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 Louisiana Department of Transportation is looking into adding “better grip” to a notoriously dangerous interchange near Shreveport after two ...more
The Raleigh County Sheriff’s Office (RCSO) is investigating a double fatality semi truck crash that occurred this week on Sandstone ...more
Police are writing tickets to truckers in Putnam County, Indiana, for following GPS devices onto a restricted roadway. Twice this ...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
A video circulating on trucker internet has one question to ask about this gorgeous back-in: ...more
Drivewyze Partners With Bestpass to Better Align Tolling, Bypass Services
Drivewyze and Bestpass Inc. have joined forces so fleets can better leverage their toll management ...more
I-65 is closed on both sides in northwest Indiana due to a semi truck explosion ...more
TFI International Inc. says that it will “walk away” from all expansion and acquisition deals ...more
