Trump tariffs see Eroad lose major US customer

(Image: Eroad)

Fri, 21 Nov 2025

Eroad has reported a $146 million first-half net loss (from its year-ago $11m loss), driven by a $135m goodwill impairment – “reflecting the termination of a legacy customer, competitive dynamics and economic conditions in the North American market”.Chief executive Mark Heine would not name the firm that terminated its Eroad contract, but said it was “a large American customer” that generated around $9m in revenue per year.Heine said tariffs imposed by US President Donald Trump had reduced freight volumes in the US...

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