General News
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.
Honda Taps US Startup in Self-Driving Software Deal
Honda and Helm.ai will collaborate on producing advanced driver assistance systems for Honda’s vehicles by 2027.
Trump Raises Stakes Over Copper Project With CEOs
Rio Tinto Group and BHP Group leaders met with Trump to discuss the Resolution project in Arizona.
EPA Nears Key Decision on Biofuel Waivers for Oil Refiners
EPA could rule as soon as this week on dozens of pending petitions from small oil refineries seeking exemptions from ethanol- and biodiesel-blending obligations from recent years.
Lowe’s to Buy Foundation Building Materials for $8.8 Billion
Lowe's and rival Home Depot have intensified their focus on professional builders.
Chevron to Merge Hess Exploration Team After $53B Deal
Chevron is cutting about 650 Hess jobs after completing its $53 billion takeover last month, but exploration is one area likely to be spared.
Virginia Wins 2 New Logistics Investments
Virginia has secured two new logistics investments, with a North Carolina-based e-commerce fulfillment company establishing a $10 million hub in Pittsylvania County and a wholesale distributor expanding in Norfolk.
Lutnick Says Rail Mergers Could Improve Freight Flow
U.S. rules require rail mergers to show that a deal would serve the public interest and enhance competition, a step beyond merger requirements applied to other industries.
Gabrielli Truck Sales Buys Coopersburg and Liberty Kenworth
Gabrielli Truck Sales acquired Coopersburg and Liberty Kenworth, extending its dealership network into Pennsylvania’s Lehigh Valley and South Jersey, the company announced in August.
CARB Crafts New Auto Pollution Rules After Trump Attacks
The California Air Resources Board and five other agencies recommended the state backfill the $7,500 federal tax credit for electric vehicles that is set to expire in late September.
US Copper Firms Hike Prices Even After Trump Tariff Reprieve
Southwire and Cerro Wire announced price increases of 5% across a range of copper wire products.
Ford Seeks to Sell Excess Battery Supply in Weak EV Market
The plant, which officially began production Aug. 19, was originally intended to support Ford’s own EV business.