The remains of a mobile home parking lot off the Pacific Coast Highway following the Palisades Fire in Malibu on Jan. 10. (Michael Nigro/Bloomberg News) An iconic Southern California stretch of the Pacific Coast Highway, closed to outsiders since January’s devastating Palisades Fire, will reopen May 23 in advance of the travel-heavy Memorial Day weekend. ...more
(Eduardo Munoz Alvarez/Associated Press) Bill Ackman’s Pershing Square Capital Management built a new stake in Amazon.com Inc., calling it a “fantastic franchise” and noting that the investor acquired shares at an “extremely attractive” price. Pershing Square bought the stock after it tumbled more than 30% earlier this year, the result of concerns over the generative ...more
The president threatened a 525% tariff on Apple products unless iPhones are made in America. (Juliana Yamada/AP/File) WASHINGTON — President Donald Trump on May 23 threatened a 50% tax on all imports from the European Union as well a 25% tariff on Apple products unless iPhones are made in America. The threats, delivered over social ...more
A fifth-generation Freightliner Cascadia. DTNA is forecast to sell 155,000 to 175,000 trucks in 2025 across all classes. (Daimler Truck North America) Multiple adverse factors contributed to a much rougher three months for truck manufacturers in the first quarter of 2025 than was expected at the turn of the calendar year, according to earnings reports, ...more
JBS has touted the plan as key to accessing a broader pool of investors and building confidence in its corporate governance standards. (Michael Ciaglo/Bloomberg) JBS SA cleared the way for a long-awaited listing of its shares in New York, overcoming fierce opposition from environmental groups and concentrating more power in the hands of the billionaire ...more
A former Jack Cooper driver has dealt with his recent job loss by starting a car-hauling business of his very own. 46-year-old McKinley Archie lost his six figure job of 20 years very early in 2025 when Ford Motor Co. and General Motors both announced they were cutting their long-time ties with trucking company Jack ...more
This week, Oklahoma lawmakers passed a bill that tightens requirements for non-domiciled commercial drivers operating in the state. SB20, or the Oklahoma Secure Roads and Safe Trucking Act of 2025, was passed by the Oklahoma House of Representatives by a vote of 71-13 this week, officials say.SB 20 is headed to the desk of Governor ...more
A man has been charged for the 2011 murder of a truck driver that got him only the loose change in the driver’s pocket. The murder happened on February 17th, 2011 in East St. Louis. Charges were filed against 34-year-old Alan Davis on May 22nd, 2025. According to ABC 20, 40-year-old trucker Truman Lee Smith was ...more
The Texas Department of Public Safety (TXDPS) released results from the International Roadcheck inspection campaign carried out in the Permian Basin last week. The Commercial Vehicle Safety Alliance’s Roadcheck inspection effort took place May 13 — 15 throughout North America.On May 22, TXDPS’s West Texas Division released results from the Roadcheck campaign in Andrews, Ector, ...more
Officials announced the opening of a new commercial vehicle enforcement facility in San Luis Obispo County, California. On Thursday, May 22, the California Highway Patrol’s (CHP) Coastal Division announced that a “brand-new” commercial vehicle enforcement facility has opened along eastbound and westbound State Route 46 in San Luis Obispo County.“These dedicated lanes give CHP inspectors ...more
