Commerce Express Weekly Road Map:
June 10th, 2025
Keeping you informed on the latest news/insights in our industry.
Tariffs:
- As we mentioned last week, the U.S. Court of International Trade ruled that President Trump exceeded his authority in imposing certain tariffs. The Trump Administration has appealed the ruling and asked a federal court to grant a temporary stay, which was granted. This allows the tariffs to remain in place for now.
- On June 4th, steel and aluminum tariffs were bumped from 25% to 50% effectively, per an Executive Order. The United Kingdom has been exempt from the additional 25% increase, for now.
Diesel Update: The average price of diesel increased by 2 cents a gallon. Putting the average price of diesel at $3.471, per the U.S. EIA.
A mixed bag this week as the Midwest region was up 4.1 cents, USWC down 0.4 cents, USGC up 1.2 cents, and the USEC up 0.8 cents.
Manufacturing: The Manufacturing activity in May contracted again, for the third straight time. As Transport Topics reports, industries such as paper products, wood and print all felt contraction this month. While plastics and rubber, non-metallic minerals and petroleum saw activity expand.
Commerce Blog
It’s unfortunate that predatory towing is a reality. The towing industry as a whole is often overlooked for the helpful services it provides for safe and effective solutions for transporting vehicles. Whether it’s saving the day when your car breaks down or clearing the roads of hazards after accidents, towing is a service no one wants to ever use, but will no doubt be thankful for when they do have to.
This blog is about predatory towing, its impacts on trucking, and how carriers (and their fleets) can prevent it.
CVSA Brake Safety Week Dates, Focus Areas Announced
Every year the Commercial Vehicle Safety Alliance (CVSA) conducts Brake Safety Week which includes vehicle inspections, educating drivers/carriers, and provide inspection/violation data to the CVSA.
This year, Brake Safety Week falls on August 24th-30th. The focus area for this year is on drums and rotors, which can have an affect on vehicle’s brake efficiency.
The Brake Safety Week initiative’s goal is to improve brake safety throughout North America and to eliminate roadway crashes through their inspections and education. If vehicles are deemed to be in violation, they will be removed until fixed.
Sometimes truckers throughout this week will take it off to avoid the hassle of potential inspections. This in turn can have an impact on truckload capacity and rates, as less truckers on the road can raise prices and also potentially transit times.
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