General News
Carrier Logistics Acquired by Private Equity Firm STG
Carrier Logistics has been acquired by midmarket private equity firm STG Partners in a move aimed at accelerating the development of agentic artificial intelligence.
FMCSA Recertifies North Dakota for Non-Domiciled CDLs, CLPs
North Dakota has resumed issuing non-domiciled CDLs after the Federal Motor Carrier Safety Administration lifted a halt imposed on 24 noncompliant states.
Cargo Theft Bill Takes Important Step Forward
Supporters of the Combating Organized Retail Crime Act say the legislation is poised to clear Congress, with backing from much of the House, Senate and Trump.
Aviation Safety Bill Set for House Vote
Key senators and the families of the 67 victims killed in a 2025 midair collision over Washington think the bill needs to be strengthened.
USDOT Balks at Moving Cargo Carriers to New Mumbai Airport
DOT wrote to India’s aviation ministry, arguing that Adani Airport Holdings’ push to relocate freighters violates the bilateral Air Transport Agreement.
Oil Prices Dip on Hopes of Renewed US-Iran Talks
The price for a barrel of Brent crude oil, the international standard, fell 2.1% to $97.31. That’s still above its roughly $70 level from before the war.
IMF Expects Higher Inflation on Iran War Fallout
The IMF downgraded its forecast for global growth to 3.1% in 2026 from the 3.3% it had forecast back in January.
Wholesale Prices Surge 4% as Energy Prices Soar on Iran War
The Labor Department reported that its producer price index rose 0.5% from February and 4% from March 2025. Energy prices surged 8.5% from February.
Amazon to Buy Satellite Operator Globalstar
Amazon is building out its low-earth-orbit satellite network, Amazon Leo, in a bid to compete with Elon Musk’s SpaceX.
United CEO Has Pitched Possible Merger With Rival American
A combination would create the largest airline on the planet, so any merger would pose serious antitrust concerns.
Ford CEO Farley Says Chinese Cars in US Would Be Devastating
Ford's top executive says allowing Chinese automakers to sell their cars in the U.S. would be “devastating” to American manufacturing.
FedEx CFO John Dietrich to Depart After Freight Spinoff
FedEx Chief Financial Officer John Dietrich will step down after the courier completes a planned spinoff of its freight division into a stand-alone company.
Love’s Opens New Travel Stop in Alabama
The 14,307-square-foot location includes 123 truck parking spaces, as well as nine diesel bays, seven showers, laundry facilities, RV amenities and a dog park.
Kenworth Decline Trims Mexican March Class 8 Truck Output
Truck and bus manufacturers built 12,617 heavy-duty vehicles in Mexico in March, a 6.6% decrease compared with 13,512 vehicles in the same period a year earlier.
Oil Prices Soon to Reflect Severity of War Crisis, IEA Says
More than 80 energy facilities have been damaged during the hostilities, and a recovery could take as long as two years, Fatih Birol warns.
Buyers Shocked as Average Price of a New Car Nears $50,000
Buyers find themselves facing sticker shock at the same time they are already frustrated by the lingering effects of high inflation.
International Motors Q1 Sales Fall 21% Year Over Year
“Although the U.S. market has recently shown encouraging signs of an upturn in customer demand, this has not yet had an impact on unit sales,” Traton said.
Geely Unveils AI-Powered Tech to Take on Toyota
The i-HEV technology combines intelligent driving functions, the cockpit and the chassis into a “single centralized brain,” and uses AI to optimize energy management.
International to Offer Samsara Device Installation at Plants
International Motors truck and bus customers now can install Samsara devices at the assembly plant ahead of delivery, the telematics vendor said April 9.
US Soybean Farmers Are Squeezed Further by Tariffs, Iran War
Soybean farmers are struggling with the high cost of fuel, equipment and fertilizer — compounded by the Iran war — and also tariffs.