Morning Minute | June 5, 2025
Tune into this episode of the FreightWaves Morning Minute for crucial updates impacting the freight industry, including the recent doubling of tariffs on imported steel and aluminum. These duties now stand at 50%, effective Wednesday, aiming to bolster domestic metals manufacturing and shield American steel worker jobs. This move has prompted Canada to negotiate for tariff removal, while Mexico has denounced the hike as a violation of the United States-Mexico-Canada Agreement (USMCA). We also delve into the latest from LTL carrier XPO, which reported a modest 5.7% year-over-year decline in…
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