GM CFO looks to strategic pricing, costs to blunt $1.1B tariff impact
Trade deals with South Korea, Mexico and Canada will be important for the automaker’s future, the executive said Tuesday.
‘Losing steam’: Economy stalls amid trade uncertainty
As tariff impacts hit, production output, hiring and inventory levels are flatlining, per Victoria Bloom, chief economist at the National…
Why Yedi Houseware isn’t shifting sourcing amid tariffs
The SMB is raising some prices and rethinking its inventory mix instead of shifting production from China, where many of its products…
Union Pacific, Norfolk Southern confirm merger talks
“There are no assurances that we’ll reach an agreement, but we are talking,” UP CEO Jim Vena said.
BNSF launches expedited Los Angeles-to-Houston rail service
The railway operator can cut transport times for shippers by as much as 48 hours using the new service, according…
International Paper to close California container facility
The Buena Park shutdown, slated for the first week of August, is the latest in a string of closures that…
US, Philippines strike tariff deal
If finalized, the agreement would lower tariffs on imports from the Philippines to 19%, down from a 20% rate previously…
Air cargo prices lose more altitude in June
Most trade lanes recorded year-over-year rate declines as tariff uncertainty and excess capacity spurred a broad market slowdown, Xeneta reported.
Tariffs keep contractors guessing on material costs
Construction prices jumped 6% through May on an annualized basis, but the full impact of tariffs has yet to be…
US, Japan reach deal on tariffs, market access
If finalized, the agreement would place a 15% duty on imports from Japan, including for cars and auto parts.