General News
US Homebuilder Confidence Hits 8-Month High
Mortgage rates have been hovering in the 6.3%-6.4% range the past couple months, near their one-year lows, which has marginally helped to move some buyers off the sidelines.
Canada Inflation Holds at 2.2% as Core Pressures Ease
“It does look like some more positive signs of underlying inflation slowing,” Citigroup economist Veronica Clark said, while adding that rent costs are showing “some stickiness.”
Xi Warns Officials Against Superficial Economic Gains
Chinese leader Xi Jinping said officials should not only be assessed by the economic growth rate, but also their achievements in ensuring people’s well-being and maintaining stability.
US-Bound India Exports Surge Despite Tariff Pressure
The growth was largely supported by India’s push into markets like China, although there was also a sharp rebound in shipments to its biggest export destination, the U.S.
China Turns Away Nvidia H200 Despite US Export Approval
“Apparently [China doesn't] want them, and I think the reason for that is they want semiconductor independence,” White House AI czar David Sacks said in an interview on Bloomberg Tech.
Ryder Outlines 2026 Succession Plan for New CEO
“I’ve had the privilege of working alongside the most talented and dedicated professionals in our industry to deliver for our employees, customers and shareholders,” CEO Robert Sanchez said.
Walmart Isn't on Nasdaq 100 Index — Yet
Walmart ditched the New York Stock Exchange for archrival Nasdaq, marking the largest defection of a stock listing in the Big Board’s history.
New York May Lose $73M in Federal Funds Over Immigrant CDLs
New York routinely issues licenses to immigrants that may be valid long after they are legally authorized to be in the country, U.S. Transportation Secretary Sean Duffy said Dec. 12.
AI Rollouts Depend on People as Much as Technology
As artificial intelligence moves deeper into daily operations, transportation leaders are finding that managing the human element is just as important as finding the right technology.
Putting AI to Work in Trucking
Transportation providers are gaining access to a broad menu of emerging artificial intelligence capabilities, available both as bolt-on systems and embedded features in transportation management software.
AI Adoption Raises Stakes for Data Security
Emerging AI tools promise to deliver significant efficiency gains, but also widen the pathways through which sensitive information travels.
Trucking Businesses Call for Stop to N.Y. Thruway Surcharge
The New York State Thruway Authority is moving forward in January with a newly announced 1% surcharge on all tolls processed through commercial toll management providers.
Geotab: AI Revolution Will Help Fleets Survive in 2026
The rollout of artificial intelligence will depend on accurate, real-world data to be effective, says Geotab CEO Neil Cawse.
New Supertankers Sail Empty to Collect Oil
A shortage of oil tankers is becoming so acute that newly built vessels, which usually carry refined fuels on their maiden voyages, are instead racing empty to pick up crude as soon as possible.
Ford Steps Up Tech to Thwart F-150 Pickup Thieves
Christian Moran of Ford Secure says, “Thieves do like to go after pickup trucks. They also like to go after the contents that are often in pickup trucks."
Maersk Picks New CFO Robert Erni With Logistics Background
Maersk has a strategy to grow in land-based logistics, which has historically had higher and more stable profit margins than container shipping.
Senators Say NDAA Would Roll Back Air Safety Reforms
Senators are pushing for changes to the NDAA after crash investigators warned the legislation would undo key safety reforms stemming from a collision between an airliner and Army helicopter.
Costco’s Profit Tops Estimates as Shoppers Prize Deals
Costco Wholesale's quarterly profit in its fiscal 2026 first quarter rose more than expected, a sign that price-sensitive shoppers continue to search for value.
First Brands' Loan Value Sinks to 30¢; Rescue Seen as Critical
Marathon Asset Management and others that provided First Brands Group with $1.1 billion are seeing the super-senior debt crater at a speed that bankruptcy experts say is unprecedented.
Holiday Season Poses Elevated Threat for Fraud, Cargo Theft
Heightened risk of fraud and theft this holiday season adds to the challenges the trucking industry already is contending with, experts warned.