Post Office Names David Steiner Postmaster General

By |2025-05-12T08:20:34-05:00May 9th, 2025 at 12:08 PM|Trucking News|

(Nati Harnik/AP/File) The U.S. Postal Service has selected FedEx Corp. board member David Steiner to be the country’s next postmaster general, the agency announced May 9. Steiner, 65, was selected by the USPS board of governors to succeed former Postmaster General Louis DeJoy, who resigned in March. Current Acting Postmaster General Doug Tulino will now ...more

Colorado Leads 16 States Suing FHWA to Recoup $1B in EV Grants

By |2025-05-12T08:20:38-05:00May 9th, 2025 at 11:42 AM|Trucking News|

The lawsuit claims FHWA is withholding billions of dollars in states’ NEVI funds for fiscal years 2022 through 2025. (Voltera) A consortium of 16 states is suing the Federal Highway Administration over the Trump administration’s termination of $1 billion in previously approved federal grants allocated for construction of electric vehicle charging infrastructure. The group — ...more

Bot Auto Stresses Safety at Houston Presentation

By |2025-05-12T04:20:01-05:00May 9th, 2025 at 11:30 AM|Trucking News|

(Bot Auto) HOUSTON — Bot Auto, which plans to bring autonomous trucks to Texas highways, presented the company’s technology and trucks to local transportation and law enforcement agencies on May 8 at the Houston TranStar building. Bot Auto has completed fully autonomous testing between Houston and San Antonio since last fall. The company plans to ...more

Trucking Industry Awaits Trump Regulatory Shift

By |2025-05-09T11:00:00-05:00May 9th, 2025 at 11:00 AM|Trucking News|

“It’s a very different political environment for trucking,” Lydia Vieth said. (Bilanol/Getty Images) The Environmental Protection Agency is reconsidering regulations including its Greenhouse Gas Phase 3 rule and has asked Congress to review waivers it has granted to California allowing that state to set its own emission standards. Now, the trucking industry is waiting to ...more

Volvo Sells $563 Million Bond on Tariff Concerns

By |2025-05-09T09:59:00-05:00May 9th, 2025 at 9:59 AM|Trucking News|

(Casper Hedberg/Bloomberg) Volvo Treasury AB is selling a five-year, $563 million bond on May 9, as automaker-related notes hit the market amid the looming risk of tariffs. The subsidiary of commercial vehicle manufacturer Volvo AB is offering a spread of around 120 basis points above mid-swaps at initial price thoughts, according to a person familiar ...more

Trump Floats Cutting China Tariffs to 80% to Cool Trade War

By |2025-05-09T12:20:26-05:00May 9th, 2025 at 9:04 AM|Trucking News|

Top U.S. officials are set to meet with a high-level Chinese delegation in Switzerland. (cbarnesphotography/Getty Images) WASHINGTON — President Donald Trump on May 9 floated cutting tariffs on China from 145% to 80% ahead of a weekend meeting among top U.S. and Chinese trade officials as he looks to de-escalate the trade war. Top U.S. ...more

Hub Group Reports Steady Q1 Earnings Amid Revenue Slip

By |2025-05-12T12:19:59-05:00May 9th, 2025 at 4:39 AM|Trucking News|

Hub Group's Intermodal and Transportation Solutions segment revenue decreased 4% to $530 million from $552 million in Q1 2024. (Hub Group) Hub Group kept its earnings almost perfectly steady year over year despite revenue declining during the first quarter of 2025, the company reported May 8. The Oak Brook, Ill.-based intermodal and logistics service provider ...more

Performance of Military Moving Contract Called Into Question

By |2025-05-12T12:20:09-05:00May 9th, 2025 at 3:31 AM|Trucking News|

(CatLane/Getty Images) There are mounting concerns that the $17.9 billion military Global Household Goods contract is falling short of its goals, notably by transferring large numbers of military moves away from the “single-point-of-contact” contractor central to the program and back to the military’s legacy moving program that the new system was intended to replace. Three ...more

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