Geopolitical Chaos Continues to Roil Trucking Industry
In 2025, trucking was hoping for a rebound, but start-and-stop tariffs and an enduring weak freight market have made the prospects of a broad recovery difficult. (Mark Schiefelbein/Associated Press; WendellandCarolyn/Getty Images) The trucking industry is wrestling with an unclear market trajectory forged through a combination of chaotic geopolitical negotiations and ...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, ...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 ...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 ...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. ...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 ...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 ...more
Werner Reports Q1 Revenue of $712M Despite Headwinds
Werner's revenue in Q1 decreased 7% to $712.1 million from $769.1 million. (Werner Enterprises) Werner ...more
Mondelez Says Wary US Shoppers Are Cutting Back on Snacks
The company raised prices to offset elevated cocoa costs. (Mondelez via YouTube) Mondelez International Inc. ...more
Trucking Stakeholders Amplify Cargo Theft Concerns
“Directly or indirectly, virtually all trucking companies are victims of cargo theft," ATA Chief Economist ...more
XPO Increases Earnings Off Lower Revenue for Q1
XPO posted net income of $69 million in Q1, compared with $67 million a year ...more
Lawmakers Revive Bipartisan Bill to Restore US Shipbuilding
A containership at the Port of Philadelphia. (Hannah Beier/Bloomberg) U.S. lawmakers are reintroducing legislation that ...more
Alternative Fuels ‘Back on the Menu’ at ACT Expo
Attendees check out at the latest commercial vehicle technologies on display at ACT Expo 2025 ...more
Caterpillar Expects Lower 2025 Sales if Trump Tariffs Stay
Caterpillar is a bellwether for the health of the global economy. (Caterpillar Inc.) Caterpillar Inc. ...more
Tesla Aims for Full-Scale Production of Semi in 2026
Dan Priestley outlines plans to ramp up production of the long-awaited Tesla Semi. (Seth Clevenger/Transport ...more
Keystone Restarts Oil Pipeline After Leak Prompted Shutdown
This image provided by South Bow shows a spill from the Keystone oil pipeline that ...more
Increase of 4.6¢ Halts Diesel’s Seven-Week Decline Streak
The national average price of diesel increased after seven straight weeks of declines, rising 4.6 ...more
Trump Moves Closer to Port Fee on Chinese Vessels
Containerships at anchor near the Port of Los Angeles. (Tim Rue/Bloomberg) The Trump administration took ...more
The Virginia State Police are still investigating a semi truck tire blowout crash that caused ...more
Norfolk Southern Profit Increases in Q1
(Norfolk Southern) Norfolk Southern’s quarterly profits were again inflated by insurance payments related to its ...more
