°®¶¹´«Ã½

The freight market outlook is underwhelming, with marginal rate increases unlikely to cover the ongoing rise in carriers’ costs, according to FTR Transportation Intelligence analysts.

Amazon is planning a 229,000-square-foot store selling groceries and general merchandise in the Chicago area, a fresh attempt at physical retail that borrows from stories like Walmart and Target.

The latest enforcement action from Transportation Secretary Sean Duffy against a state over issuance of non-domiciled CDLs included a familiar list of alleged offenses.

North Carolina is the ninth state to be targeted since Transportation Secretary Sean Duffy launched the review last year to make sure only qualified drivers hold licenses to drive trucks.

Absent enactment of a DOT funding bill by Jan. 30, certain transportation agencies would shut down or operate at minimum staffing levels.

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.

Ryder System acquired Georgia mobile truck and trailer maintenance specialist Truck Service Depot on Jan. 6 for an undisclosed sum, the company said.

Self-driving car systems company Mobileye Global is acquiring Israeli startup Mentee Robotics in a cash-and-stock deal valued at $900 million, as it looks to develop humanoid robots.

U.S. transportation stocks closed at a record level Jan. 6, capping off a rebound fueled by prospects of strong economic growth this year. 

Ford selected Precision Vehicle Solutions to manage finished vehicle logistics at its Kentucky Truck Plant and Louisville Assembly Plant, one of Ford's highest-volume outbound networks.