General News
Retailers Brace for Tariff-Driven Price Hikes Ahead
Retailers are expressing optimism about the resilience of U.S. consumers, a sentiment that could soon be put to the test as tariff-fueled price hikes increasingly show up on shelves.
‘Thermonuclear’ Verdicts on the Rise, Report Finds
A study from Marathon Strategies found that the trucking and automotive industries faced a combined 15 multimillion-dollar verdicts last year totaling jury awards of more than $1.4 billion.
US Trailer Orders Rise for Third Straight Month
Preliminary net data showed orders increased 18% to 8,700 units compared with the same time last year. But they also dropped 43% sequentially from June.
July Class 8 Truck Sales Return to Year-Over-Year Losses
U.S. Class 8 retail sales declined again in July after experiencing a short-lived year-over-year rise, according to Wards Intelligence data.
Averitt Express Orders 264 Volvo VNL 860 Trucks
The new units expand a long-running supplier relationship at a scale that signals how big fleets are renewing equipment to strengthen operations and keep experienced drivers in the seats.
ConocoPhillips Bets Big on LNG in US
The oil giant will nearly double the amount of fuel it will buy from an export plant Sempra is expanding in Texas.
Truck Freight Tonnage Inches Up 0.6% in July
Freight tonnage in July showed an increase sequentially but a decrease from the prior year, American Trucking Associations reported Aug. 19.
US Manufacturing Expands at Fastest Pace Since 2022
Stronger demand is also fueling sustained inflationary pressures.
NHTSA Investigates Tesla Over Delayed Crash Reporting
Delays of "several months or more" were noted in reporting crashes involving driver-assistance technology.
Walmart Reports Solid Sales and Profit
Shoppers seek low prices for groceries and other essentials to offset worries that new U.S. tariffs may make a variety of goods more expensive.
EU, US Lay Out Next Tariff Steps With Focus on Cars, Steel
The joint statement advances the preliminary deal announced a month ago, by including specific benchmarks for the EU to secure tariff discounts on cars, pharmaceuticals and semiconductors.
FMCSA's Elison Touts NTDC Drivers' Dedication to Safety
“This event is to celebrate all of you," FMCSA Chief Counsel Jesse Elison told competitors at the 88th annual National Truck Driving Championships.
Truckstop Strengthens Freight Platform With Denim Deal
Denim offers factoring, payment processing, accounts payable and receivable management, working capital solution and back-office automation.
US Crude Oil Exports Surge After Summer Lull
Shipments are expected to surpass 4 million barrels a day in August and September, reaching levels not seen since the start of the year, according to some market participants.
Inflation Fears Still Dominate Fed Debate Over Tariff Impact
Officials acknowledged worries over higher inflation and weaker employment, but “a majority of participants judged the upside risk to inflation as the greater of these two risks."
JFK Airport Expands Truck Parking to 150 Spaces
Officials said the expansion will help manage growth in cargo operations at JFK, where volume reached 1.67 million tons in 2024 — a 25% increase since 2019.
Trump Tariffs Spur Manufacturing Boom in Puerto Rico
President Donald Trump’s “America First” tariff policies are boosting manufacturing in Puerto Rico, an island he has both attacked and claimed to help more than any other U.S. leader.
Target COO Michael Fiddelke to Become CEO Feb. 1
Michael Fiddelke succeeds Brian Cornell, who helped re-energize the company when he took the helm in 2014 but has struggled to turn around weak sales in a more competitive retail landscape.
Medium-Duty Truck Sales Drop 17% in July
U.S. medium-duty truck sales fell 17.3% year over year in July, according to data from Wards Intelligence, continuing a trend of not meeting previous-year levels.
DOT Investigating Fatal Crash Involving Undocumented Driver
An undocumented truck driver who obtained CDLs from two states caused a fatal Florida crash that killed three people, prompting a federal investigation.