Law enforcement agencies in California arrested four people following a months-long investigation into a major cargo theft operation that involved the theft of multiple semi trucks. Victor Alvarez, Brenda Alvarez, Mauricio Heriberto Gachicoa, and Otto Javier Rivas have been arrested on charges of auto theft, cargo theft, and conspiracy, according to a May 12 statement ...more
Last-Mile Carriers Push Tech Providers Toward Innovation
Package being delivered with help from CXT Software. (CXT Software) Last-mile delivery companies have always aimed for easy access to real-time visibility and advanced route optimization. And an increasingly pressing issue for both shippers and recipients is the need to better use their vehicles and make deliveries with lightning speed. But along the way, logistics ...more
Senate GOP Seeks to Revoke California Emissions Powers
“Often these regulations were part of the Biden administration’s radical climate agenda," Thune said. (Pete Kiehart/Bloomberg) WASHINGTON — Senate Republicans are developing a strategy to formally push back on certain Biden-era emissions waivers granted to the state of California. Claiming California is advancing its own electric vehicle mandate, senior senators are eyeing procedural paths to ...more
NYC Expands Weigh-in-Motion Program for Trucks
Weigh-in-motion has been extended to the Williamsburg Bridge. (J2R/Getty Images) The New York City Department of Transportation will expand a program to fine overweight trucks on major infrastructure. After the New York state budget authorized the program growth, the transportation agency will bring its automated weigh-in-motion enforcement program to several bridges and overpasses in the ...more
Bain to Buy Nissin Shares to Go Private in $756 Million Deal
Nissin's Yokohama Heavyweight Packaging Center and conventional ship cargo handling. (Nissin via YouTube) Japanese logistics company Nissin Corp. said Bain Capital will buy its shares from shareholders for it to go private through a management buyout, in a deal worth about 112 billion yen ($756 million). U.S. investment firm Bain is planning to buy 13.85 ...more
US, China Pause Tariffs for 90 Days
U.S. Trade Representative Jamieson Greer (left) and U.S. Secretary of the Treasury Scott Bessent take part in a press conference after two days of closed-door discussions on trade between the United States and China, in Geneva on May 12. (Jean-Christophe GENEVA — U.S. and Chinese officials said May 12 they had reached a deal to ...more
US Businesses Relieved Over Tariff Pause but Still Anxious
Shoppers walk by as workers install a platform near a Nike store outside a shopping mall in Beijing on May 11. (Associated Press/Andy Wong) NEW YORK — American businesses that rely on Chinese goods reacted with muted relief May 12 after the U.S. and China agreed to pause their exorbitant tariffs on each other’s products ...more
French Shipping Giant CMA CGM Hails US-China Deal
Vehicles are drive into a CMA CGM SA roll-on/roll-off cargo ship at a port in Ulsan, South Korea. (SeongJoon Cho/Bloomberg News) Rodolphe Saade, CEO of CMA CGM SA, hailed a truce in the trade war between Washington and Beijing. “For CMA CGM, it’s good news,” Saade said during a hearing in the French Senate on ...more
US Tariff Revenue Jumps in April Before China De-Escalation
Shipping containers at the Port of Long Beach in California on April 28, 2025. (Eric Thayer/Bloomberg News) The U.S. collected a record amount of revenue from tariffs in April, helping to limit a further widening of the budget deficit, though President Donald Trump’s search for trade deals with targeted nations may scale back future amounts ...more
GM Hires Aurora Co-Founder Sterling Anderson
Sterling Anderson by General Motors General Motors Co. has hired Sterling Anderson, the former director of Tesla’s Autopilot program and a co-founder of autonomous vehicle startup Aurora Innovation Inc., as the company’s chief product officer overseeing all vehicle development. GM said Anderson will oversee development for gasoline and electric vehicles, including hardware, software and services, ...more