Commercial vehicle drivers across the country will notice major changes to the medical certification process starting in late June. Beginning on June 23, 2025, medical examiners will electronically submit the results of a commercial vehicle driver’s exam directly to the Federal Motor Carrier Safety Administration (FMCSA). Results of exams must be submitted by midnight of ...more
Ford Recalls 274,000 Navigator, Expedition SUVs
(Chris Ratcliffe/Bloomberg) NEW YORK — Ford is recalling nearly 274,000 of its Expedition and Lincoln-branded Navigator SUVs across the U.S. due to an issue that may cause a loss of brake function while driving, increasing crash risks. According to documents published by the National Highway Traffic Safety Administration, the front brake lines in these now-recalled ...more
House Panel Weighs Input on Highway Funding Priorities
"A priority of mine will be to return the surface transportation reauthorization back to a traditional infrastructure bill that focuses on roads, bridges and the movement of freight," Graves said. (Al Drago/Bloomberg) WASHINGTON — The transportation panel in the U.S. House of Representatives recently reviewed proposals from its colleagues as a way to inform an ...more
Global Oil Demand Growth to Slow For Rest of 2025, IEA Says
(Douglas Rissing/Getty Images) Global oil demand growth will slow during the remainder of 2025 after a robust first quarter due to “economic headwinds,” the International Energy Agency said. After increasing 990,000 barrels a day year-on-year between January and March, the rate of consumption growth will decelerate to a “subdued” 650,000 barrels a day over the ...more
Walmart Says It Will Raise Prices Due to Tariff Costs
A Walmart store in Bristol, Conn. (Joe Buglewicz/Bloomberg) NEW YORK — Walmart’s first-quarter profit slipped and it said it must raise prices due to higher costs from tariffs implemented by President Donald Trump. The nation’s largest retailer posted strong quarterly sales May 15 and said it expects sales growth of 3.5% to 4.5% in the ...more
CVS Bids for Rite Aid Stores in Pacific Northwest
A "Store Closing" sign hangs on a Rite Aid store in Huntington Woods, Mich., on July 31, 2024. (Emily Elconin/Bloomberg News) CVS Health Corp. is trying to buy stores and patient data from Rite Aid Corp., the beleaguered pharmacy chain that is going out of business after filing for bankruptcy a second time earlier this ...more
Deere Swells to Record on Optimism for Farm Economy
Deere & Co. products at an agricultural exposition in Tulare, Calif. (Patrick T. Fallon/AFP/Getty Images) Deere & Co. jumped to a record after earnings beat the highest of analyst estimates, even as the world’s largest farm machinery maker trimmed its profit outlook for the year due to the impact of President Donald Trump’s tariffs. Investors ...more
Fed’s Barr Says Supply Chain Chaos Could Boost Inflation
(LD/Getty Images) Federal Reserve Governor Michael Barr said the economy is on solid ground, but warned tariff-related supply chain disruptions could lead to lower growth and higher inflation. Barr emphasized the importance of small businesses and their role in both supply chains and the overall economy. Trade policies, he said, have clouded the outlook and ...more
FHWA Nominee McMaster Promotes Permitting Reform, Safety
Sean McMaster is the Trump administration's nominee to lead the Federal Highway Administration. McMaster’s portfolio would include managing funds approved in the $1.2 trillion Infrastructure Investment and Jobs Act. (Kent Nishimura/Bloomberg News) Sean McMaster, nominee to lead the Federal Highway Administration, appeared before the Senate Environment and Public Works Committee on May 14, the first ...more
The search for a potentially missing truck driver was cancelled earlier this week after a review of the parked rig’s dash cam footage revealed the driver just left in a second vehicle. The search for the potentially missing truck driver started on Tuesday morning, May 13th at a boat launch in Belmont County, Ohio.According to ...more