May’s inflation data was set to be the first real test of how consumer prices would be impacted by historically high tariffs.
With so many fingers pointed at so many targets, the Q1 GDP data must have been an absolute disaster, right? Well, no.
The strength in ocean bookings today will not translate into domestic freight volumes until May at the earliest.
The difficulty in comparing “hard” versus “soft” data is that sentiment influences decisions that will eventually bear out in the hard data.
Coursing through the different segments within FreightTech, just as with cloud computing before it, are big bets on AI.
The story of venture capital in 2024 was one of resilience and green shoots, but also one of hype in which the big fish ate the little ones.
In the run-up to Tuesday’s promised barrage of tariffs against Mexico, Canada and China, the U.S. industrial sector is not looking so hot — a dark omen for domestic freight demand.
J.P. Morgan analyst Brian Ossenbeck warned in a research note that Amazon’s entry as a for-hire competitor poses a substantial risk to LTL stocks.
Recent filings paint a stark picture of Nikola’s financial woes, with assets estimated between $500 million and $1 billion against liabilities ranging from $1 billion to $10 billion.
If consumers were able to keep pace with the incredible inflation of the early pandemic, they should be able to weather any storm kicked up by tariffs.
New tariffs pose a significant challenge for U.S. refiners, who are already grappling with declining profit margins.
Even cars assembled in the U.S. are not exempt from tariff shocks, as components from Mexico and Canada account for roughly 10% of the value of U.S.-built cars, with an additional 5% to 6% coming from Chinese inputs.
Businesses are heading into 2025 with lean inventories and high demand from consumers.
Consumers’ growing pessimism could trigger a pullback in discretionary purchases, directly weighing on trucking demand.
Despite encouraging signs, the U.S. manufacturing sector remains in the early stages of recovery.
President Trump said he was considering Feb. 1 as a start date for tariffs against Canada and Mexico, directing federal agencies to assess compliance with recent trade agreements.
Despite aggressive interest rate hikes by the Fed aimed at curbing inflation, the CPI’s decline in yearly growth has been gradual and uneven.
A stable labor market suggests carriers are less likely to face harsh wage competition, a common concern during periods of labor scarcity.
The latest U.S. sanctions on Russian oil are rumored to be expansive, encompassing two Russian oil companies and more than 100 tankers, as well as oil traders and Russian insurance firms. The sanctions may also hit Chinese banks that facilitate Russian oil trades.
Blanket tariffs, like any other tax, may include certain exemptions. It is these exemptions — not the tariffs themselves — that are the real tool.