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Updated: 2 hours 33 min ago

Ford CEO: EV Market Will Be 'Way Smaller Than We Thought'

Tue, 09/30/2025 - 12:38
The elimination of a $7,500 consumer tax credit and softening of emissions rules by the Trump administration will sharply curtail EV demand in the U.S., Jim Farley said.

Hertz Begins Online Car Sales in Competition With Carvana

Tue, 09/30/2025 - 12:01
Going online is the latest move by CEO Gil West to further grow retail sales, which gets the company much better pricing than selling its rental vehicles at wholesale auctions.

TCI Acquires Kansas’ Success NationaLease

Tue, 09/30/2025 - 11:28
The No. 84 ranked company on the Transport Topics Top 100 list of for-hire carriers, TCI Transportation will have a combined 1,900 employees once the transaction is complete. 

TCW Transportation Names New CEO After Scott George Retires

Tue, 09/30/2025 - 11:04
The company was founded by Scott George's grandfather, Howard George, in 1948 and has been employee-owned since 2022. Scott will remain an advisor to the board of directors.

First Brands Probes Billions of Off-Balance Sheet Financing

Tue, 09/30/2025 - 09:59
The financing fueled investor concerns before the auto parts supplier fell into bankruptcy.

OPEC+ to Discuss Fast-Tracking Return of Halted Production

Tue, 09/30/2025 - 09:28
Saudi Arabia and its partners will review the expedited return of the remainder of a 1.66 million barrel-a-day supply tranche when they meet on Oct. 5.

Maryland Hikes New Speeding Fines to $425 Starting Oct. 1

Tue, 09/30/2025 - 08:47
The automated speed citations do not add points to driver’s licenses. However, the faster a person is traveling over the speed limit, the higher the fine.

DoorDash Unveils Delivery Robot in Hardware Debut

Tue, 09/30/2025 - 08:37
DoorDash also debuted a smart scale to help restaurants weigh orders before they are handed to couriers to reduce missing-item claims.

Panama Canal Offers Shippers More Flexible Booking System

Tue, 09/30/2025 - 08:12
The increased flexibility comes as the canal is currently benefiting from higher-than-average water levels.

Trump to Keep Tariff Probes Running Through Shutdown

Tue, 09/30/2025 - 07:47
By claiming a national security rationale for the investigations, the administration can continue work on probes being conducted under Section 232 of the Trade Expansion Act.

Exxon to Cut 2,000 Workers as Oil Sector Job Losses Mount

Tue, 09/30/2025 - 07:19
Chevron, ConocoPhillips and BP are among major oil companies that announced thousands of job cuts in recent months as crude prices fell this year in response to increased supplies from OPEC.

Trump Sets 10% Lumber, Wood Tariffs in Bid to Lift US Industry

Tue, 09/30/2025 - 06:00
President Donald Trump ordered 10% tariffs on imports of softwood timber and lumber as well as 25% levies on kitchen cabinets, vanities and upholstered wood products.

Federal Shutdown Plans Stop Short of Job Reductions

Mon, 09/29/2025 - 15:31
At least eight cabinet departments comprising more than two-thirds of the federal workforce had detailed their shutdown plans by the afternoon of Sept. 29.

Government Shutdown Threatens Key Economic Data

Mon, 09/29/2025 - 13:50
Many federal operations will pause and nonessential employees will be furloughed or fired if lawmakers can’t reach an agreement by the time the current fiscal year ends on Sept. 30.

US Tightens Export Controls on Chinese Subsidiaries

Mon, 09/29/2025 - 13:24
A long-awaited rule published Sept. 29 by the Commerce Department seeks to prevent sanctioned companies from using affiliates to access restricted U.S. goods. 

Crossword Puzzle Solution for September 29, 2025

Mon, 09/29/2025 - 12:30
Here's the solution to the crossword puzzle found in the September 29, 2025 print edition.

Auto Parts Maker First Brands Files for Bankruptcy

Mon, 09/29/2025 - 10:58
The filing caps weeks of turmoil sparked by creditor concern over the auto supplier’s use of opaque off-balance sheet financing.

Perspective: How Trailer Telematics Can Benefit Leasing Firms

Mon, 09/29/2025 - 10:50
For trailer leasing companies, there's an opportunity to generate new revenue streams and make better, data-driven decisions through the use of trailer telematics.

UP-Norfolk Southern Deal Boosts Rare $1 Trillion M&A Market

Mon, 09/29/2025 - 10:12
Global deal values have topped $1 trillion in a third quarter for only the second time ever, thanks to transactions like the Sept. 29 $55 billion take-private of video game maker Electronic Arts.

Here’s What DOT’s Emergency CDL Ruling Means for Trucking

Mon, 09/29/2025 - 10:00
“The process for issuing these licenses is absolutely 100% broken," Sean Duffy said. "It has become a threat to public safety and it is a national emergency that requires action right now.”

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