Trump Signals 25% Tariffs on Auto, Tech, Drug Imports
Transport Topics News
by Hadriana Lowenkron
7h ago
President Donald Trump said he would likely impose tariffs on automobile, semiconductor and pharmaceutical imports of around 25%, with an announcement coming as soon as April 2 ..read more
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Diesel Price Bumps Up 1.2¢ to $3.677 a Gallon
Transport Topics News
by
7h ago
The national average diesel price crept up 1.2 cents to $3.677 a gallon, according to U.S. Energy Information Administration data Feb. 18 ..read more
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BP Weighs $10 Billion Sale of Castrol Lubricants Unit
Transport Topics News
by Bloomberg News
7h ago
A sale of the business is one of the many options BP is considering to win back investor confidence after years of underperformance, sources said ..read more
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EPA Takes First Step to Block CARB Clean Trucks Rule
Transport Topics News
by Eric Miller
7h ago
The EPA has taken a first step aimed at rescinding the Biden administration’s waivers granted for California’s Advanced Clean Trucks and Omnibus low nitrogen oxides rules ..read more
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Ford Slashes Middle Manager Stock Awards to Trim Costs
Transport Topics News
by Keith Naughton
7h ago
Ford Motor Co. is eliminating stock award bonuses for about half of its middle managers in an effort to boost performance as the automaker confronts declining profit and high costs ..read more
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Herc Rentals to Merge With H&E After Outbidding United
Transport Topics News
by Keiron Greenhalgh
10h ago
Herc Rentals is set to merge with fellow construction equipment supplier H&E Equipment Services after outbidding the largest player in the field, United Rentals, the company said Feb. 18 ..read more
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Toyota Aids LG Battery Plant With $1.5 Billion Order
Transport Topics News
by Gabrielle Coppola and David Welch
10h ago
Toyota has agreed to shift a $1.5 billion order with LG Energy Solution to bolster operations at a Michigan battery plant after General Motors backed out of the project ..read more
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Brazil to Join OPEC+
Transport Topics News
by Fabiano Maisonnave
10h ago
Brazil’s government on Feb. 18 approved joining OPEC+, signaling the country’s evolution into a major oil state just nine months ahead of hosting the United Nations’ annual climate summit ..read more
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ATA Truck Tonnage Remains Unchanged for January
Transport Topics News
by Connor D. Wolf
10h ago
The freight market didn’t change much starting the new year with tonnage remaining sequentially the same for January, American Trucking Associations reported ..read more
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Continental to Cut 3,000 Jobs to Slash Costs at Auto Unit
Transport Topics News
by Stefan Nicola and Wilfried Eckl-Dorna
10h ago
Continental AG is cutting around 3,000 research and development jobs at its automotive unit as the German parts maker prepares to spin off the struggling business ..read more
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