Regulation: Page 25
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Report: Apple asks suppliers to model cost of production outside China
Apple testified Thursday in U.S. Trade Representative hearings and said the list four tariffs would "tilt the playing field in favor of our global competitors."
By Morgan Forde • June 20, 2019 -
Mexico becomes 1st country to ratify USMCA
Despite Mexico's ratification, support and skepticism for the deal remain largely unchanged in the U.S. Congress.
By Emma Cosgrove • June 20, 2019 -
FMCSA denies UPS' exemption request on trainer experience
The logistics company called new rules from the Federal Motor Carrier Safety Administration taking effect next February a "significant burden" and said the rules would "impede its ability to meet the demand for new drivers."
By Matt Leonard • Updated Dec. 9, 2019 -
Port of Oakland puts electric power, fleets at center of zero-emissions strategy
The 259-page plan provides a framework for changes that will take place over the next 30 years as the port seeks to operate on zero emissions.
By Matt Leonard • June 19, 2019 -
Trump, Xi to resume US-China trade talks at upcoming G20 summit
Businesses on both sides of the Pacific hope for a resolution, or at least a stabilization, of the unpredictable trade war.
By Morgan Forde • June 19, 2019 -
USTR hearing: 7 days of tariff testimony begin
More than 300 businesses or associations plan to provide testimony on how the proposed tranche four China tariffs would impact their businesses.
By Matt Leonard • June 17, 2019 -
US denies tariff exemptions for Tesla, GM, Uber
The tariff-exempt technologies are material to Beijing's "Made in China 2025" initiative or other critical industrial programs, according to the USTR.
By Morgan Forde • June 14, 2019 -
FDA taps Merck for blockchain pilot project
IBM, Walmart and KPMG will also be a part of the initiative, which aims to track medicines and ensure their integrity.
By Kristin Jensen • June 13, 2019 -
DOT marks $600M in grants for port, rail infrastructure
The U.S. Department of Transportation announced a slate of grants for coastal ports and state railroads this week, aimed at improving infrastructure, safety, technology and efficiency.
By Morgan Forde • June 13, 2019 -
Trucking industry takes to the Hill with 'competing ideas'
Eight witnesses from the trucking industry discussed everything from hours of service to truck weight in a House Transportation Committee meeting this week.
By Matt Leonard • June 12, 2019 -
Apple, Nintendo prepared to move production out of China
Foxconn, a Taiwanese manufacturer that builds Apple's iPhones in China, said its global manufacturing capacity outside of China would be expanded to meet customer needs if necessary.
By Morgan Forde • June 12, 2019 -
US to 'indefinitely' suspend Mexico tariffs
In a Friday night tweet, President Donald Trump said the 5% tariffs, originally set to take effect today are "hereby indefinitely suspended."
By Matt Leonard • June 7, 2019 -
Texas, Michigan would be hit hardest by Mexico tariffs
The states imported billions of dollars worth of goods from Mexico in 2018, and even the 5% tariff level would result in billions in extra cost that would have to be paid by either businesses or consumers.
By Matt Leonard • June 7, 2019 -
Tariffs could raise prices up to $25 at Ugg, Calvin Klein
Apparel brands that were safe from the Trump administration's tariff increases now find themselves highly exposed to the proposed tranche four tariffs, which include apparel, leather and textiles.
By Morgan Forde • June 5, 2019 -
Off-price retailers emerge as rare winners in trade war
Any business that can capitalize on uncertainty is sure to fair well in the midst of a global trade war. Burlington, Ross and TJX are able to do just that.
By Emma Cosgrove • June 5, 2019 -
Williams-Sonoma will halve China sourcing in the next year
The retailer made 2019 forecasts anticipating a jump from 10% to 25% on list three tariffs and "unfortunately, our pessimism turned out to be true," said CFO Julie Whalen on a recent earnings call.
By Emma Cosgrove • June 4, 2019 -
Dollar stores prepare to pass on new tariffs to shoppers
On recent earnings calls, both retailers touted their teams' ability to mitigate list three tariffs, even after the increase from 10% to 25% on May 10. But list four is another story.
By Emma Cosgrove • June 3, 2019 -
New tariffs could imperil Best Buy, Dick's and Bed Bath & Beyond
J.P. Morgan looks at which retailers would lose the most in a "disaster" scenario after the Trump Administration's latest trade salvos.
By Ben Unglesbee • May 29, 2019 -
Trade war unpredictability has ocean shippers, carriers bracing for the worst
Freight volumes are expected to decline if the fourth list of tariffs is approved and the deadlock between Washington and Beijing deepens, according to an analysis by Drewry.
By Morgan Forde • May 29, 2019 -
Goldman Sachs ups the odds of no-deal Brexit as May resigns
The British Chambers of Commerce said the uncertain climate surrounding Brexit has hurt the U.K.'s reputation as a good place to do business.
By Matt Leonard • May 28, 2019 -
Uber seeks approval for drone deliveries
Uber Technologies affiliate Uber Elevate has filed an application with the Federal Aviation Administration to deliver food in the San Diego market. An answer is expected by June 10.
By Alicia Kelso • May 23, 2019 -
Bangladesh factory oversight to transition to new council, prompting union concerns
Some union members worry this new agreement will put too much power in the hands of factory owners and result in more of the safety issues the Accord was initially created to avoid.
By Matt Leonard • May 23, 2019 -
Teamsters oppose proposed FMCSA pilot to lower driver age to 18
Public comments on the program indicate opposition to putting younger drivers behind the wheel of semi trucks for interstate commerce.
By Matt Leonard • May 22, 2019 -
US Supreme Court passes on UPS case for USPS price increases
UPS argued USPS' comparatively low delivery rates, set by the government, make it difficult for private 3PLs to compete.
By Morgan Forde • May 21, 2019 -
Nike, Adidas and others call on Trump to remove footwear from tariff list
In an open letter posted by the Footwear Distributors and Retailers of America, footwear brands called tranche four tariffs "catastrophic" and estimated a $7 billion annual impact on consumers.
By Matt Leonard • May 21, 2019