Peter Eavis

User banner image
User avatar
  • Peter Eavis

Posts

Union Pacific in Talks to Acquire Norfolk Southern

The merger of two large rail companies would create the first coast-to-coast network, but the deal could reduce competition.

Union Pacific in Talks to Acquire Norfolk Southern

The merger of two large rail companies would create the first coast-to-coast network, but the deal could reduce competition.

U.S. Steel Producers Raise Prices After Tariffs Stymie Imports

Steel producers like Cleveland Cliffs and Steel Dynamics both said this week that they raised prices after President Trump imposed a 50 percent tariff on…

New Fees on Floating Garages Are Trump’s Latest Effort to Revive U.S. Shipbuilding

President Trump is targeting special foreign-made vessels called ro-ros, which transport vehicles, but the fees could raise the price of cars up to $300.

Red Sea Remains No-Go for Ships Despite Cease-Fire With Houthis

Traffic through the Suez Canal is down about 60 percent since 2023, even after Trump-ordered attacks on the Houthis and now a cease-fire.

Trump’s China Tariffs Are Having a ‘Massive Impact’ on Small Business

A small Vermont business that sells water bottles used by cyclists and others is struggling to adapt to President Trump’s tariffs even after they were…

Trump’s Plan to Revive US Shipbuilding Would Take Billions and Many Years

President Trump and members of Congress want to revive U.S. shipbuilding with subsidies and penalties against Chinese-built ships. But there are obstacles.

UPS Says It Will Cut 20,000 Jobs in Efficiency Drive

The move comes as President Trump’s tariffs are reducing shipping volumes and is in addition to 12,000 job cuts last year.

What to Know About Who Pays the Higher Costs of Trump’s Tariffs

President Trump’s trade policies will make imports more expensive and calculating and paying the tariffs more complicated.

Delta Warns Trump’s Trade War Could Lead to a Recession

Delta is one of the largest U.S. companies to warn that the escalating trade war is weighing on its business and the global economy.