced steel by 2027 for hybrid and electric vehicle motors to feed into the U.S. supply chain.

Come April, Aurora Innovation plans to pull the backup human driver from behind the wheel of one of its trucks, signifying commercial deployment.

In a major reversal, EPA chief Lee Zeldin said he will try to rescind $20 billion in grants awarded by the Biden administration for climate and clean-energy projects.

Taiwan President Lai Ching-te said Feb. 14 he would communicate more with the U.S. over President Donald Trump’s concerns over the chip industry and invest more in the U.S.

The European Union’s executive branch on Feb. 14 vowed to “take firm and immediate action” against U.S. President Donald Trump’s imposition of tariffs on steel and aluminum.