General News
Trump Announces 25% Tariff on Countries Trading With Iran
President Trump posted on social media that the new duty would be “effective immediately,” without providing further detail. The administration has yet to outline the scope.
STG Logistics Files for Bankruptcy, Continues Operations
STG and 64 affiliates filed for court protection with the U.S. Bankruptcy Court for the District of New Jersey. The company expects to exit court protection in around five months’ time.
Used Truck Sales End Five-Month Run of Year-Over-Year Gains
Used Class 8 truck sales ended a run of five months of year-over-year gains in November. ACT Research reported volume slipped 1.5% to 20,400 units from 20,700 in the 2024 period.
Hertz Loses Supreme Court Bid Over Bankruptcy Payments
The company posted better-than-expected results in its most recent quarter, swinging to an adjusted profit of 12 cents a share from a 68-cent loss a year earlier.
Trump Administration Nears Tariff Deal With Taiwan
A signed deal would bring to an end talks between President Donald Trump’s team and the Taiwanese government that have dragged on for months. Much remains uncertain about the benefits.
Tennessee Tells 8,000 CDL Holders to Verify Status
Tennessee is asking 8,000 commercial driver license holders to provide proof of citizenship after an audit by the state’s Department of Safety and Homeland Security.
Canadian Trips to US Fall 28% in 2025
Canadian residents made 22.9 million visits to the U.S. by car or plane in 2025, compared with 31.9 million the previous year, according to preliminary Statistics Canada data.
Jeep, Chrysler Halt Plug-In Hybrid Models for 2026
Instead of plug-in hybrids, Stellantis is turning its focus to mild hybrids that don't require a plug. Its first such offering in North America is the Jeep Cherokee, which is reaching dealers now.
Newsom Seeks $200 Million to Replace Federal EV Tax Credits
The proposal would require approval from state lawmakers, who are set to negotiate the broader California budget ahead of a July deadline. California is the biggest EV market in the country.
Koch Cos. Acquires Store Opening Solutions
Murfreesboro, Tenn.-based Store Opening Solutions specializes in retail fixture, furniture and equipment inventory. It will become part of the Koch Logistics division.
Trump 'Inclined' to Keep Exxon out of Venezuela
“I didn’t like Exxon’s response,” Trump said to reporters on Air Force One as he departed West Palm Beach, Fla., on Jan. 11. “They’re playing too cute.”
Brad Jacobs-Led QXO Boosts Financing Deal to $3 Billion
QXO Inc. is raising another $1.8 billion from investors, boosting QXO’s total financing to $3 billion and will support the company’s acquisition strategy, according to a statement Jan. 12.
Current, Former Executives Buy USA Truck From DSV
DSV said in October it was working on selling USA Truck, which did not fit its vision for asset-light North American on-road operations. USA Truck CEO George Henry will continue in the role.
Reduce the Impact of Heavy-Duty Repairs
Apply strategies to ensure unexpected over-the-road repairs don’t negatively impact your business. Key activities to save time, reduce cost, improve repair quality, and stay up to date on repair progress.
Lyft, Uber Drivers Protest Waymo Robotaxis in San Francisco
Drivers for Lyft and Uber protested self-driving Waymo taxis in San Francisco on Jan. 9, urging state regulators to exercise greater oversight of autonomous vehicles.
Trump Promises Oil Execs 'Total Safety' in Venezuela
President Donald Trump called on oil executives to rush back into Venezuela as the White House looks to quickly secure $100 billion in investments to revive the country's petroleum reserves.
EquipmentShare, Motive to Weigh Marketing IPOs Next Week
EquipmentShare.com Inc. and Motive Technologies are set to begin formal marketing for their initial public offerings as soon as next week, according to people familiar with the matter.
FTR Expects ‘Marginless Recovery’ for Trucking in 2026
The freight market outlook is underwhelming, with marginal rate increases unlikely to cover the ongoing rise in carriers’ costs, according to FTR Transportation Intelligence analysts.
First Brands Sues Founder’s Brother for Fraud
Bankrupt auto parts maker First Brands Group has sued Edward James — its former executive and the brother of company founder Patrick James — and its largest creditor Onset Financial.
Dart Transit Group Sold After 90 Years of Family Ownership
The acquisition does not change day-to-day operations. The Dart name and operating entities remain unchanged, and drivers, customers, leadership and staff will remain in place.