In a thinly veiled swipe at President Trump’s trade policy, the U.N. says protectionism will result in weaker maritime demand over the next five years.
Trump’s tariffs might hurt the U.S. economy in the long run; Waymo is re-entering Arizona for autonomous truck testing; China might look to restrict rare-earth material export to the U.S. over trade war.
A credits markets reporter writes about the waning value of the motor fuels tax screen. A logistics company starts-up in Myanmar. And the supposedly available US labor pool is not as available as one might think
The annual deficit in goods and services increased by $68.8 billion, or 12.5 percent, according to Commerce Department data released today.
Upheaval caused by the U.S.-China trade war has some freight interests uneasy about giving Trump more tariff power.
China has problems that go well beyond U.S. tariffs.
EU guns towards a new regulation that forces fleets to provide minimum wages to drivers; OPEC meets today over oil price turmoil and production ceiling; China agrees to resume U.S. soybean and LNG imports.
As far as investors are concerned, the trade war is effectively back on.
How much volume is POLA pulling from Q1 activity?
Trump going the wrong way on trade, FedEx founder says
The ports of LA and Long Beach witness a fall in imports due to upcoming tariffs; Hurricane Florence is now a Cat 2 storm; California passes bill that would make its electricity carbon-free by 2045.
