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Transportation Secretary Sean Duffy is withholding nearly $160 million from California for failing to revoke more than 17,000 illegally issued non-domiciled CDLs by the Jan. 5 deadline.
American Truck Dealers President Jacqueline Gelb during her first year on the job saw her members score major regulatory wins, and she鈥檚 eyeing another Capitol Hill victory in the year ahead.
Ryder System acquired Georgia mobile truck and trailer maintenance specialist Truck Service Depot on Jan. 6 for an undisclosed sum, the company said.
The U.S. Postal Service is cutting ties with drivers who hold non-domiciled commercial driver licenses and have not been subjected to careful internal vetting, the agency said.
U.S. transportation stocks closed at a record level Jan. 6, capping off a rebound fueled by prospects of strong economic growth this year.聽
Trump's administration intends to control the distribution of Venezuela鈥檚 oil products globally following聽its ouster of President Nicol谩s Maduro聽in a surprise nighttime raid.
First Brands Warns Cash to Run Out by Jan. 31
First Brands warned it will run out of cash without an immediate financing injection, a shortfall that could force the bankrupt auto parts maker to shut down some businesses and sell other operations.
Trade Deficit Shrinks to Smallest Since 2009 on Imports Drop
The goods and services trade gap shrank 39% from the prior month to $29.4 billion, Commerce Department data showed Jan. 8.聽Imports decreased 3.2%.
Ford Hints at Robotaxis With Plans for Eyes-Off-Road Tech
Ford said Jan. 7 it will launch Level 3 autonomy in 2028 on its Blue Cruise feature. The new version that allows drivers to look away will debut on Ford鈥檚 all-electric small pickup truck platform.
Senate Panel Postpones Hearing With Detroit Carmaker CEOs
The delay from Jan. 14 comes after Ford made objections to the hearing's subject matter, invite list and scheduling.聽 It was set to take place on the industry and press day of the Detroit Auto Show.
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Global freight flows have entered a period of transformation as the U.S.-led trade war and other policy changes have upended the business landscape for international shipping.
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Aumovio and Amazon Web Services are using generative artificial intelligence to enhance the development process for autonomous vehicles, starting with Aurora's self-driving trucks.
The White House is organizing a meeting Jan. 9 with U.S. oil company executives to discuss Venezuela. Representatives of Exxon, Chevron and ConocoPhillips are expected to attend.
U.S. European Command announced the seizure of the Bella 1. Secretary of 爱豆传媒land Security Kristi Noem revealed that U.S. forces also took control of the tanker Sophia in the Caribbean.
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