General News
FedEx Revenue, Net Income Increase for Q1 2026
“Our earnings growth underscores the success of our strategic initiatives, as we are flexing our network and reducing our cost-to-serve," CEO Raj Subramaniam said in a statement.
US Lurches Toward Shutdown as Senate Dems Block GOP Stopgap
Congress moved closer to an Oct. 1 government shutdown as Senate Democrats and Republicans on Sept. 19 each blocked the other party’s rival plans to provide temporary funding.
Canada, Mexico Lay Out Action Plan Before USMCA Review
The Canadian and Mexican leaders committed to coordination ahead of a high-stakes review in 2026 of their trade pact with the U.S. as President Trump’s tariff threats put the accord at risk.
Porsche, VW Lower 2025 Forecasts Because of Pullback From EVs
Porsche and parent Volkswagen cut their outlook for the year, citing the sports-car maker taking a $2.2 billion hit to operating profit linked to pushing back the introduction of new EVs.
Xi Asks Trump to Avoid Taking Restrictive Trade Measures
Xi also told Trump that the Chinese government respects the wishes of businesses as they look to finalize an agreement on the sale of the U.S. operations of TikTok.
Shippers Warn IMO Net-Zero Plan Could Cost $300B by 2035
The IMO has set a goal of net zero for shipping by midcentury and next month aims to formally adopt a plan that would see ships pay levies for at least some of their emissions.
Senate Confirms Sean McMaster to Lead FHWA
The Senate also confirmed Jonathan Morrison to lead the National Highway Traffic Safety Administration and Paul Roberti at the Pipeline and Hazardous Materials Safety Administration.
Daimler Truck, General Dynamics Expand Military Partnership
Daimler’s Mercedes-Benz Special Trucks unit will offer complete logistics vehicles and long-term service in Europe, North America and other markets, Daimler said in a statement.
Natural Gas Options Return to NACFE Messy Middle Spotlight
The second day of NACFE's “Messy Middle” demonstration — Sept. 9 — was World EV Day. But the event features almost as many natural-gas powered tractors as battery-electric models.
FedEx Restores Profit Forecast Despite Tariff Turmoil
The Memphis-based courier had previously withheld a full-year forecast citing an inability to predict how demand would be shaped by President Trump’s erratic tariff policies.
American Axle, ZF, Forvia Sell Billions in Junk Debt
These companies are selling debt as President Donald Trump ramps up import levies, weighing on overseas car and auto-part manufacturers, which may pass added costs onto customers.
Jobless Claims Fall by Most in Nearly 4 Years
The decline unwinds a large jump in the prior week, when initial claims rose to the highest level in nearly four years. That period included Labor Day, when the data can be more volatile.
August Class 8 Truck Sales Fall 13% From Prior Year
The latest figures show a 5.1% sequential decrease from 18,838 units reported in July, and year-to-date sales are down 7% to 144,756 units from 155,576.
Congress Divided on Funding Approach to Keep Government Open
With a Sept. 30 federal funding deadline fast approaching, lawmakers in the House and the Senate appear to be at an impasse over ways to avert a partial government shutdown.
Outpost Doubles Its Funding to Expand Parking, Terminals
Outpost’s parking and terminal network currently comprises 25 facilities that offer parking, office space, crossdocking, maintenance facilities and warehouse space.
Waymo, Via Offer Autonomous Public Transit Rides in Arizona
Public partnerships is an important new area of expansion for self-driving companies as they work to add the services in new cities.
Uber Gets Back Into Drone Delivery With Flytrex Investment
Tests with Flytrex’s autonomous drone delivery system will begin in Uber Eats pilot markets by the end of the year.
Overhaul Helps Recover $1.4 Million in Stolen Electronics
Cargo protection company Overhaul facilitated the recovery of $1.4 million in stolen electronics in an incident that points to the growth of more sophisticated criminal networks.
Canada, Mexico Leaders Meet Without Trump for Trade Review
The trip is expected to produce a declaration on boosting cooperation in energy, security, transportation and trade, and likely will include pledges to increase trade of autos and parts.
Amazon Spends $1 Billion to Increase Pay for US Workers
Amazon also said it will lower the cost of its entry health care plan to $5 per week and $5 for co-pays, starting next year.