The family of a young man killed in a chain reaction crash with a semi truck is pushing for mandatory driver-facing cameras in the wake of the tragic accident. The May 13th accident happened in north Georgia on Interstate 75 when a semi truck collided with a sedan and veered across the median and into ...more
Diesel Price Increases 6¢ to Settle at $3.536
On average, a gallon of diesel costs 25.3 cents less than at this time in 2024. (vitpho/Getty Images) The national average diesel price rose 6 cents a gallon to $3.536, its first increase since early April, according to U.S. Energy Information Administration data released May 20. Before the increase, trucking’s main fuel had dropped each ...more
ATA Truck Tonnage Index Slips 0.3% Sequentially in April
ATA's For-Hire Truck Tonnage Index was at 113 for April, an increase from 111.7 in the 2024 period. (WendellandCarolyn/Getty Images) The freight market experienced another monthly dip in tonnage due to choppy market conditions in April, though it was up from last year, American Trucking Associations reported. The ATA For-Hire Truck Tonnage Index slipped 0.3% ...more
Elon Musk Says He’ll Still Be Tesla CEO in 5 Years
Elon Musk speaks via video link at the Qatar Economic Forum in Doha, Qatar, on May 20. (Christopher Pike/Bloomberg) DUBAI, United Arab Emirates — Billionaire Elon Musk said May 20 he’s committed to being CEO of Tesla in five years’ time as the automaker faced intense consumer and stock price pressure over his work with ...more
Nippon Steel Boosts Investment for Proposed US Steel Deal
(Justin Merriman/Bloomberg News) Nippon Steel Corp. has bolstered its pledge to invest in United States Steel Corp. in the event that President Donald Trump approves the Japanese company’s proposed $14.1 billion takeover, according to people familiar with the matter. Nippon Steel is now offering to build a new steel mill, save existing steelworker jobs and ...more
FedEx Names CEO, Chairman for Spun-Off Freight Unit
“I cannot think of two individuals with more knowledge of, or commitment to, the long-term success of the FedEx Freight business,” Subramaniam said. (Dustin Franz/Bloomberg) FedEx Corp. has named the leadership team for its soon-to-be-independent less-than-truckload freight division, with longtime executive John Smith tapped as CEO and veteran board member R. Brad Martin as chairman. ...more
Home Depot Revenue Rises as Customers Tackle Small Projects
(Wilfredo Lee/AP/File) Home Depot’s revenue climbed in the first quarter as customers spent slightly more as they tackled smaller projects. A number of U.S. companies have lowered or pulled financial guidance for investors as tariffs launched by the Trump administration scramble world trade but on May 20, Home Depot stuck by earlier projections of sales ...more
Duffy Defends Trump’s $27 Billion Infrastructure Budget
(Susan Walsh/Associated Press) WASHINGTON — The country’s top transportation officer defended the White House’s fiscal 2026 funding request for his department during a recent Senate subcommittee hearing. Transportation Secretary Sean Duffy informed the appropriations panel about funding proposals the Trump administration is pursuing for freight connectivity improvements, highway safety projects and the regulatory streamlining of ...more
Charging Installations Drop as Trump Ramps Up Attacks on EVs
(Justin Sullivan/Getty Images) Installation of high-speed chargers across the U.S. fell by more than 21% in the first quarter compared to the year-earlier period, according to an analysis of Energy Department data. And with House Republicans proposing ending Inflation Reduction Act tax credits for buyers while the Trump administration rolls back auto emissions standards, it ...more
GM Stops Small Number of Car Exports to China Due to Tariffs
Chevrolet Tahoe vehicles wait for final inspection before being driven off the production line at the GM assembly plant in Arlington, Texas. (Matthew Busch/Bloomberg) General Motors Co. has halted shipments of a small number of U.S.-made vehicles to China as the fallout of President Donald Trump’s tariffs reshapes the global auto sector. The move is ...more