President Donald Trump said his 25% tariffs on Canada and Mexico are coming on Feb. 1, but he’s still considering whether to include oil from those countries as part of his import taxes.
January 30, 20252014 Essential Financial and Operating Information for the 50 largest logistics companies in the U.S. and Canada
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Extras
On the Bubble
Trump: Tariffs on Canada, Mexico Still Set to Begin Feb. 1
US Ports End Year on High Note
U.S. ports capped off 2024 with solid growth, as most major facilities reported volume increases for December.
Committee on Freight Policy Examines Panama Canal Operations
A Senate panel on Jan. 28 took aim at China’s involvement with operations at the Panama Canal and examined President Donald Trump’s economic strategy linked to travel by U.S. ships through the facility.
C.H. Robinson Reports 382% Earnings Jump for Q4
The Eden Prairie, Minn.-based logistics and shipping company on Jan. 29 posted net income of $149.3 million, or $1.22 a diluted share, for the three months ending Dec. 31.
UPS Posts 1.5% Revenue Growth; Shares Fall on Amazon Deal
UPS Inc. experienced revenue and earnings growth despite a tougher freight market in the fourth quarter of 2024, the parcel delivery company reported Jan. 30.
Passenger Jet Collides With Army Copter Near D.C.-Area Airport
ARLINGTON, Va. — A jet carrying 60 passengers and four crew members collided Jan. 29 with an Army helicopter carrying three soldiers around 9 p.m. EST while landing at Ronald Reagan National Airport near Washington.
January 30, 2025Tariff Doubts Send Oil Prices Lower Ahead of Fed Meeting
Oil fell below $73 a barrel after President Donald Trump’s pick for commerce secretary suggested tariffs on Canada and Mexico are not a done deal.
QXO’s Hostile Bid for Beacon Roofing Fuels M&A Optimism
M&A specialists are eyeing a robust list of U.S. takeover candidates, with a buoyant economy, strong buyer appetite and a potentially looser regulatory regime seen driving more deals.
Uber Tests Price Lock Pass to Rival Lyft
Price-guarantee plans represent a potential new source of revenue for Uber, which said recently that a slowdown in U.S. rideshare bookings has been weighing on its core mobility unit.
Freeland: Canada Can Work With Trump to Challenge China
The Canadian candidate for prime minister said she believes Trump is smart and is threatening to impose tariffs on allies in part to pave the way for tougher policies on China.