Werner Enterprises is set to acquire privately owned dedicated truckload specialist FirstFleet and associated real estate for a combined $282.8 million. Read more…
Yet the truck manufacturer is increasingly optimistic about the prospects for demand growth as 2026 progresses, lifting its full-year industrywide sales expectations by 15,000 trucks or 6%. Read more…
Nearly three months have elapsed since arguments in the closely watched tariffs case, and the Supreme Court isn’t scheduled to meet in public for more than three weeks. Read more…
The company is eliminating roles associated with its store support center and mandating a five-day in-office schedule for corporate workers, a spokesman confirmed to Bloomberg News. Read more…
The HOS regulatory suspension, which took effect Jan. 23, is scheduled to end Feb. 6. FMCSA indicated it would continue to evaluate and assess winter weather conditions nationwide. Read more…
Port of Los Angeles Executive Director Gene Seroka outlined his vision for a future port, built to be bigger and smarter, during his annual state of the port address. Read more…
The Federal Open Market Committee voted 10-2 Jan. 28 to hold the benchmark federal funds rate in a range of 3.5%-3.75%. The two dissenting were in favor of a quarter-point reduction. Read more…
It could be days before power is restored across the South, where more subfreezing temperatures are expected by Jan. 30 in areas unaccustomed to and ill-equipped for such cold. Read more…
The Department of Energy authorized two power companies to direct data centers and other large facilities to run backup generators as a last resort to prevent rolling blackouts. Read more…
The rise in fuel production is being driven largely by the ramp-up of the Dos Bocas plant. The refinery operated at 77.5% of its installed capacity in December, its best performance to date. Read more…
Norfolk Southern’s quarterly profit slipped 12% amid the uncertain economy as well as unusual costs related to its efforts to merge with Union Pacific in an $85 billion deal. Read more…
The goods and services trade gap nearly doubled from the prior month to $56.8 billion, Commerce Department data showed Jan. 29. The trade data has been prone to volatility related to trade policy. Read more…
China’s imports of canola and canola products from Canada — a trade valued at C$4.9 billion ($3.6 billion) in 2024 — had plunged last year after Beijing imposed steeps levies on the goods. Read more…
The company reported Jan. 28 that net income last year dropped 46% to $3.8 billion despite the introduction of cheaper models and CEO Elon Musk’s promise to remain laser-focused on the company. 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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