Content Sponsored by Nova LinesBeing a lease-purchase (LP) driver means more than driving freight from Point A to Point B. It means you’re running a business, and like any business owner, your decisions directly impact your profitability.At Nova Lines, we work with hundreds of LP drivers and know what separates success from the struggle. This ...more
Investment Firm Stonepeak Buys Majority Stake in Dupré
Dupré provides energy distribution services, on-site and private fleet services and strategic capacity brokerage services across the U.S. (duprelogistics.com) New York-based investment firm Stonepeak on April 16 acquired a majority controlling stake in Dupré Logistics for an undisclosed sum. Dupré provides energy distribution services, on-site and private fleet services and strategic capacity brokerage services across ...more
US, Japan to Conduct Second Round of Trade Talks
Trucks parked at a shipping terminal in Yokohama, Japan. Photographer: Toru Hanai/Bloomberg President Donald Trump said negotiators made “big progress” in trade talks with Japanese representatives seeking exemptions from the levies slapped on U.S. trading partners. “A Great Honor to have just met with the Japanese Delegation on Trade. Big Progress!” Trump posted April 16 ...more
Marten Transport Q1 Profit Slumps 55.2% to $4.3 Million
Marten’s Q1 revenue totaled $223.2 million, down 10.6% from $249.7 million in the first three months of 2024. (drive4marten.com) Marten Transport profit in the first quarter of 2025 more than halved on a year-on-year basis for the sixth straight quarter. Mondovi, Wis.-based Marten’s results took a hammering from both the freight recession and uncertainty precipitated ...more
Ford to Raise Car Prices This Summer Unless Tariffs Ease
The electric Mustang Mach-E is made in Mexico. (Ford Motor Co.) Ford Motor Co. is preparing to raise prices on cars rolling off assembly lines starting next month if President Donald Trump doesn’t deliver on the tariff relief he has hinted at for automakers. Without a major change in Trump’s tariff policies, “we anticipate the ...more
Retail Sales Increase 1.4% in March Ahead of Tariffs
Customers shop for televisions at a retail store in Glenview, Ill., on April 3. (Nam Y. Huh/Associated Press) NEW YORK — U.S. shoppers stepped up their shopping last month, fueled by a spending spree on big-ticket items, particularly cars, before President Donald Trump’s expansive new tariffs started kicking in. But analysts were quick to point ...more
Trump Says He’s in ‘No Rush’ to End Tariffs
President Donald Trump greets Italy's Prime Minister Giorgia Meloni at the White House on April 17. (Alex Brandon/AP) WASHINGTON — President Donald Trump said April 17 that he is in “no rush” to reach any trade deals because of the revenue his tariffs are generating, but suggested while meeting with Italian Premier Giorgia Meloni that ...more
Several truckers who bypassed an Oregon weigh station were ticketed and educated during an enforcement detail in Union County this week. According to the Union County Sheriff’s Office (UCSO), deputies partnered with the Oregon Department of Transportation (ODOT) and the Oregon State Patrol this week to ticket truckers for bypassing Perry’s weigh station near La ...more
A truck driver is dead after a falling tree struck his tractor trailer on Interstate 64 in Virginia on Wednesday afternoon. The accident happened on April 16th at around 3:30 p.m. on eastbound I-64 at the 172.5 mile marker. According to 12 On Your Side, the tractor trailer was traveling in the right lane when a ...more
The American Pyrotechnics Association (APA) has asked federal authorities to grant relief from certain regulations for fireworks haulers. In a notice to be published in the Federal Register on April 18, the Federal Motor Carrier Safety Administration (FMCSA) asked for pubic comment on a request from the APA for relief for pyrotechnics haulers from certain ...more