Janelle Lowe prepares to charge her electric vehicle at a charging station Thursday, May 22, 2025, in Long Beach, Calif. (AP Photo/Damian Dovarganes) The Trump administration’s plan to scrap federal incentives for electric vehicles will be a major speed bump for battery-powered transportation in the U.S., but not a brick wall, according to forecasts. On ...more
Carriers spent considerable amounts of hard-earned cash on the Tre tractors, even as Nikola executives hunted for a financial backer for many months. (Andreas Gebert/Bloomberg) If the manufacturer of the trucks you bought implodes, what do you do? After Nikola Motors filed for Chapter 11 bankruptcy protection on Feb. 19, customers expressed hope a buyer ...more
Carriers spent considerable amounts of hard-earned cash on the Tre tractors, even as Nikola executives hunted for a financial backer for many months. (Andreas Gebert/Bloomberg) If the manufacturer of the trucks you bought implodes, what do you do? After Nikola Motors filed for Chapter 11 bankruptcy protection on Feb. 19, customers expressed hope a buyer ...more
An OPEC-branded oil drum at the COP29 climate conference in Baku, Azerbaijan, in November 2024. (Andrey Rudakov/Bloomberg) OPEC+ has begun discussing another 411,000 barrel-a-day production increase for August ahead of the group’s videoconference this weekend, according to delegates who asked not to be identified. Saudi Arabia and its partners have previously approved hikes of the ...more
Kunar joined DHL Supply Chain in 1996 as a financial analyst. (DHL Group) DHL Supply Chain North America promoted Mark Kunar to CEO, parent company DHL Group said. Kunar, previously DHL Supply Chain North America’s chief financial officer and chief strategy officer, replaced Patrick Kelleher. Kunar will report to Oscar de Bok, CEO of DHL ...more
Nike shoes on display at a store in London. Nike had already been planning on price increases before the Vietnam tariff deal. (Chris Ratcliffe/Bloomberg) Nike Inc. will face pressure to raise prices higher than expected after the U.S. and Vietnam reportedly reached a new trade agreement that boosts tariffs, according to an analyst. “Nike already ...more
NMFTA said the convergence of three factors creates a strong cargo theft defense: cybersecurity, operational security and physical security. (Kindamorphic/Getty Images) The National Motor Freight Traffic Association has released a framework aimed at helping carriers and brokers fight back against the growing and increasingly sophisticated problem of digitally enabled cargo theft. Launched June 26, the ...more
Officials New York State arrested several people in connection with a scheme to provide driver’s permits and licenses to applicants who had not passed exams. On July 2, the New York State Office of Inspector General announced charges against the following New York Department of Motor Vehicles workers as part of a sweeping investigation called ...more
The same trucking school semi truck was stolen twice from a Dallas parking lot within one month, the school owner says. Big Klass CDL School in southern Dallas, Texas seeks to help people better their lives through earning a CDL. The school serves veterans, formerly incarcerated individuals, and even people facing homelessness. But in recent ...more
A truck driver is facing serious charges related to human smuggling after a dozen people were discovered hidden inside his flatbed trailer during a traffic stop in New Mexico. At 12:25 a.m. on June 25, 2025, U.S. Border Patrol agents were conducting a late night surveillance operation on I-10 near Deming, New Mexico, when they ...more
