General News
CK Hutchison Seeks Damages Via Arbitration on Panama Ports
The Hong Kong-based conglomerate said in a separate stock exchange filing that it will “vigorously pursue” the case under the rules of the International Chamber of Commerce.
International to Lay Off 300 Staff Due to Weak Truck Demand
Demand for trucks did not improve as 2025 progressed and what carrier executives have characterized as the longest North American freight market downturn in a half century continued.
Uber Names New CFO for Robotaxi Future
New CFO Balaji Krishnamurthy has been with Uber for more than six years and is currently vice president of strategic finance and investor relations. Uber has agreed to purchase fleets of robotaxis.
Shipping Firms Face Tough 2026 as Reopening of Red Sea Looms
Supply continues to expand at a record pace, with a projected 36% surge in new vessel capacity from 2023 to 2027. On the flip side, demand for container shipping is expected to contract 1.1% in 2026.
Landstar Reports 3% Revenue Slip Amid Weak Market in Q4
Landstar System Inc.’s revenue and earnings declined as market challenges continued in the fourth quarter of 2025, the company reported Jan. 28.
The Secret to Turning Tire Failures into Fleet Wins
Discover the secret behind the methods fleets are using towards a smarter way to respond to roadside tire issues—saving time, reducing costs, improving quality, and staying fully up to date.
Truck Parking to Officially Receive $200M as Shutdown Ends
Access to parking for the nation’s commercial drivers will increase because of recent legislation Congress and President Donald Trump approved Feb. 3.
Trump Approves Funding Plan to Reopen Federal Agencies
The partial U.S. government shutdown ended late in the afternoon of Feb. 3 after President Donald Trump signed into law a funding deal he negotiated with Senate Democrats.
Heartland Express Q4 Loss Widens on Fleet Merger Charge
As a result of the impairment charge and lower revenue from the ongoing freight rate recession, Heartland’s operating ratio spiked to 112.7. OR without the impairment charge was 101.6.
EU Moves to Partner With US on Critical Minerals
The European Union will pitch the U.S. on a critical minerals partnership to curb China’s influence, looking to shape the Trump administration’s push to strike global agreements this week.
Continental Nears Key Stage in ContiTech Carveout
Bankers are working on debt packages of around 2.5 billion euros to back a potential acquisition of Continental's industrial ContiTech unit, as a highly anticipated sales process kicks off.
Uber Faces Rising Pressure From Expanding AV Rivals
Uber's quarterly results will likely take a back seat to the mounting threat posed by the growing self-driving fleets from prominent rivals like Alphabet's Waymo and Elon Musk's Tesla.
EPA Gives Engine Makers 30 Days to Provide DEF System Data
EPA Administrator Lee Zeldin is asking major diesel engine OEMs to provide critical data about diesel exhaust fluid system failures to remedy equipment problems for truckers and farmers.
Hyundai Picks Hendrickson as Xcient Dealer in N.Y., N.J.
Hyundai Translead tapped Hendrickson Fleet Solutions as its commercial vehicle dealer for New York and New Jersey, expanding regional access to the Hyundai Xcient Fuel Cell Class 8 truck.
Commerce Committee Advances Trump Transportation Nominees
The Republican-led Senate will be next to consider the nominees who, if confirmed, would join Secretary Sean Duffy’s leadership team at the Department of Transportation.
SBA Says Green Card Holders Will Be Ineligible for Loans
In December, SBA issued a policy note that said up to 5% of a business could be noncitizen owned. But the current policy rescinds that, as well as making lawful permanent residents ineligible, too.
Walmart Joins $1 Trillion Club as Frugal Shoppers Fuel Gains
Recent investments in artificial intelligence have helped supercharge the stock’s advance. Walmart has been pushing to incorporate AI across its operations.
Toyota Industries Posts Profit Growth as Tariff Impact Hits
This could be Toyota Industries' last fiscal year as a publicly listed company as it is the subject of a take-private proposal from the Toyota group.
China to Ban Hidden Door Handles on Cars Starting in 2027
Vehicles including Tesla’s Model Y and Model 3, BMW’s iX3, and other models by many Chinese brands feature retractable car door handles that could be subject to the new rules.
Oil Tanker Rates Spike on Iran Tensions, Tight Supply
Last week’s speculations about escalating tensions between Iran and the U.S. prompted a rush from charterers to secure vessels ahead of any potential supply disruption, shipbrokers said.