Business

The latest tariff salvos between the United States and China have brought a trade war closer to reality. It’s a risk that the world’s biggest economy is well-positioned to ride out.

Tit-for-tat tariff threats from the United States and China ignited fears that a trade war is beginning between the world’s two largest economies, lowering U.S. stock futures.

Although they’re undoubtedly experts in the trucking industry, the folks at E.M. Tharp/Golden State Peterbilt admit they weren’t so great at credit and collections. Find out what happened when they entrusted accounts receivable management to Interstate Billing Service.

Groups representing truckers and other motorists asked a federal judge April 2 to halt the Pennsylvania Turnpike Commission’s payments to PennDOT for state transportation projects while the court decides their claims that turnpike tolls are unconstitutionally excessive.

The Federal Motor Carrier Safety Administration plans to submit a proposal that will lengthen the amount of time a commercial learner’s permit is valid, according to a statement from the agency.

Growth in U.S. service industries cooled in March for a second month as orders settled back from the fastest pace in more than 12 years, a survey from the Institute for Supply Management showed April 4.

Sales in February of used Class 8 trucks were flat year-over-year with the average price showing a modest uptick, ACT Research Co. reported as the formerly oversupplied market is in better shape.

Boeing Co. is considering whether to convert used 777 passenger jets into freighters, seeking to capitalize as booming e-commerce sales spur new demand for airfreight worldwide, sources familiar with the matter said.

WASHINGTON — On the campaign trail, President Donald Trump reiterated his pledge to “Make America Great Again” by reinvesting in infrastructure projects around the country. The news was greeted favorably by not only voters, but also municipal governments and the transportation industry.

An unsuccessful renegotiation of NAFTA would hurt the best for-hire freight environment in nearly 40 years, American Trucking Associations Chief Economist Bob Costello said. However, barring that “self-imposed risk,” this strong freight cycle could last an additional 18 months or more, he said.