Shares of logistics and freight-related companies are trading lower after President Trump said in a social media post that tariffs on cars, trucks, automotive parts and steel will be increased to 50% from January 1, 2027. The tariffs are likely to...
Saia, Inc.
J.B. Hunt Transport Services, Inc.
Old Dominion Freight Line, Inc.
RXO, Inc. Common Stock
Universal Logistics Holdings, Inc.
Saia, Inc. SAIA | 0.00 | |
J.B. Hunt Transport Services, Inc. JBHT | 0.00 | |
Old Dominion Freight Line, Inc. ODFL | 0.00 | |
RXO, Inc. Common Stock RXO | 0.00 | |
Universal Logistics Holdings, Inc. ULH | 0.00 |
Shares of logistics and freight-related companies are trading lower after President Trump said in a social media post that tariffs on cars, trucks, automotive parts and steel will be increased to 50% from January 1, 2027. The tariffs are likely to curtail the profitability of lucrative U.S.-Canada cross-border logistics routes.