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Updated: 51 min 56 sec ago

Musk's 2018 Tesla Pay Plan Reinstated After 7-Year Battle

Fri, 12/19/2025 - 16:14
Elon Musk won reinstatement of his 2018 pay package as CEO of Tesla, after the Delaware Supreme Court reversed the finding of a judge who said the billionaire had influenced board members.

Polestar Receives Lifeline With $300 Million in New Financing

Fri, 12/19/2025 - 16:00
Polestar Automotive Holding UK has secured $300 million in new financing, giving the cash-burning electric vehicle maker a fresh lifeline as it contends with heavy losses.

Scott McPherson to Succeed George Holm as PFG CEO

Fri, 12/19/2025 - 15:39
The move comes less than one month after Richmond, Va.-based PFG and US Foods called off talks for a planned merger that would have reshaped the food service carrier arena.

N.Y. Offers $300M in Port Improvements to Back Wind Projects

Fri, 12/19/2025 - 14:40
New York is offering $300 million for port improvements in a signal of support for an offshore wind industry that’s been battered by the Trump administration. 

9 Drugmakers Reach Deals With Trump on Prices to Avoid Tariffs

Fri, 12/19/2025 - 14:00
President Trump announced deals with nine pharmaceutical companies, the latest in a series of pacts designed to lower prices for some Americans in exchange for a reprieve from tariffs.

FedEx Posts Higher Earnings as Spinoff Plans Advance

Fri, 12/19/2025 - 12:55
The results hovered around expectations by investment analysts on Wall Street, which had been looking for $4.07 per share and quarterly revenue of $22.88 billion.

Averitt Expands Dedicated Unit to Include Tanker Operations

Fri, 12/19/2025 - 12:50
Averitt Express added dedicated tanker truck services to its logistics offerings for bourbon distilleries, expanding its long-standing role in supporting the industry.

Maersk, Hapag-Lloyd Reroute Ships From Baltimore

Fri, 12/19/2025 - 09:26
A.P. Moller-Maersk and Hapag-Lloyd have switched a major route for their Gemini joint venture to the Delaware River container terminals, effective Jan. 4.

Stord to Expand Facilities in Kentucky, Adding 500 Jobs

Fri, 12/19/2025 - 08:57
Stord is planning a $40 million upgrade to an existing facility in Hebron and will add another building to its Kentucky footprint for fulfillment operations just outside Cincinnati.

More US Beef Plants May Close as Cattle Herds Keep Tightening

Fri, 12/19/2025 - 08:17
Cattle placed in U.S. feedlots, where animals are fed until ready to be slaughtered, are expected to have dropped in November to the lowest levels for the month since 2015, Bloomberg reports.

Toyota to Sell Made-in-America Cars in Japan to Please Trump

Fri, 12/19/2025 - 07:56
The Camry sedan, Highlander SUV and Tundra pickup truck will go on sale in Japan from 2026, Toyota said Dec. 19. The vehicles are produced in Kentucky, Indiana and Texas, respectively.

US, Canada to Enter Trade Talks in Mid-January, Carney Says

Fri, 12/19/2025 - 07:29
The United States-Mexico-Canada trade pact is up for review in 2026. Prime Minister Mark Carney confirmed to provincial leaders that trade representative Dominic LeBlanc will attend the meetings.

Energy Transfer Halts LNG Project to Focus on Gas Pipelines

Thu, 12/18/2025 - 17:20
Billionaire Kelcy Warren’s Energy Transfer LP suspended development of a Louisiana liquefied natural gas export project to concentrate on building and expanding pipelines. 

Trump Orders Move to Ease Federal Cannabis Restrictions

Thu, 12/18/2025 - 16:00
President Donald Trump on Dec. 18 signed an executive order directing his administration to move cannabis into a less restrictive federal category, a shift ATA has long been wary of.

House Passes Plan to Fast-Track Infrastructure Projects

Thu, 12/18/2025 - 15:00
Republicans’ plan to fast-track federal approvals of power plants, pipelines and other energy and infrastructure projects passed the House on Dec. 18, sending the measure to the Senate.

California Sues DOT Over Frozen Federal Transportation Funds

Thu, 12/18/2025 - 14:45
California is suing the U.S. Transportation Department over the permanent loss of more than $33 million in safety grants tied to English-language rules for truck drivers.

Health Care Logistics Shines Through 2025’s Cloudy Market

Thu, 12/18/2025 - 13:15
From dedicated transport contracts to medical device, clinical trial, biopharma, cell and gene therapy logistics, there is a growing awareness of the opportunities available.

Sterling Anderson Is Front-Runner to Succeed GM's Mary Barra

Thu, 12/18/2025 - 13:10
Anderson joined the company as chief product officer in June after working for Tesla and co-founding Aurora Innovation. His job is to bring cutting-edge software and self-driving tech to GM cars.

LTL Market Disappoints in 2025

Thu, 12/18/2025 - 12:30
LTL was something of a latecomer to the downturn, with the August 2023 demise of the then-No. 3-ranked LTL player Yellow Corp. shielding its peers from excessive headwinds.

Class 8 Sales Fall Below Prior Year for Fifth Straight Month

Thu, 12/18/2025 - 12:00
U.S. Class 8 retail truck sales hit their fifth consecutive month of year-over-year declines in November, according to data from Omdia Automotive.

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