General News
NYC Expands Weigh-in-Motion Program for Trucks
The New York City Department of Transportation will expand a program to fine overweight trucks on major infrastructure.
Bain to Buy Nissin Shares to Go Private in $756 Million Deal
Japanese logistics company Nissin said Bain Capital will buy its shares from shareholders for it to go private through a management buyout, in a deal worth about $756 million.
US, China Pause Tariffs for 90 Days
U.S. and Chinese officials said May 12 they had reached a deal to roll back most of their recent tariffs and call a 90-day truce in their trade war to allow for more talks.
Hub Group Reports Steady Q1 Earnings Amid Revenue Slip
Hub Group kept its earnings almost perfectly steady year over year despite revenue declining during the first quarter of 2025, the company reported May 8.
Trump to Ease Regulations With Three Executive Orders
President Donald Trump is expected to sign a trio of new executive actions designed to reduce the impact of regulations — part of an effort the White House has said will spur economic growth.
Performance of Military Moving Contract Called Into Question
Concerns are mounting that the $17.9 billion military Global Household Goods contract is falling short, notably by transferring large numbers of moves back to the legacy moving program.
Calif. Drayage Fleets Face Battery-Electric Truck Dilemma
Carriers in California won’t be doing a U-turn on the highway to battery-electric truck adoption despite regulatory change, but executives say the thoroughfare needs some maintenance.
Tariffs Start to Bite US Farmers and Ag Suppliers
Lack of clarity on how the Trump administration will address much-needed incentives for crop-based fuels in the next few years has added to concerns.
Stellantis Nears CEO Pick With Antonio Filosa Leading
A spokesperson for Stellantis said no decision has been made and the timing for nominating the new CEO is unchanged. Filosa didn’t respond to a request for comment.
Trump Budget Includes Freight Interests, Cuts Green Programs
DOT would realize a series of updates to freight infrastructure and supply chain initiatives under a fiscal 2026 budget request lawmakers say is short on specifics.
Post Office Names David Steiner Postmaster General
The U.S. Postal Service has selected FedEx board member David Steiner to be the country’s next postmaster general, the agency announced May 9.
Colorado Leads 16 States Suing FHWA to Recoup $1B in EV Grants
The group claims that FHWA ran afoul of its authority by blocking the funds, which were approved by Congress as part of the Infrastructure Investment and Jobs Act of 2021.
Bot Auto Stresses Safety at Houston Presentation
Bot Auto, which plans to bring autonomous trucks to Texas highways, presented the company’s technology and trucks to local transportation and law enforcement agencies on May 8.
Trucking Industry Awaits Trump Regulatory Shift
EPA is reconsidering the GHG3 rule and California emission waivers, signaling a shift toward less stringent regulations that may reshape the trucking industry's future.
Emission Rules in Flux; Truck Makers Stay the Course
Alterations to federal emission regulations for Class 8 trucks are likely in the coming months, but the timeline for those changes are unclear, according to industry observers.
Uncertainty Dominates Pre-Buy Discussions Ahead of 2027
The trucking industry’s anticipated pre-buy ahead of 2027 is taking a different shape as economic uncertainty, shifting regulations and tariffs cloud the market.
China’s Exports to US Sink 21% as Tariffs Hit Global Trade
China’s exports to the U.S. tumbled in April while its trade with other economies surged, suggesting that tariffs are hastening a shakeup in global supply chains.
Volvo Sells $563 Million Bond on Tariff Concerns
Volvo Treasury is selling a five-year, $563 million bond on May 9, as automaker-related notes hit the market amid the looming risk of tariffs.
Trump Floats Cutting China Tariffs to 80% to Cool Trade War
President Donald Trump on May 9 floated cutting tariffs on China from 145% to 80% ahead of a weekend meeting among top U.S. and Chinese trade officials as he looks to de-escalate the trade war.
GXO Logistics Reports Q1 Revenue Increase to Nearly $3 Billion
GXO Logistics experienced an increase in revenue but a loss in earnings during the first quarter of 2025, the company reported May 8.