General News
Love’s Travel Stops Acquires 3 Factoring Companies
Truck stop operator Love’s expanded its financial services arm with the acquisition of three factoring companies. The deals follow earlier factoring acquisitions in July 2020 and July 2024.
Walmart’s E-Commerce Platform Sees Temporary Outage
More than 6,000 customers reported they were unable to use the app or website the morning of Dec. 30, according to data collected by the website Downdetector.
Winter Storm to Descend on Great Lakes and Northeast
The storm that hit parts of the Plains and Great Lakes on Dec. 29 brought sharply colder air, strong winds and a mix of snow, ice and rain, leading to treacherous travel.
Year Ahead Will Test DOT Power to Withhold State Funds
An audit of states’ processes and procedures for granting non-domiciled commercial driver licenses and commercial learner’s permits was launched by DOT Secretary Sean Duffy in June.
Global 2025 LNG Exports Had Biggest Jump in Three Years
Exports are estimated to have risen 4% from last year to 429 million tons, according to Kpler. The rise was largely driven by projects like LNG Canada and Plaquemines in the U.S. ramping up output.
OPEC+ Likely to Confirm Oil Production Pause, Delegates Say
Key members led by Saudi Arabia and Russia will hold a monthly video conference Jan. 4, and review a decision to halt further supply hikes in Q1 after rapidly reviving production earlier this year.
Laredo Trucking Company Files for Chapter 11
Texas International Enterprises, a cross-border trucking and logistics company, has filed for Chapter 11 bankruptcy protection amid mounting debts and a challenging freight market.
Tesla Gives Pessimistic Car Sales Estimates in Unusual Move
By Tesla’s count, analysts on average expect the company to deliver 422,850 cars in the fourth quarter, down 15% from a year earlier.
Ocado Ends Exclusivity Terms After Setbacks to Kroger Deal
The move means Ocado can sell more of its technology to other retailers around the world, according to a statement Dec. 30.
Trump Muses About Ousting Powell as Fed Pick Nears
President Donald Trump has made numerous cryptic — and sometimes contradictory — remarks about his decision-making process regarding the new central bank chief.
New Jersey Grants $13M to Hydrogen Drayage Truck Port Pilot
New Jersey is paying $13 million to fund a near-term experiment testing the ability of hydrogen-powered drayage trucks to move cargo at the Port Newark Container Terminal.
A Look at the Experts Who Race to Decode Trump’s Tariffs
Customs broker Amy Magnus thought she’d seen it all, navigating regulations to import everything from lumber and bananas to circus animals and Egyptian mummies. Then 2025 hit.
Chevron Tankers Deliver Venezuelan Crude to Gulf Coast
Chevron has finished discharging a cargo from the vessel Searuby and is in the process of unloading ship Canopus Voyager, according to Bloomberg tanker tracking.
LTL Rebound to Kick Off in 2026, but Uncertainty Remains
The less-than-truckload market segment of the North American freight market is set to rebound in 2026, although when the up cycle will kick off remains a vexing question.
CBP Agents Enter Nation's CDL Enforcement Efforts
U.S. Border Patrol agents have joined efforts to remove truck drivers lacking legal U.S. residency from the road, apprehending more than 170 individuals near the borders of Canada and Mexico.
DHL Supply Chain Eyes Fleet of Tesla Semis
DHL Supply Chain expects to add multiple Tesla Semi tractors to its U.S. Class 8 fleet in the coming 12 months as part of long-term, companywide plans to decarbonize its fleet.
Hybrids Help Keep Automakers’ Electrification Plans Afloat
While fully electric cars and trucks made up 10% of all auto sales in the U.S. in the third quarter, another 15% of transactions were for hybrid vehicles, and analysts expect hybrid sales to continue accelerating.
Hyundai Recalls 50,000 Vehicles Over Fire Risk
Vehicles equipped with a Mobis tow hitch wiring harness are at risk because the wiring harness may have been installed incorrectly. This recall affects 2022, 2023 and 2024 model years of the Tucson SUV.
NYC Proposes 14 Miles of New Truck Routes for Staten Island
The proposed redesign “balances freight movement with community well-being” by adjusting the city’s truck routes, which have remained largely unchanged since the 1970s.
'Theft Ring' Nets $400,000 Worth of Live Lobsters
The federal Homeland Security Investigations launched an initiative dubbed “Operation Boiling Point” that looks to take down organized theft groups targeting cargo and retail supply chains.