Package delivery giant UPS is offering drivers a financial compensation package if they voluntarily resign as the company undergoes a massive restructure. On Friday, July 18, UPS announced the “US Driver Voluntary Severance Plan (DVSP),” which provides the company’s full-time drivers with “an opportunity to receive a generous financial package ...more
JPMorgan’s Jamie Dimon Flags Complacency on Tariff Threat
“Unfortunately, I think there is complacency in the markets,” Dimon said. (Patrick Bolger/Bloomberg) Markets are complacent on tariffs planned by ...more
Transportation Panel Embraces ‘Back to Basics’ Highway Plan
Spending from the Highway Trust Fund has exceeded revenues since 2001, according to Transportation and Infrastructure Chairman Sam Graves. (WendellandCarolyn/Getty ...more
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 ...more
Tesla to Start Robotaxi Service in California and Arizona
Tesla recently made its long-awaited autonomous ride-hailing service available to a small group of supporters and shareholders in a limited ...more
New FedEx Hub in Detroit Moves 12,000 Packages an Hour
The majority of the floor is made up of caster decking so that workers can move heavy, large units without ...more
A recent commercial vehicle enforcement detail in Weld County, Colorado, uncovered dozens of safety violations, police say. According to a ...more