The suit argues that Congress didn’t grant Trump the necessary authority to impose the tariffs and national trade policy “now hinges on the president’s whims."
April 23, 2025Trucking Business News
Transport Topics business coverage focuses on the financial, economic, and commercial aspects of the modern freight business. Looking at both the microeconomic and macroeconomic forces shaping bottom lines, the news in this category includes labor news, jobs reports, tonnage and sales indicators, operations analysis, money and banking, mergers, acquisitions, e-commerce, bankruptcy, insurance issues, and more.
States Sue Trump Over Tariffs Imposed Without Congress
Volvo’s US Job Cuts to Total 1,000 VTNA, Mack Employees
CEO Martin Lundstedt dropped the bombshell in the final moments of the truck and bus maker’s first quarter of 2025 earnings call, revealing an additional 200 or so jobs would be cut.
April 23, 2025Old Dominion Freight Line Q1 Profit Falls 12.9%; OR Weakens
Profit at Old Dominion Freight Line fell in the first quarter of 2025 and executives say growing optimism for upcoming quarters has been squelched by macroeconomic uncertainty.
April 23, 2025Trump Hasn’t Offered Unilateral Tariff Cuts on China
Treasury Secretary Scott Bessent said that the Trump administration is looking at multiple factors regarding China beyond just tariffs — including non-tariff barriers.
April 23, 2025Motive Targets Spreadsheet Pain With New Data Tool
Motive Analytics is an integrated data analysis tool that provides fleets with real-time responses and reports. It’s designed to be accessible to people regardless of their expertise.
April 23, 2025Trailer Orders in March Surge 63% From Previous Year
U.S. trailer orders in March broke from the pattern of year-over-year declines to surge 63% from the previous year, ACT Research reported.
April 23, 2025CVSA International Roadcheck Event Set for May 13-15
During the three-day event, which takes place across Canada, Mexico and the United States, law enforcement personnel will conduct inspections of commercial motor vehicles and drivers.
April 23, 2025States Adopt Streamlined Medical Certification Rule Early
Wisconsin, Rhode Island and Missouri are early adopters of a new online process to streamline the handling of Medical Examiner’s Certification for commercial vehicle drivers.
April 23, 2025Trump Floats ‘Substantial’ China Tariff Cuts in Trade Deal
President Donald Trump said he plans to be “very nice” to China in any trade talks and that tariffs will drop if the countries can reach a deal, a sign he may be backing down from his tough stance.
April 23, 2025Norfolk Southern Profit Increases in Q1
Norfolk Southern’s quarterly profits were again inflated by insurance payments related to its disastrous 2023 derailment in Ohio, but even without that, the railroad’s profits grew.
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