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Sean Duffy

鈥淲e are [reining] in illegal and reckless practices that let poorly trained drivers get behind the wheel of semi-trucks and school buses,鈥 DOT Secretary Sean Duffy said.

The Transportation Department said Dec. 1 that it plans to revoke the certification of nearly 3,000 truck driving schools unless they can comply with training requirements in the next 30 days.

Mexican truck drivers hauling domestic U.S. freight recently were detained and saw their commercial vehicles seized by federal agents in a U.S. CBP enforcement effort targeting 鈥渃abotage.鈥

China is expected to step up U.S. soybean purchases to meet a pledge to buy at least 12 million tons by the end of the year, underscoring a wider market hope that a fragile trade truce can hold.

ODFL declined to comment on the sale, including whether it is a sale-leaseback transaction.聽The 10.67-acre properties are in聽Thomasville Business Park.

Trump for months has pressured the Fed to lower interest rates, and naming a successor to Jerome Powell would give the president his biggest chance yet to reshape the institution.

China is home to more than 90% of global rare earths and permanent magnets refining capacity, compared with just 4% for second-place Malaysia, according to the International Energy Agency.

Wabtec broadened its digital rail capabilities by buying Frauscher, aiming to pair its portfolio with technology designed to strengthen safety, capacity and efficiency for rail operators.

Adobe said spending from Thanksgiving to Cyber Monday totaled $44.2 billion, up 7.7% from a year ago.聽Cyber Monday remains the biggest online spending day of the year at $14.25 billion.

OPEC+ also approved a mechanism for its review of members鈥 individual production capacities, a sensitive process that will help set quotas in 2027.聽

FedEx plans to cut hundreds of jobs in Texas after a third-party logistics customer opted to move its business to a new location and a different company.

The Institute for Supply Management鈥檚 manufacturing index eased half a point to 48.2, according to data released Dec. 1. The measure has been below 50 for nine straight months.

driver

FMCSA is introducing a tougher, multistep approval process that鈥檚 intended to clamp down on bad actors who critics allege abuse the long-standing self-certification process for ELDs.

Port of Los Angeles

OECD Forecasts World Economy to Grow 3.2% This Year

The world economy has proven surprisingly durable in the face of President聽Donald Trump鈥檚 trade wars, the Organization for Economic Cooperation and Development said Dec. 2.

highway traffic

Trump to Ease Mileage Rules in Bid to Curb Rising Car Prices

The CEO of Jeep maker Stellantis and senior executives from General Motors and Ford plan to attend the announcement at the White House, which is expected Dec. 3, sources told Bloomberg.

Maersk truck

South Africa to Prosecute Maersk, CMA Units for Price Fixing

The companies allegedly fixed the general rate increase charged to customers for shipping cargo between South Africa and Asia and between the nation and the western part of Africa from 2008 to 2018.

Amazon delivery in Philadelphia

Amazon Tests 30-Minute Delivery in Philadelphia, Seattle

Amazon will use 鈥渟pecialized smaller facilities鈥 for the deliveries, the e-commerce giant said Dec. 1 in a statement.聽The fee will start at $13.99, discounted to $3.99 for Prime members.

Editor's Picks

Container ship in Long Beach

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.

Walmart trucks

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.

Fuel Prices

Week of Dec 1
Down
diesel
Down
7.3垄
Down
gas
Down
7.6垄

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