GM and Ford Lobby to Save EV Tax Incentives
Among the options being floated if the Trump administration moves to strike EV incentives is a three-year wind down to allow more time for the companies to adjust their businesses.
Reefer Demand Drop Fails to Cool Carrier Q4 Earnings Growth
Carrier Global overcame weaker demand for refrigeration units from the North American trucking sector to post higher profit and sales in the fourth quarter of 2024, the company sai
Trump Considers Tariff Exemption on Australian Metals
President Donald Trump said he agreed to consider a tariff exemption on Australian steel and aluminum imports after a telephone call on Feb. 11 with Australia’s prime minister.
Fleets Weigh Pay, Balanced Lifestyle to Retain Truck Drivers
The driver shortage in the trucking industry continues, and longhaul routes remain the most vexing issue, according to experts.
Ford CEO Says Tariffs Would ‘Blow a Hole’ in Auto Industry
Ford CEO Jim Farley will travel to Washington on Feb. 12 to warn Congress that the 25% tariffs President Donald Trump has proposed on Canada and Mexico would “blow a hole” in t
Hub Group Q4 Profit Falls Despite Intermodal Volume Growth
Fourth-quarter and full-year profit and revenue at Hub Group fell as lower revenue per load outweighed increased intermodal volume amid an ongoing weak freight market, the company
Mexico to Start Talks With US on Steel, Aluminum Tariffs
Mexico will consult with the U.S. to explain why it considers the steel and aluminum tariffs ordered by President Donald Trump as “not justified,” said Economy Minister Marcelo
Elliott Builds More Than $2.5 Billion Stake in Phillips 66
Elliott Investment Management has built a more than $2.5 billion stake in oil refiner Phillips 66, and plans to push the company to sell or spin off its midstream business, Bloombe
Amazon Workers Seek $30 an Hour in North Carolina
Amazon employee organizers in Garner, N.C., won the right to hold an election this week to determine whether workers at the facility will be represented by an upstart union.
EU Vows to Tax Bourbon, Jeans, Peanut Butter, Motorcycles
U.S. tariffs on steel and aluminum “will not go unanswered,” European Union chief Ursula von der Leyen vowed on Feb. 11, adding that they will trigger tough countermeasures.