Fed Sees 9% Chance Rates Fall Back to Zero
“Compared with the past decade, current data show that expected levels of future interest rates are high,” Williams and his co-authors wrote. (Samuel Corum/Bloomberg) The Federal Reserve can’t assume its benchmark lending rate won’t return to zero at some point in the future, according to a group of New York ...more
The Federal Motor Carrier Safety Administration (FMCSA) has denied an age-related regulation exemption request from a high school located in ...more
Officials in California are looking to revoke a ban on autonomous semi truck testing within the state. The California Department ...more
The first of many planned electric semi truck stops along Interstate 5 has been switched on this week in California. ...more
GOP Pushes ‘Big Beautiful’ Budget Toward Summer Vote
Priorities for Republicans during the reconciliation legislative process include border security and immigration enforcement, and military defense weapons systems. (Mikhail ...more
Bendix Offers Voluntary Job Reductions, Citing Tariffs
(McKinley Wiley/The Dark Room Co.) AVON, Ohio — Bendix Commercial Vehicle Systems is offering voluntary layoffs, citing a sharp slowdown ...more
Ryder Q1 Profit Rises 15.3% on Higher Contract Revenue
Winning praise from analysts considering the weak freight environment, Ryder reported comparable earnings per share from continuing operations of $2.46, ...more
Economist: Tariffs Risk ‘Irreparable Damage’ to US Carmakers
An aerial view shows auto dealerships in Cerritos, Calif. (Jae C. Hong/AP) WASHINGTON — Noted ...more
SF Holding to Expand Air Cargo Operations
SF Express self-pickup service lockers in Hong Kong. (Paul Yeung/Bloomberg) SF Holding Co. aims to ...more
Nikola Founder Trevor Milton Receives Full Pardon From Trump
Milton arrives at court for sentencing in December 2023. (Yuki Iwamura/Bloomberg News) Trevor Milton, the ...more
NTSB Identifies 68 At-Risk Bridges in 19 States
The Golden Gate Bridge in San Francisco is among 34 vulnerable bridges identified as “critical ...more
Walmart Invests $6 Billion in Mexico Even as Economy Slows
A Walmart store in Mexico City. (Alejandro Cegarra/Bloomberg News) Walmart de Mexico SAB (Walmex), the ...more
VTNA to Lay Off Up to 350 Employees at Virginia Plant
Production at Volvo Trucks North America's New River Valley assembly plant in Dublin, Va. It ...more
Trump, Carney Talk, Plan Meeting After Canada’s Election
Canada Prime Minister Mark Carney speaks with media in Ottawa on March 27. (Adrian Wyld/The ...more
Georgia Passes Third-Party Lawsuit Financing Measure
A view of the Georgia state capitol. The third-party legislation, passed by the House and ...more
Experts Dissect Challenges of Hydrogen Fueling Infrastructure
A liquid hydrogen fuel tank on Daimler's GenH2 truck. (Daimler Truck) ANAHEIM, Calif. — Affordable ...more
Manufacturers Strive to Strengthen Hydrogen Fuel Cell Tech
Daimler Truck and Volvo Group formed Cellcentric via a joint venture in the spring of ...more
Tariffs Force Rivian to Lower Annual Delivery Outlook
Reducing its sales outlook shows how Trump’s tariff policies and related economic worries risk worsening ...more
The Tennessee Highway Patrol (THP) placed a box truck and a driver out-of-service for numerous ...more
Florida troopers inspected 550 trucks in one day as part of nationwide surprise brake blitz
This week, the Florida Highway Patrol (FHP) inspected hundreds of trucks in a single day ...more