A day cab semi truck came to a stop balancing between highway bridges in Virginia on Wednesday morning. The accident happened on May 28th on Interstate 295 northbound near the Chesterfield-Henrico line in Virginia. According to Chesterfield County Fire and EMS, the day cab semi truck slid on wet roadways and hopped the barrier wall. The ...more
Sysco Helps Restaurants Caught in Trade War
Jeff Creswell prepares dishes featuring local ingredients for a tasting at Sysco’s test kitchen in Chicago. (Jamie Kelter Davis/Bloomberg) On a recent weekday morning in downtown Chicago, chefs inside a test kitchen prepared a five-course meal featuring tostada verde with jalapeño gouda and trout on focaccia. The chefs usually cook these spreads to help customers ...more
Uncertainty Clouds Truck Retail Sales Outlook for Rest of 2025
Model year 2023 sleeper tractors averaged $96,735 at auction in April, 20.5% higher than in March, according to Chris Visser of J.D. Power. (Palmer Truck Sales) Uncertainty continues to cloud the retail sales and orders outlook for truck makers for the rest of 2025, according to observers. When demand will pick up is the million-dollar ...more
Software Logistics Giant WiseTech Buys E2open for $2.1B
Richard White by Brent Lewin/Bloomberg Australian shipping software company WiseTech Global Ltd. made its biggest ever acquisition, agreeing to buy E2open Parent Holdings Inc. in a deal that values the U.S. firm at $2.1 billion. The acquisition is the first major move by founder Richard White since he assumed the role of executive chairman in ...more
Volvo Cars to Cut 3,000 Jobs to Reduce Cost
A logo on a new Volvo vehicle. (Eric Thayer/Bloomberg) FRANKFURT, Germany — Sweden-based Volvo Cars is eliminating 3,000 positions as part of a cost-cutting program as the automotive industry faces challenges from trade tensions and resulting economic uncertainty. The company said May 26 that around 1,200 of the job reductions would come among workers in ...more
Trump Signals He’ll Approve Nippon Bid for US Steel
(Justin Merriman/Bloomberg News) WASHINGTON — President Donald Trump said May 23 that U.S. Steel will keep its headquarters in Pittsburgh as part of what he called a “planned partnership” that seemed to signal that he’ll approve a bid by Japan-based Nippon Steel to make a big investment in the iconic American steelmaker, if not buy ...more
Trump Says He’ll Delay Threatened EU Tariff Until July
The U.S. and EU flags. (E4C/Getty Images) WASHINGTON — President Donald Trump said May 25 that the U.S. will delay implementation of a 50% tariff on goods from the European Union from June 1 until July 9 to buy time for negotiations with the bloc. That agreement came after a call with Ursula von der ...more
Arizona Adds Real-Time Truck Parking Info at 4 Stops on I-10
The TPAS project provides drivers with real-time information online about how many parking spaces are available at I-10 rest areas in western and southeastern Arizona. (LPETTET/Getty Images) The Arizona Department of Transportation has incorporated real-time truck parking availability status for Interstate 10 rest areas on its state traveler information website. “The parking information is now ...more
NYC Wins Order Against US Funding Freeze in Congestion Fight
E-ZPass readers and license plate-scanning cameras over Park Avenue in New York on April 24. (Michael Nagle/Bloomberg News) New York won a court order temporarily barring the Trump administration from withholding federal approvals or funds for the state’s transportation projects, as the president tries to end Manhattan’s congestion pricing program. The administration has threatened to ...more
Hegseth Orders Military to Address Moving ‘Deficiencies’
(HomeSafe Alliance) Defense Secretary Pete Hegseth has turned his attention to the troubled $17.9 billion military Global Household Goods moving contract, calling on the U.S. Transportation Command to make “immediate modifications” and address “deficiencies” to ensure that thousands of military members and defense civilians have successful moves during the busy summer months. “Placing our people ...more