ArcBest sees 5 ways shippers are reacting to tariffs
COO Eddie Sorg described conversations with customers as a “mixed bag.” For example, some are utilizing more domestic manufacturing and…
Cold play: Toy industry faces ‘devastating’ impact from tariffs
Around 96% of American toy companies are small- and medium-sized businesses. Nearly half of them could shutter due to U.S. tariff policies.
UPS confirms building closures, shift cuts in 4 states
The reductions are part of the carrier’s plan to trim its network footprint in the face of shrinking volume from…
Rocky Brands’ sourcing shift buoyed by inventory buffer
The footwear manufacturer is also opting to pause or delay shipments in a bid to mitigate the impact of tariffs.
Tariff talks with shippers reflect a ‘muddied’ outlook, Werner says
The carrier reported lower utilization from “stop and go” activity as customers remained concerned around new duties.
US, UK reach deal on tariffs, market access
The deal includes a reduced tariff for some U.K. automobiles and is the first the Trump administration has secured after…
Walmart touts savings from continued automation efforts
The retailer predicts it will slash costs by more than 30% at its high-tech facilities by year’s end, one executive…
Ocean rates flat on Asia-to-US trade lanes
A decrease in volumes has contributed to an uptick in blank sailings, per Xeneta Chief Analyst Peter Sand.
Trump orders FDA to help speed building of new drug factories
Pharma companies are looking to avoid potential tariffs by boosting U.S. manufacturing capacity, but such efforts take time.
Lineage to buy, build Tyson cold-storage warehouses in $1B plan
The warehousing giant plans to purchase four facilities and build two more for Tyson, which will occupy the new locations…