General News
House extends highway, other federal programs through Dec. 11
The House passed a short-term measure Sept. 1 that funds the federal government into early December and extends expiring federal surface transportation programs.
Canada extends fuel tax suspension into 2027
Canadian Prime Minister Mark Carney’s government will extend the suspension of a fuel excise tax to Jan. 31, 2027.
Montgomery ruling drives compliance unknowns, opportunities
The ruling left open the question of how to apply a so-called “reasonable care” standard that requires brokers to vet carriers they hire to haul freight.
Waymo seeks more than $3B in first debt deal to fund growth
Waymo is in the final stages of talks to raise debt for the first time, tapping lenders including Pacific Investment Management for more than $3 billion.
Used truck sales post 10.6% increase
ACT Research reported that sales increased 10.6% to 26,100 units from 23,600 the prior year and were up 4.8% sequentially from 24,900 units in June.
DOJ expands beef antitrust inquiry to Amazon, Walmart, others
The DOJ expanded its antitrust inquiry of the meatpacking industry by demanding information on surging beef prices from Amazon, Costco, Walmart and others.
Descartes buys Extensiv, inking its second deal in 2 weeks
Descartes said the deal would expand its warehouse and inventory management capabilities and at the same time extend its 3PL and e-commerce fulfillment portfolio.
Pabst hopes $20,000 reward cracks open cold beer case
Pabst Blue Ribbon wants its beer back, and it's offering a reward to help that happen.
Energy prices surge, raising concerns about inflation
European natural gas futures hit a three-year high and oil futures are moving closer to $100 a barrel as renewed fighting threatens to once again throttle energy supplies from the Persian Gulf.
High-value loads catch military hauler’s attention
“It was over $5,000 to go from Fort Polk, La., to San Antonio, Texas. “I was like, ‘No, that’s probably like three [trucks].’”
First electric Range Rover will cost more than $200,000
The new model will gauge the high-end market for a large electric vehicle amid uneven demand for battery-powered cars.
Trailer makers clash over proposed import duties
Did unfairly priced foreign shipments hurt U.S. trailer manufacturers, or are the Great Freight Recession and an inventory glut to blame for damaging the sector?
Trump pressures refiners to ease gasoline prices
An anonymous White House official said the discussion touched on regulatory changes, faster permitting and additional investments.
FMCSA revives freight broker transparency proposal
The agency never finalized its original proposal on broker transparency, published in 2024, after it extended the public comment period in 2025.
Uber to cut 3,300 jobs to reduce management layers
The massive restructuring is aimed at reducing management layers and reallocating spending into its ride-sharing, delivery and robotaxi businesses.
Chairman move cements BP CEO O'Neill's control
BP named Ian Tyler chairman following an interim stint in the role, ending a period of boardroom drama and allowing CEO Meg O’Neill to continue reshaping the company.
Oil prices steady as U.S. launches more military strikes
Brent crude, the international standard, was trading at $94.90 per barrel, up 0.1%. It was trading at around $72 a barrel before the start of the war in late February.
TFI’s autonomous LTL linehaul logic is sound, analysts say
TFI is working with an as-yet-undisclosed autonomous truck developer ahead of the technology’s introduction in LTL linehaul and then perhaps wider use.
Chevron finalizing deal tied to Venezuela oil assets
Chevron is finalizing a deal that will significantly expand its operations in Venezuela by adding two giant oil fields in the Orinoco Belt.
Diesel crack spread surges to record $106 a barrel
Global diesel supplies have faced severe constraints since the U.S. and Israel first attacked Iran in late February.