Former First Brands executive Peter Andrew Brumbergs pleaded guilty Jan. 27 to falsifying financial statements, inflating invoices and double‑pledging collateral to secure financing. The fraud ...

FedEx said it will return any tariff refunds to shippers and customers who paid them after suing in the U.S. Court of International Trade over illegal IEEPA tariffs. The refunds matter because more ...

Section 232 tariffs on medium- and heavy‑duty trucks and parts remain the primary driver of pricing. Truck makers and suppliers are monitoring new tariff actions while evaluating supply chain effects.

President Donald Trump will sign a directive in the coming days raising his global tariff to 15% “where appropriate” and is seeking “continuity” with nations that struck trade deals, U.S. Trade ...

Lucid Group plans to boost electric vehicle output more slowly in 2026 following a year marked by production struggles and faltering demand for battery-powered vehicles in the U.S. The EV maker will ...

[Stay on top of transportation news: Get TTNews in your inbox.] European Union officials believe the U.S. will soon streamline its broad tariffs on products containing steel and aluminum, a topic that ...

[Stay on top of transportation news: Get TTNews in your inbox.] The Trump administration is likely to face legal obstacles if it argues against refunds for the tariffs struck down by the Supreme Court ...

Forward Air reported a net loss in Q4 as it continued restructuring efforts and advanced a strategic review. The for-hire carrier consolidated domestic operations into one ground network and adjusted ...

Massachusetts Gov. Maura Healey imposed a nonessential travel ban in Bristol, Plymouth and Barnstable counties as a severe winter storm buried the region. The storm caused more than 300,000 power ...

[Stay on top of transportation news: Get TTNews in your inbox.] Walmart Inc.’s bonuses for U.S. corporate staff will once again surpass their target, a reflection of the retailer’s strong performance ...

President Donald Trump said he wants a global tariff of 15%, up from 10% he'd announced Feb. 20 after the U.S. Supreme Court struck down many of the far-reaching taxes on imports he had imposed over ...