“The question is, who’s going to pay for the tariffs?” Powell said in response to a question during his testimony. (Al Drago/Bloomberg) Federal Reserve Chair Jerome Powell on June 25 said the U.S. central bank is still struggling to determine the impact of tariffs on consumer prices. “The question is, who’s going to pay for ...more

The Home Depot’s Kathleen Eaton and Samsara CEO Sanjit Biswas at Samsara's user conference in San Diego. Eaton said dashcams have yielded measurable safety benefits for Home Depot's delivery drivers. (Seth Clevenger/Transport Topics) SAN DIEGO — Transportation and safety executives outlined how they’ve improved safety, efficiency and driver satisfaction in their fleet operations through technology ...more

Trump assailed Spain for refusing to agree to new defense spending targets adopted by NATO. (Chris Kleponis/Bloomberg) President Donald Trump assailed Spain for refusing to agree to new defense spending targets adopted by NATO and suggested the country could be penalized by facing tariffs twice as high from the U.S. “You’re the only country that ...more

The bipartisan Combating Organized Retail Crime Act would facilitate the adoption of technologies in the rail sector that could protect the freight industry. (keithbwinn/Getty Images) WASHINGTON — A House lawmaker is pressing colleagues to advance legislation that takes aim at cargo theft in the rail sector. Rep. Dina Titus (D-Nev.), ranking member on the Railroads, ...more

Under the deal, Vay’s remote driving setup — called Vay Station — will be integrated with Kodiak’s Assisted Autonomy system. (Kodiak Robotics) Self-driving truck technology developer Kodiak Robotics is forging a partnership with remote driving specialist Vay, the companies said June 25. Under the deal, Vay’s remote driving setup — called Vay Station — will ...more

(Luke Sharrett/Bloomberg News) Kroger plans to close around 60 U.S. grocery stores over the next 18 months to improve efficiency. The Cincinnati-based company announced the plan during a corporate earnings call June 20. The company hasn’t said which stores it plans to shutter, but said the closures will happen around the country. It also said ...more

Whitlock worked for American Trucking Associations for 36 years, culminating in his appointment as president in 1976. (SunJae Smith/American Trucking Associations) Bennett Clarke Whitlock Jr., who helped steer the trucking industry through deregulation in the late 1970s and early 1980s, has died. He was 97. Whitlock worked for American Trucking Associations for 36 years, culminating ...more

(Andrey Rudakov/Bloomberg News) Shell Plc denied a Wall Street Journal report that it is in active talks about acquiring its London-based oil rival BP Plc. “This is further market speculation. No talks are taking place,” a Shell spokesperson said. BP surged as much as 10% in New York earlier on June 25 on the report ...more

Andrus, a past chairman of the Idaho Trucking Association and former owner of Idaho-based Doug Andrus Distributing, died June 11 at age 75. (Doug Andrus Distributing via Facebook) Heber Lynn Andrus, a past chairman of the Idaho Trucking Association and former owner of Idaho-based Doug Andrus Distributing, died June 11 at age 75. He was ...more

A man has been charged for reselling diesel fuel to trucking companies at below-market rates in a fraudulent credit card scheme.  56-year-old Orlando Pardo Ortega was taken into custody on June 25th for a series of alleged diesel fuel thefts in Miami-Dade County, Florida. According to CBS News, Ortega was first observed conducting the scheme at ...more