President Trump’s 50% tariffs on almost all imported steel and aluminum into the U.S. took effect on Wednesday.
President Donald Trump said he will impose 50% tariffs on foreign steel, raising the rate from his original announcement.
Roughly 1,400 U.S. and Canadian steelworkers have been laid off due to tariffs, company officials said.
President Donald Trump’s tariffs are creating uncertainty for the automotive manufacturing industry, an expert on supply chain risk says.
The European Union and Canada on Wednesday placed $49 billion in trade duties on U.S. goods in response to President Donald Trump’s metals tariffs.
President Trump rescinded a threat of 50% tariffs on Canadian steel and aluminum after Ontario withdrew a 25% surcharge on electricity sold to the U.S.
President Donald Trump said he will impose a 25% tariff on steel and aluminium entering the U.S., a move that significantly affects trade with Mexico and Canada.
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Authorities in the United States and Mexico announced 25% tariffs on foreign-made steel from China and other countries routed through Mexico.
Pymnts CEO Karen Webster chats with Bryzos founder and CEO Shep Hickey about the challenges and opportunities involved in creating an online marketplace to sell steel for industrial uses.
Container, crude oil and petroleum shipments rose as ports in Houston and Corpus Christi recorded strong freight volumes in June.
Industrial chemicals, petroleum coke and dry bulk led the way in June
The Port of New Orleans reported a 4% increase in breakbulk cargo volume in May, fueled by steel and general cargo.
Metal manufacturing is responsible for nearly 8% of global emissions. En+ Group is producing aluminum with virtually no carbon footprint while SSAB and Volvo collaborate for fossil-free steel.
We are learning a bit more about Monday’s meeting between the Biden administration and numerous companies, specifically the list of attendees. At least two large automakers — Ford and GM — will be involved, and Alphabet, AT&T and Samsung will join Intel on the list of tech companies represented. We also know that the virtual […]
FreightWaves has produced a white paper, in partnership with Echo Global Logistics, reviewing the current state of various industrial freight verticals and future forecasts for each.
American steel producers have complained that imported steel rebar from Mexico and Turkey have unfairly undercut U.S. prices.
President Trump’s new measures are aimed at addressing steel import issues affecting American producers during the COVID-19 pandemic
Two U.S. steel companies recently announced they were expanding in Mexico through acquisitions and facilities upgrades.
Treasury Secretary Steven Mnuchin said the Iranian metals industry generates billions of dollars for the regime, contributing to its nuclear weapons program.
CEO Chris Spear leading a behind-the-scenes approach to influencing White House.
A short cost-benefit analysis of the mining, recycling and use of iron and steel.
Sub: Removal of levies on aluminum and steel end costly trade dispute – but both nations reserve right to resume them in response to dumping.
The facility will be capable of producing approximately 1.2 million tons of steel plate products per year. Nucor expects the plant to be fully operational by 2022.
U.S. and Canadian officials are negotiating an end to the costly import levies, which have wreaked havoc on cross-border supply chains.
Also in today’s issue: a beating shows the dangers to truckers, even off the road; an Indian company looks to disrupt that company’s trucking sector.
Despite an exceptionally strong year for trailer orders, Wabash National’s stock took a hit when the company guided downward for its Q3 results, blaming higher input costs and labor issues.
Daseke purchased the Memphis-based steel and aluminum carrier for $53.8 million, including $3.4 million in Daseke stock. Builders Transportation reported an estimated $72.4 million in revenue and an estimated $9.7 million in Adjusted EBITDA for the trailing 12-month period ended June 2018.
President Donald Trump’s tariffs appear to be driving up demand for American-produced aluminum and steel, but they are also driving up costs for equipment manufacturers.
Stock is down across the beer industry. The tariff costs to the industry will ultimately cost consumers.
As the Trump administration makes public its intent to look at using tariffs to address what it believes are inequities in global trade markets, it set the stock market into a tailspin for good reason. We decided to lay out a basic primer and history lesson on tariffs.
Trump recently announced plans to implement tariffs on steel and aluminum imports beginning next week. This move should help bolster the US domestic steel industry, but comes with many unintentional consequences affecting transportation and the economy overall
Coal, steel, and the railroads that carry those commodities saw stock gains; auto companies and aluminum-intensive manufacturer stocks slipped on the news.
The Trump administration is considering tariffs on foreign steel as a way to boost the purchase of American steel. But will this Buy American approach lead to an in increase in vehicle and other manufacturing costs?
Contract pricing, which has affected second-quarter earnings for a number of 3PLs, remains weak according to the latest data from FTR.
