Shares of transport companies act higher on Monday after the president Donald Trump Posted on social media that will be a rate of 25% from 1 November that will come in from 1 November that enter the US.
What to know: Trump posted On social media, “from November 1, 2025, all medium and heavy trucks that enter the United States from other countries will be placed at a speed of 25%.”
According to BloombergThe announcement follows a research department that was launched in April in foreign heavy trucks and parts, with reference to national security problems and “predatory commercial practices” among a small group of overseas suppliers. The rate proposal was originally set to come into force on October 1, but was delayed in the midst of lobbying of detroit car manufacturers.
Shares of JB Hunt Transport Services, Inc. (Nasdaq: JBHT), Old Dominion Freight Line, Inc. (Nasdaq: ODFL), Schneider National, Inc. (NYSE: SNDR) and XPO Inc. (NYSE: XPO) All are increasing today.
Price actions: On the market on Monday, JB Hunt -shares 2.70% higher on $ 141.67, Old Dominion shares traded 1.05% higher at $ 142.82, Schneider -shares trading 1.43% higher at $ 22.054 and XPO shares 3,85% higher on $ 133.45 133.45, according to data of $ 133.45, according to data of $ 133.45, according to data Petrol.
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