General News
DOT Issues Final Non-Domiciled CDL Rule
The Department of Transportation has issued a final rule that tightens the criteria for immigrants who seek to obtain non-domiciled commercial driving privileges.
Rising Tariffs Help Cut Federal Deficit Despite Tax Changes
Tariff revenue helped shrink the budget deficit by 17% in the first four months of the fiscal year, as the Supreme Court weighs whether President Trump had the authority to impose most of his duties.
Lyft Falls Sharply on Profitability Concerns
Lyft suffered its worst stock decline in more than a year after the rideshare firm issued a disappointing forecast that missed Wall Street expectations.
Cheap Crude Delivers Big Earnings for US Refiners
Oil markets are awash in crude, keeping a lid on prices and squeezing drillers. For U.S. refiners, though, the glut is proving a windfall.
Ford Plans 5 New Models Under $40,000
Ford is planning to launch five new models priced under $40,000 by the end of the decade in a gambit to offer more affordable vehicles as the average cost of new cars tops $50,000 in the U.S.
Michelin Plans Big Buyback as Tire Sales Slow
Michelin plans to buy back as much as $2.4 billion worth of shares, as the French company seeks to keep investors on side with its tire business under pressure.
House Panel Advances Auto Safety Bill
The House Commerce, Manufacturing and Trade Subcommittee approved the Preventing Auto Recycling Theft Act, which would require new vehicles to have an ID number stamped onto converters.
Paccar Teases Launch of 2 EPA NOx 2027-Compliant Engines
Paccar is set to unveil two engine platforms ahead of the introduction of tighter Environmental Protection Agency nitrogen oxide emissions in 2027, senior executives said Feb. 10.
Authorities Break Up Multistate Diesel Theft Networks
Alleged multistate diesel fuel thieves have been arrested in one criminal ring that purportedly used cloned credit cards, while another operation involved hacking into truck stop pumps.
Energy Secretary Visits Venezuela to Assess Oil Overhaul
The U.S. government on Feb. 11 further asserted its self-appointed role in turning around Venezuela’s oil industry with the arrival of Energy Secretary Chris Wright for a firsthand assessment.
Fleets Can Target the ‘Low-Hanging Fruit’ of Decarbonization
Although zero-emission technologies are available, fleet operators also can achieve significant progress toward decarbonization through pragmatic, intermediate steps to improve efficiency.
GXO Closes Out Record-Setting Revenue Year
GXO achieved record revenue for the fourth quarter and in 2025, the company reported Feb. 10. Total revenue was $3.51 billion in Q4 and $13.2 billion for the full year.
Kraft Heinz Pauses Plans to Split Into 2 Companies
Kraft Heinz said Feb. 11 it's pausing its plans to split into two companies, with CEO Steve Cahillane saying "many of our challenges are fixable and within our control.”
US Adds Surprising 130,000 Jobs in January
The report included major revisions that reduced the number of jobs created last year to just 181,000, less than half the previously reported 584,000 and the weakest since the pandemic year of 2020.
QXO Set to Buy Kodiak Building Partners for $2.25 Billion
QXO agreed to buy Kodiak Building Partners to expand its construction products business into key U.S. markets. The deal will be funded with $2 billion of cash and 13.2 million shares.
Second Firm Suspends Deals With DP World Over Epstein Files
British International Investment halted investments with DP World over alleged ties between the port operator’s CEO and Jeffrey Epstein, the second suspension in the space of 24 hours.
Trump Privately Weighs Quitting USMCA Trade Pact
The president has asked aides why he shouldn’t withdraw from the pact, which he signed during his first term, though he has stopped short of flatly signaling that he will do so, Bloomberg reports.
Best Carrier TMS Software: How to Choose the Right System for Your Fleet
The best carrier TMS eliminates the clicking, the data entry, and the phone calls that eat your dispatcher's morning. The wrong one forces your billing team back into spreadsheets because the system can’t handle the way you actually rate freight.
Ford Outlook Improves as Tariff Bill Weighs on 2025 Results
An unexpected change in tariff provisions cost Ford about $900 million in savings it expected last year, Chief Financial Officer Sherry House told reporters on Feb. 10.
House Panel Advances Bill on Electric Car Door Safety
The Securing Accessible Functional Emergency Exit Act, or SAFE Exit Act, was forwarded to the full committee during a markup session on Feb. 10 by the House Committee on Energy and Commerce.