General News
International Motors Posts Q3 Loss on Sales Slump, eRH Exit
International Motors posted an operating loss in Q3 2025 as truck sales plummeted 64% year over year, and the truck and bus maker canceled plans for its eRH Series battery-electric tractor.
Global Carmakers Brace for Production Cuts on Chip Shortage
Honda said it has cut or suspended production this week at some plants in North America as a countermeasure to the chip shortage, which stems from China blocking Nexperia from exporting products.
US, China to Suspend Reciprocal Port Fees for a Year
International shipping has been roiled by retaliatory port charges levied by the U.S. and China on each others’ ships in recent months, a move that pushed up freight costs.
US, China to Suspend Reciprocal Port Fees for One Year
International shipping has been roiled by retaliatory port charges levied by the U.S. and China on each others’ ships in recent months, a move that pushed up freight costs.
Trump and Xi Ease Tension With Truce on Tariffs, Rare Earths
The U.S. will also halve fentanyl-related tariffs on Chinese goods, while Beijing resumes purchases of soybeans and other American agricultural products.
CBO: Shutdown Has Already Cost Economy $18 Billion
GDP is already poised to be at least one percentage point lower in the fourth quarter due to the government shutdown, according to the CBO report released Oct. 29.
Trucking Combats Soaring Nuclear Verdicts and Insurance Costs
The trucking industry has been facing surging unfavorable verdicts and insurance costs as biases and policies drive up costs beyond economic reality, according to a panel of experts.
Fed Cuts Rates Again Amid Labor Market Weakness
In their post-meeting statement, Fed policymakers on Oct. 29 repeated their assessment that “job gains have slowed” and said “risks to employment rose in recent months.”
GM Slashes EV Workforce After Trump Ends Tax Breaks
The total includes 3,400 workers that were furloughed over the summer at its Factory Zero plant in Detroit, where the electric Chevrolet Silverado, GMC Sierra and Hummer EVs are made.
Trump, Xi Set to Formalize Trade Truce After Months of Chaos
Initial signals indicate the leaders are readying a pact that could see a rollback of some tariffs, fees and export restrictions threatened or implemented in recent months.
ATA Leaders Cite AI's Benefits While Parsing Out the Hype
“We hear so many things about the space of AI and what it can do. But what are the practical implications for us?" says newly installed ATA Chairman Greg Hodgen.
House Bill Seeks National English Test for Truck Drivers
Sponsored primarily by Rep. Pat Harrigan (R-N.C.), the SAFE Drivers Act is meant to guarantee commercial drivers have a proficient understanding of English.
Trump Sees Tariff Truce With Mexico as Positive
Trump sidestepped the question of how long he felt extending the deadline was appropriate. He said existing tariff rates were sufficient to convince car companies to move manufacturing to the U.S.
Trucker Path, Wex Partner on Fuel Discounts for App Users
Through this integration, the fuel savings available on the free 10-4 by Wex app will be available to Trucker Path users, the companies announced at an Oct. 27 press conference.
Oil Giants Join OPEC in Boosting Production as Crude Tumbles
Exxon Mobil, Chevron, Shell, BP and TotalEnergies will likely grow output 4.7% in 2026. The increases appear designed to capitalize on an expected oil price upturn in the latter half of 2026.
VisionWise Debuts Digital Vision System at MCE
The programmable digital vision system, powered by a Qualcomm chipset and an Nvidia processor, combines vision technology, AI-powered edge computing and cloud-based management.
Boston Weighs Clampdown on Robotaxis in Threat to Waymo
The autonomous cars wouldn’t be allowed to operate unless a human safety operator is inside the vehicle and able to intervene, according to the proposed ordinance.
Rivian Won’t Tap US Loan Until New Plant Built, CFO Says
CFO Claire McDonough said the EV maker anticipates starting construction on the Georgia factory next year and seeking reimbursement from a Department of Energy loan once it’s completed.
US, South Korea Finalize Trade Deal After Months of Talks
South Korea Policy Chief Kim Yong-beom said that Seoul would spend $150 billion on shipbuilding in the U.S. and provide $200 billion in cash under an investment pledge.
Uber Rolls Out in San Francisco With Lucid, Nuro Robotaxis
The move is a step toward Uber challenging Alphabet’s Waymo, whose driverless taxis have become ubiquitous in San Francisco. Road testing is underway.