“The reason you’ve seen spot rates up in the last couple of weeks — it’s been because of the enforcement activity,” said J.B. Hunt Chief Operating Officer Nick Hobbs. Read more…
An FMCSA audit recently found compliance issues in California, Colorado, Pennsylvania, South Dakota, Texas and Washington. South Dakota was first to acknowledge them. Read more…
The Commerce Department is slated to announce a five-year extension for an arrangement that allows automakers to reduce what they pay in tariffs on imported car parts. Read more…
Companywide cost-cutting initiatives are having an effect, the company said of its third-quarter earnings report released after the market closed Oct. 15. Read more…
The manufacturer on Oct. 17 projected declining North American truck registrations for 2026, with CEO Martin Lundstedt citing rising uncertainty tied to President Trump’s planned duties. Read more…
The deficit for the fiscal year was $1.78 trillion, down from $1.82 trillion in 2024, a drop of 2%, according to figures released by the Treasury Department Oct. 16. Read more…
First Brands has admitted it can’t find $2.3 billion related to off-balance sheet financing deals. Lawyers for the U.S. Trustee asked a judge to move up a hearing on the request to Oct. 29. Read more…
Stellantis declined to comment on conversations with the government. It has confirmed it’s adding a third shift at an Ontario facility and described Canada as “very important” to its plans. Read more…
Washington’s partisan impasse continues to keep the federal government in a partial shutdown as the transportation panels eye consideration of a multiyear highway measure. Read more…
CEO Steve Angel, without promising a merger, said he would consider any opportunities that make sense for shareholders. He vowed to focus on making CSX the best-performing railroad. Read more…
GM agreed in 2022 to buy nickel supplies from Brazilian miner Vale as part of a strategy to build up its battery supply chain for EVs, but the pause has meant cancellation of the project. Read more…
The agreement involves a battery-powered minivan as the initial fleet model for “accelerating the development and deployment of robotaxi solutions in Europe,” the companies said. Read more…
The largest private carriers in North America have navigated volatile markets and shifting freight patterns this year as tariffs and trade deals shake up international supply chains. Read more…
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