The ­businesses say introducing the charge for EVs will hinder the already sluggish take-up of electric vans used for deliveries to homes and businesses.

Direct materials procurement platform SourceDay has introduced SourceDay Intelligence.

The proposed levies range between 7.8% on imported Teslas made in China to as much as 45% for some Chinese automakers.

A strike at U.S. East and Gulf Coast ports enters its third day, with talks between the ILA and USMX remaining fraught.

Helene is already one of the deadliest mainland storms in the history of the U.S., with more than 100 people killed in the days since it first made landfall. 

The ILA has said that the most recent offer from the USMX "fails to address the demands of our members adequately."

Alternative East Coast ports — including Montreal, where half of the terminals are shut down by a strike — will not be able to handle large scale diversions.

The union recently claimed that carriers "are gouging their customers," alleging that it now costs $30,000 to ship a single container. Not so, says freight rate analytics company, Xeneta.

The strike affects ports with the combined capacity to handle as much as half of all U.S. trade volumes.

Aston Martin now expects to make 1,000 fewer cars in 2024 than it had originally projected for the year, while sales are projected to come in below 2023's totals.