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
CVSA International Roadcheck Event Set for May 13-15
The results of the data collected from the event will be released this summer. (Commercial Vehicle Safety Alliance) The Commercial ...more
States Adopt Streamlined Medical Certification Rule Early
The program will electronically integrate Medical Examiner’s Certification information on commercial vehicle drivers to state driver’s licensing agencies. (welcomia/Getty Images) ...more
Trump Floats ‘Substantial’ China Tariff Cuts in Trade Deal
(Qilai Shen/Bloomberg News) President Donald Trump said he plans to be “very nice” to China in any trade talks and ...more
Norfolk Southern Profit Increases in Q1
(Norfolk Southern) Norfolk Southern’s quarterly profits were again inflated by insurance payments related to its disastrous 2023 derailment in eastern ...more
Volvo Profit Falls in Q1 With Tariffs Clouding Outlook
(Hollie Adams/Bloomberg)) Volvo AB’s income declined in the first quarter as uncertainty around U.S. tariffs hit demand for trucks in ...more
Trump Softens Tone on Tariffs, Says He Won’t Fire Powell
Trump in the Oval Office on April 22. (Alex Brandon/AP) Wall Street traders are going all-in on risky bets that ...more
Echo Global Logistics Opens Mexico City Office
Echo initiated cross-border logistics services in 2016. (Echo Global Logistics) Echo Global Logistics opened an ...more
Hyundai Showcases New $7.6B EV Plant, Announces Expansion
Hyundai EVs on the assembly line at the company's new plant in Ellabell, Ga., on ...more
Hyundai Showcases $7.6B Georgia EV Plant, Announces Expansion
Hyundai EVs on the assembly line at the company's new plant in Ellabell, Ga., on ...more
Dole Says Port Fees on Chinese Ships Would Hike Banana Prices
Dole bananas at an H Mart grocery store in Fairfax, Va. (Al Drago/Bloomberg News) A ...more
Trump Nominates Navy Veteran Brent Sadler to Lead MARAD
The Champ Clarke Bridge over the Mississippi River between Missouri and Illinois. (Missouri Department of ...more
ASCE Gives US Highway Conditions a D+ Grade
(andy0man/Getty Images) WASHINGTON — A comprehensive evaluation of the nation’s infrastructure networks determined the conditions ...more
ADM to Cut CEO’s Bonus After Accounting Scandal Hit Shares
ADM's North American headquarters in Decatur, Ill. (Neeta Satam/Bloomberg News) Archer-Daniels-Midland Co. plans to slash ...more
US Ports See February Cargo Surge Across Coasts
The Port of Long Beach said container volume for the month increased 13.4% year over ...more
House Passes $1.7 Trillion Spending Bill to Avert Shutdown
WASHINGTON — A $1.7 trillion spending bill financing federal agencies through September and providing more ...more
Canada Exempts Tariffs on Automakers That Stay in Country
BrightDrop electric vans at the General Motors CAMI Assembly Plant in Ingersoll, Ontario. (Brett Gundlock/Bloomberg) ...more
FMCSA targeted by pro-Russia hacker group, but says systems ‘have not been compromised’
A group of pro-Russia hackers claim to have breached the Federal Motor Carrier Safety Administration’s ...more
The Commercial Vehicle Safety Alliance (CVSA) is gearing up for a driver-focused enforcement operation taking place ...more
Peterbilt Emphasizes Flexibility to Navigate Fluid Conditions
Peterbilt trucks on display at the OEM's Denton, Texas, facility. (Mike Senatore/Transport Topics) Truck maker ...more
Logistics and Shipping Players Are Doubling Down on Mexico
A DHL warehouse. DHL just finished a $120 million expansion at its Querétaro air hub. ...more