President Trump’s aggressive approach to trade policy, alongside other market disruptions, left trucking looking for clarity on a market recovery, investments and equipment. Read more…
UPS will invest $120 million in 400 robots used to unload trucks, according to sources, revealing new details on the logistics giant’s $9 billion automation plan that aims to boost profit. Read more…
A Dallas County jury last week awarded $44 million in damages to the family of a man killed when his truck was rear-ended by an 18-wheeler during the 2021 winter ice storm in Texas. Read more…
Before filing for bankruptcy, Luminar struck an agreement with Quantum Computing to sell it the equity of subsidiary Luminar Semiconductor for $110 million in cash. Read more…
Brad Jacobs joined XPO in 2011 and built it into one of North America’s largest transportation companies before spinning off GXO in 2021 and RXO in 2022. Read more…
Ford Motor will take $19.5 billion in charges tied to a sweeping overhaul of its electric vehicle business after struggling for years to make it profitable. Read more…
The terminations are Luxembourg’s largest in at least two decades and a speed bump in the mutually beneficial relationship between Amazon and the tiny country. Read more…
“Fifty-three percent of New York’s non-domiciled [commercial driver licenses] were issued unlawfully or illegally," Transportation Secretary Sean Duffy says. Read more…
Transportation and warehousing employment fell by 8,000 jobs in November and is down 78,000 jobs since its February peak, according to the BLS Employment Situation report for November. Read more…
Motor vehicles fell 1.6%, held down in part by the expiration of federal tax incentives on electric vehicles. Cheaper gasoline prices held down the value of gas station receipts. Read more…
Under the new proposal, tailpipe emissions will have to be reduced by 90% by the middle of the next decade compared with the current goal of a 100% reduction. 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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