General News
Canada’s Carney Says US Auto Sector Needs USMCA to Compete
Trump’s tariffs have cast a chill over the Canadian automotive sector, but have also affected U.S.-based companies.
ATA Presses Congress on Safety, Efficiency Priorities
ATA President Chris Spear in an Oct. 8 letter detailed several matters for Congress such as boosting entry-level driver training as well as English-language proficiency requirements.
NHTSA Opens Tesla Probe After Crashes Involving FSD
Tesla is also under investigation by NHTSA for a “summon” technology that lets drivers tell cars to drive to their location to pick them up, a feature that has reportedly led to fender benders.
Cargo Theft Costs Trucking, Logistics Firms $18M Daily
ATRI researchers conducted numerous interviews with industry participants who lost goods due to cargo theft. They also had input from experts who work to monitor and prevent this crime.
First Brands Creditor Seeks Investigation of ‘Vanished’ Cash
First Brands' bankruptcy filing set off a round of damage limitation by Wall Street firms now attempting to size up their exposure to the company.
Volvo VNL, VNR to Receive Side-Curtain Air Bags as Standard
VTNA launched redesigns of the flagship Class 8 on-highway VNL tractor and VNR regional-haul semi in January 2024 and March, respectively.
Ocean Shippers Find Work-Arounds to Avoid New US Port Fees
The U.S. is set to start charging large Chinese vessels millions of dollars when they call at American ports from Oct. 14.
Bridgestone CEO Expects Slowdown in Second Half of 2025
Bridgestone expects a tougher second half as its U.S. business faces a sharp drop in truck tire demand, tariffs take a toll and it deals with the fallout from a cyberattack that disrupted production.
DTNA Third-Quarter Sales Slump 39% to 30,225 Trucks, Buses
As is typical with Daimler Truck’s pre-earnings sales announcements, no color was provided on the statistics. Daimler Truck will report its full third-quarter earnings on Nov. 7.
Tariff Revenue Hits $195 Billion for Fiscal 2025, CBO Says
The federal government logged a $1.8 trillion budget deficit for the 2025 fiscal year, little changed from 2024 despite a surge in tariff revenue, according to the Congressional Budget Office.
Carney Pitches Trump on Energy Alliance, Keystone XL Project
Canadian Prime Minister Mark Carney pitched deeper cooperation with the U.S. on energy, including a possible revival of the Keystone XL pipeline, in his meeting with President Donald Trump.
3PL Customers Confident About Adapting to Tariffs
Some 14% of shippers serviced by 3PLs are extremely confident in their ability to adapt to the shifting sands of U.S. trade policy and myriad tariffs imposed by the Trump administration.
Upcoming USMCA Talks Could Boost Mexico’s Peso
While questions remain around transshipments, Jason Schenker of Prestige Economics said, “Mexico’s going to be a very big winner” when the trade pact is renegotiated.
House Bill Moves to Let Younger Truckers Cross State Lines
The DRIVE Safe Act promotes rigorous safety training for younger commercial drivers. The bill would enhance an apprenticeship program for prospective drivers once they obtain their CDLs.
Pennsylvania to Add 1,202 Truck Parking Spaces
PennDOT staff and state police closely collaborated to find state-owned sites that could be turned quickly and cost-effectively into new truck parking areas.
House Bill Moves to Let Younger Truckers Cross State Lines
The DRIVE Safe Act promotes rigorous safety training for younger commercial drivers. The bill would enhance an apprenticeship program for prospective drivers once they obtain their CDLs.
GM Ends EV Tax Credit Plan and Offers Its Own Incentive
GM will give about $6,000 of its own cash for lease support and to keep EV sales going.
Soy Harvest Begins With Farmers in ‘Fight to Survive’
China, typically the biggest buyer of U.S. soybeans, still hasn’t booked a single shipment of the crop from this year’s harvest.
‘Buckle Up,’ IMF Chief Warns Amid Economic Uncertainty
The global economy is holding up better than expected despite major shocks such as President Donald Trump’s tariffs, but Kristalina Georgieva says that resilience may not last.
Fund Tied to Bankrupt Auto Parts Supplier Reports Trade Debt
A fund controlled by a unit of Jefferies Financial Group sunk nearly a quarter of its $3 billion trade finance portfolio into receivables tied to auto parts supplier First Brands Group.