Labor Department Plans to Rescind Independent Contractor Rule: TT Daily

March 3, 2026

Sponsored By:
National Motor Freight Traffic Association, Inc.® (NMFTA)™

Labor Department Plans to Rescind Independent Contractor Rule

Secretary of Labor Lori Chavez-DeRemer announced a proposed rule to rescind a controversial independent contractor rule in a move welcomed by the trucking industry. Read more…

TODAY’S NEWS

FUEL

Diesel and Gasoline Prices Rise on Iran Strikes

“It’s the rockets and feathers effect,” said Christopher Knittel, a professor of energy economics at the Massachusetts Institute of Technology. “When things are going up — they go up fast.” Read more…

EQUIPMENT

Wabash Expands Parts Network, Idles 2 Plants

Trailer manufacturer Wabash is continuing to expand its parts and service center operations while trimming manufacturing capacity as part of a strategic pivot. Read more…

SPONSORED CONTENT

Best Carrier TMS Software: How to Choose the Right System for Your Fleet

The best carrier TMS eliminates the clicking, the data entry, and the phone calls that eat your dispatcher’s morning. The wrong one forces your billing team back into spreadsheets because the system can’t handle the way you actually rate freight. Read more…

LOGISTICS

Kuehne + Nagel to Cut 2,000 Jobs as War Pressures Markets

The conflict in the Middle East creates additional unknowns. “The whole issue of supply chain reliability will become more important,” CEO Stefan Paul told journalists on March 3. Read more…

GOVERNMENT

Federal Circuit Sends Tariff Case Back After Trump Loss

An appeals court rejected the Trump administration’s request to delay next steps in the fight over tariff refunds for importers after the Supreme Court struck down Trump’s signature policy. Read more…

SPONSORED CONTENT

A New Structure for Growth

Sales and marketing teams across the logistics industry are being asked to do more. Customer expectations are rising, technology is reshaping engagement, and commercial teams face growing pressure to deliver measurable growth. Read more…

FUEL

Trump Team Holds Oil Reserve Despite Price Spike

A decision to tap the Energy Department’s Strategic Petroleum Reserve could help stanch price spikes, at least temporarily. The reserve currently holds about 415 million barrels. Read more…

EQUIPMENT

Sunbelt Enters US Market as Asset-Heavy Bets Gain Traction

Sunbelt Rentals Holdings made its U.S. stock-market debut March 2, amid a recent rush by investors into asset-heavy, capital intensive businesses that can’t be replaced by AI. Read more…

BUSINESS

Global Economy Faces New Strain From Iran Conflict

The most immediate impact from the escalating Middle East conflict is through market reaction as investors take flight to safe havens such as the dollar and gold, while stocks slump. Read more…

BUSINESS

US Farmers Confront Fresh Volatility in Trump Tariff Era

“One of the things in this industry is that there’s always uncertainties,” Krista Swanson, chief economist at the National Corn Growers Association, said in an interview. Read more…

LOGISTICS

Containership Giants Move Freight Away From Gulf Hot Spots

Some carriers are canceling bookings temporarily, skipping some port calls, warning of delays and implementing surcharges to transport containers through the conflict zone. Read more…

EQUIPMENT

ATRI: Chicago Home to Worst Truck Bottleneck

Chicago’s Interstate 294 at I-290/I-88 has been named the nation’s top freight bottleneck in 2026, according to a new analysis from the American Transportation Research Institute. Read more…

BUSINESS

Manufacturing Shows Strength While Prices Accelerate

The Institute for Supply Management’s gauge of prices paid for manufacturing inputs jumped 11.5 points to 70.5, the highest level since overall inflation peaked nearly four years ago. Read more…

AUTONOMOUS

Torc Advances Autonomous Truck Testing in Michigan

Freightliner Cascadias equipped with Torc’s software began testing in Michigan in February, adding to trials already underway on roads in the Dallas-Fort Worth area and in Virginia. Read more…

BUSINESS

Agriculture Markets Brace for Prolonged Iran Turmoil

Agriculture traders rushed to adjust positions with the escalating conflict in Iran threatening to disrupt supply chains from corn and soybean meal to fertilizer and sugar. 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 as tariffs and shifting trade policies have altered international freight flows. Read more…

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Labor Department Plans to Rescind Independent Contractor Rule: TT Daily

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