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Benzinga
Benzinga
Business
Dylan Berman

Trucking Company Stocks Are Climbing Monday: What's Driving The Rally?

Donald Trump Nasdaq
Spokane,,Washington,Usa,March,2,,2022,Old,Dominion,Freight,Lines

Shares of trucking companies are trading higher on Monday after President Donald Trump posted on social media that, as of Nov. 1, imported medium- and heavy-duty trucks entering the U.S. will be subject to a 25% tariff.

What To Know: Trump posted on social media that "Beginning November 1st, 2025, all Medium and Heavy Duty Trucks coming into the United States from other Countries will be Tariffed at the Rate of 25%."

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