Automotive and Transportation
Automotive and Transportation
Tue, December 17, 2024
[ 01:21 AM ] - United States, Reuters
Mon, December 16, 2024
[ 08:41 PM ] - United States, Woodworking Network
[ 04:01 PM ] - United States, AM-online
[ 01:41 PM ] - United States, MSN
[ 12:41 PM ] - United States, Seeking Alpha
[ 09:01 AM ] - United States, Reuters
[ 06:41 AM ] - United States, Reuters
[ 05:01 AM ] - United States, MarketWatch
[ 01:21 AM ] - United States, Reuters
Sun, December 15, 2024
[ 11:21 AM ] - United States, Reuters
[ 03:21 AM ] - United States, The New York Times
Sat, December 14, 2024
[ 06:41 AM ] - United States, Reuters
Fri, December 13, 2024
[ 10:41 PM ] - United States, The New York Times
[ 07:21 PM ] - United States, USA Today
[ 06:41 PM ] - United States, Seeking Alpha
[ 04:21 PM ] - United States, Tennessean
[ 03:21 PM ] - United States, news.bloomberglaw
[ 01:21 PM ] - United States, Detroit News
[ 01:21 PM ] - United States, The Verge
[ 11:01 AM ] - United States, MSN
[ 10:41 AM ] - United States, manilatimes
[ 08:21 AM ] - United States, Reuters
[ 07:01 AM ] - United States, riazor
[ 06:41 AM ] - United States, Reuters
Trump tariffs endanger struggling US trucking industry, experts say
- President-elect Donald Trump's threatened tariffs on top trade partners China, Mexico and Canada would deal a blow to the $1.7 trillion U.S. transportation industry and worsen a nearly three-year trucking recession,
The article from Reuters discusses how former President Donald Trump's proposed tariffs, if implemented, could exacerbate the ongoing slump in the U.S. trucking industry. Experts suggest that these tariffs would increase the cost of goods, thereby reducing consumer demand and subsequently lowering the need for freight transportation. The trucking sector, already facing challenges from overcapacity, high operational costs, and a shift towards more efficient logistics, would see further strain as higher tariffs could lead to reduced trade volumes. This situation is compounded by the industry's struggle with driver shortages, regulatory changes, and economic pressures, potentially leading to more bankruptcies and downsizing within the sector.
Read the Full Reuters Article at:
[ https://www.reuters.com/business/autos-transportation/trump-tariffs-could-intensify-us-trucking-industry-slump-experts-say-2024-12-13/ ]
Read the Full Reuters Article at:
[ https://www.reuters.com/business/autos-transportation/trump-tariffs-could-intensify-us-trucking-industry-slump-experts-say-2024-12-13/ ]
Contributing Sources