10 Roads Express to Shut Down After Losing USPS Business: TT Daily

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December 3, 2025

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10 Roads Express to Shut Down After Losing USPS Business

The Carter Lake, Iowa-based contract carrier cited headwinds hindering the overall transportation sector and the loss of USPS, whose contract accounted for 70% of the company’s revenue. Read more…

TODAY’S NEWS

GOVERNMENT

What to Know About DOT’s Crackdown on CDL Mills

“We are [reining] in illegal and reckless practices that let poorly trained drivers get behind the wheel of semi-trucks and school buses,” DOT Secretary Sean Duffy said. Read more…

BUSINESS

Yellow Nears Long-Awaited Settlement With Pension Plans

One of the biggest reasons for settling the dispute, according to court records, is that continuing to explore legal avenues would take up more of the dwindling funds Yellow has available. Read more…

EQUIPMENT

Trump to Ease Mileage Rules in Bid to Curb Rising Car Prices

The CEO of Jeep maker Stellantis and senior executives from General Motors and Ford plan to attend the announcement at the White House, which is expected Dec. 3, sources told Bloomberg. Read more…

GOVERNMENT

Trump Sets Early 2026 Date for Fed Chair Pick

Trump for months has pressured the Fed to lower interest rates, and naming a successor to Jerome Powell would give the president his biggest chance yet to reshape the institution. Read more…

THIS WEEK’S CARTOON: "This Game’s Not a Turkey!"

BUSINESS

Wabtec Acquires Frauscher Sensor Technology Group

Wabtec broadened its digital rail capabilities by buying Frauscher, aiming to pair its portfolio with technology designed to strengthen safety, capacity and efficiency for rail operators. Read more…

BUSINESS

Payrolls at US Companies Fall by Most Since 2023, ADP Says

The weak ADP report risks heightening concerns of a more rapid deterioration in the labor market ahead of the Federal Reserve’s final policy meeting of the year next week. Read more…

TECHNOLOGY

US Seeks New Alliances to Bolster AI Supply Chains

China is home to more than 90% of global rare earths and permanent magnets refining capacity, compared with just 4% for second-place Malaysia, according to the International Energy Agency. Read more…

TECHNOLOGY

US Eyes Diesel Generators to Meet Growing AI Power Demand

Energy Secretary Chris Wright told the North American Gas Forum that the move could add the equivalent of roughly 35 traditional nuclear power plants worth of electricity. Read more…

EQUIPMENT

ZF’s Rising Debt Costs Are a Warning to Auto Suppliers

ZF Friedrichshafen, a maker of components for BMW and Volkswagen, has seen its debt refinancing costs surge, showing how the German auto industry’s struggles are cascading through suppliers. Read more…

AUTONOMOUS

Uber Teams With Avride to Offer Robotaxi Rides in Dallas

Customers who request an UberX, Uber Comfort or Comfort Electric may be matched with one of Avride’s Hyundai Ioniq 5 robotaxis at no additional cost starting Dec. 3. Read more…

EDITOR’S PICK

Top 50 Global Freight Companies Persevere Amid Trade Shift

The world’s largest transportation and logistics providers have been operating in a highly volatile business environment this year as tariffs and shifting trade policies have altered international freight flows. Read more…

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