Transportation Secretary Sean Duffy is withholding nearly $160 million from California for failing to revoke more than 17,000 illegally issued non-domiciled CDLs by the Jan. 5 deadline. Read more…
First Brands warned it will run out of cash without an immediate financing injection, a shortfall that could force the bankrupt auto parts maker to shut down some businesses and sell other operations. Read more…
American Truck Dealers President Jacqueline Gelb during her first year on the job saw her members score major regulatory wins, and she’s eyeing another Capitol Hill victory in the year ahead. Read more…
Trump’s administration intends to control the distribution of Venezuela’s oil products globally following its ouster of President Nicolás Maduro in a surprise nighttime raid. Read more…
The goods and services trade gap shrank 39% from the prior month to $29.4 billion, Commerce Department data showed Jan. 8. Imports decreased 3.2%. Read more…
But there are still several policy areas either with loose ends from 2025 or with unchecked boxes on the administration’s to-do list. The pending issues span trade, safety, technology and more. Read more…
Freight costs have dropped sharply and the cheaper shipping environment is encouraging U.S. crude to move offshore, supporting physical crude prices. Read more…
Ford said Jan. 7 it will launch Level 3 autonomy in 2028 on its Blue Cruise feature. The new version that allows drivers to look away will debut on Ford’s all-electric small pickup truck platform. Read more…
The delay from Jan. 14 comes after Ford made objections to the hearing’s subject matter, invite list and scheduling. It was set to take place on the industry and press day of the Detroit Auto Show. Read more…
U.S. government officials are in discussions with Chevron over potentially extending the crude producer’s special license to operate in Venezuela, reports say. Read more…
Exxon Mobil said lower oil prices reduced fourth-quarter results by $800 million to $1.2 billion, one of the first signs that Big Oil is facing a tough earnings season. Read more…
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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