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Trump Insists Plan for Higher Tariffs Will Move Ahead

President Donald Trump suggested another delay to his higher so-called “reciprocal†tariffs was unlikely, raising pressure on nations to negotiate trade deals with his administration.

April 25, 2025

AIT Acquires Miami-Based Forwarder Gsdmia

AIT Worldwide Logistics has finalized an agreement to purchase the assets of Miami-based international freight forwarder Gsdmia.

April 25, 2025

United Rentals Q1 Profit Dips, Beats Expectations

Profit fell due to weaker specialty rental margins, lower used equipment sales and higher expenses, including those related to the terminated H&E Equipment Services acquisition.

April 25, 2025

Motive Focuses on AI for Trucking at Vision Conference

“Our work here will never be done,†Motive CEO Shoaib Makani said during a keynote address. “We are going to continue to solve new problems and expand the scope of this platform."

April 25, 2025

Wisconsin Awards $468,255 in CDL Grants to Train 260 Drivers

The Wisconsin Department of Workforce Development has awarded $468,255 in grants for commercial driver license training to get 260 drivers on the road.

April 25, 2025

Continental Appoints New CFO Ahead of Parts Maker’s Overhaul

Continental appointed company veteran Roland Welzbacher to succeed Olaf Schick as CFO as the German manufacturer sheds units to focus on its more profitable tires business.

April 25, 2025

IMF Members See World at ‘Pivotal Juncture’ Amid Trade Wars

The world economy is at a “pivotal juncture†as trade tensions flare, members of the IMF said in a draft statement after discussions that have been overshadowed by the trade war.

April 25, 2025

Energy Secretary Aims to Reassure Oil Bosses Amid Trade War

Energy Secretary Chris Wright sought to reassure U.S. oil companies during a visit to Oklahoma, saying turmoil from President Donald Trump’s trade war is apt to be fleeting.

April 25, 2025

Auto Carrier Could Take $70 Million Hit From US Port Fees

Hoegh Autoliners ASA, an Oslo, Norway-based car carrier, said that a plan to impose fees on foreign ships calling at U.S. ports could cost the company as much as $70 million.

April 25, 2025