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Updated: 2 hours 51 min ago

Hyundai CEO Says US Apologized Over ICE Raid on Factory

Wed, 11/19/2025 - 08:24
The September incident, which saw federal agents detain 475 workers at a Hyundai-LG Energy facility, hasn’t dented Hyundai’s commitment to investing in the U.S.

US Trade Deficit Narrowed in August as Imports Declined

Wed, 11/19/2025 - 08:05
The goods and services trade gap narrowed almost 24% from the prior month to $59.6 billion, the Commerce Department said. The report was delayed from Oct. 7 by the federal government shutdown.

China's Shift From Diesel Trucks Changes Global Fuel Demand

Wed, 11/19/2025 - 07:24
Electric trucks now outsell LNG models in China, so its demand for fossil fuels could fall, and "in other countries, it might never take off,” according to an analyst.

Tesla Approved for Autonomous Rideshare Service in Arizona

Wed, 11/19/2025 - 06:30
Tesla was allowed to begin offering autonomous rideshare service in Arizona, clearing the way for its nascent robotaxi business to expand to a new state.

Judge Backs Yellow Chapter 11 Bankruptcy Plan

Tue, 11/18/2025 - 16:02
Hedge fund MFN and its affiliate objected to confirmation of the plan because they believe the unsecured creditors will have too much influence on where the funds are dispersed.

Analyst Says Machinery Maker Caterpillar Isn't AI Darling

Tue, 11/18/2025 - 15:09
Caterpillar was always an unlikely winner in the AI craze. It makes the bulk of its money selling the equipment like yellow earth movers that has made it a stalwart of American industry.

CBP Sting in New York Hands 30 CDL Holders to ICE

Tue, 11/18/2025 - 13:59
The Nov. 8-11 dragnet, called Operation Bear Cave, focused on intercepting immigrants holding state-issued CDLs but who lacked permanent legal status driving commercial vehicles.

NTSB Finds 2 Blackouts Disabled Ship That Hit Key Bridge

Tue, 11/18/2025 - 12:35
Investigator Todd Gianelloni said the NTSB believes that if the crew had used infrared thermal imaging to inspect the connections, the loose critical wire might have been discovered ahead of time. 

Kroger Closes 3 Automated Fulfillment Centers

Tue, 11/18/2025 - 11:48
Kroger said it will close facilities in Pleasant Prairie, Wis.; Frederick, Md.; and Groveland, Fla., in January, and will monitor the performance of its five remaining facilities.

Say Goodbye to the Ford Focus

Tue, 11/18/2025 - 11:16
The last unit, a white five-door hatchback, rolled off the line at the Saarlouis plant in Germany this month, marking the end of a car that sold more than 12 million units worldwide, Ford said.

Toyota Lays Out $912M Plan to Boost US Hybrid Production

Tue, 11/18/2025 - 10:28
Factories in West Virginia, Kentucky, Mississippi, Tennessee and Missouri will see 252 new jobs as a result of the initiative, the world’s biggest carmaker said in a statement. 

FMCSA Wants More Details From California on CDL Compliance

Tue, 11/18/2025 - 10:13
Agency's letter to the state Department of Motor Vehicles outlined a series of actions California must take to rectify what FMCSA has determined are problematic processes and systems.

Mexico Concedes Airport Slots to US for Travel, Freight

Tue, 11/18/2025 - 09:40
Sheinbaum said that talks with U.S. carriers will go on but the feeling is that cargo airlines are satisfied with the agreement over slots at two airports.

Atlantic LNG Freight Rates Surge to Highest Since Early 2024

Tue, 11/18/2025 - 09:15
The spot rate to hire an LNG vessel for delivery from the U.S. to Europe jumped 19% to $98,250 per day, the highest since January 2024. Costs to hire a tanker in the Pacific Ocean also jumped 15%.

Zoox to Give Free Robotaxi Rides in San Francisco

Tue, 11/18/2025 - 08:53
California regulators still have to approve Zoox's application to charge for rides in San Francisco — a clearance that Waymo received in August 2023 after overcoming safety concerns.

China Ramps Up Purchases of US Soybeans After Pause in Trade

Tue, 11/18/2025 - 08:38
State-owned agriculture trader Cofco Group booked nearly 20 cargoes of the American oilseed on Nov. 17 for delivery in December and January, Bloomberg reports.

Home Depot Lowers Forecast on Weak Housing Market

Tue, 11/18/2025 - 08:14
Home Depot's third quarter was mixed with fewer violent storms reaching shore, more anxiety among U.S. consumers and a housing market that is in a deep funk.

NTSB Set to Vote on Cause of Baltimore Bridge Disaster

Tue, 11/18/2025 - 07:37
The vote is scheduled a day after Maryland officials more than doubled the estimated cost to replace the bridge and added two years onto the projected completion date — to 2030. 

US-China Trade Truce May Ease Logistics Costs, DP World Says

Tue, 11/18/2025 - 07:19
“It will definitely be positive for the cost of logistics,” said Mohammed Akoojee. “Up until now, the trade war has increased the cost of logistics in terms of freight rates and duties.”

Lending Firm Raistone Seeks Rescue After First Brands Demise

Tue, 11/18/2025 - 06:30
Trade finance platform Raistone is looking to sell itself after the collapse of its biggest client, auto parts supplier First Brands Group.

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