The U.S. Justice Department reclassified state-regulated marijuana as a less dangerous drug, a major shift that could dramatically increase legal cannabis sales. Read more…
Ohio Turnpike officials have identified 315 alleged “rogue” trucking companies accused of failing to pay $5.2 million in tolls during the past two years. Read more…
Sagepoint Logistics is launching a dedicated truckload carrier in June, using 60 Freightliner Cascadias equipped with Cummins’ X15N engines. Read more…
U.S. Trade Representative Jamieson Greer said the U.S. might have to take action against Canada over its rejection of American wine and spirits. Read more…
The U.S. is demanding concessions from Canada before it will begin negotiations on the USMCA, says a member of Canada’s advisory committee on U.S. trade relations. Read more…
Security risks in the waterway escalated on April 22 after Iranian gunboats opened fire on commercial ships, while the U.S. blocked two of Tehran’s oil tankers. Read more…
About $300 billion worth of goods subject to U.S. tariffs are avoiding the levies annually and reaching the U.S. from Southeast Asia and Mexico. Read more…
Renewable natural gas producer and fueling station operator Clean Energy Fuels appointed Clay Corbus as CEO on April 23, replacing the retiring Andrew Littlefair. Read more…
House Republican leaders are planning a multiyear measure authorizing roughly $550 billion for programs governing the nation’s mobility system. Read more…
Freight brokers and 3PLs generally have embraced the latest advances in artificial intelligence while continuing to emphasize the value of human expertise. Read more…
Union Pacific delivered 5% higher earnings in Q1 as the railroad prepares to convince regulators that its $85 billion acquisition of Norfolk Southern is a good idea. Read more…
CSX railroad’s profit jumped 25% in the first quarter as the Jacksonville, Fla.-based railroad hauled 3% more shipments and cut its expenses. Read more…
The agreement, which has not been finalized, would offer as much as $500 million in financing in exchange for warrants to purchase up to 90% of the new entity. Read more…
Tesla reported Q1 earnings that beat Wall Street’s estimates, a sign profitability is holding up as the EV maker invests in robotics and driverless cars. Read more…
The largest 3PLs in North America continued to face volatile business conditions last year, from compressed margins to tariff-driven supply chain upheaval. Read more…
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