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Cerberus Capital Management, an investment firm specializing in credit, private equity and real estate, will acquire 70% interest in Navistar Defense, according to a Dec. 3 press release.

U.S. farmers are pleased that President Donald Trump and Xi Jinping agreed to a trade truce, but they’re not rejoicing just yet. That won’t come until they see ships full of their soybeans headed to China.

The United States Postal Service won’t be delivering mail Dec. 5 as part of the national day of mourning for the late former President George H.W. Bush.

Steps taken by the Trump administration at last week’s G-20 summit in Buenos Aires, Argentina, could have significant effects for the trucking and port industries as the president continues to revamp global trade policy for the United States.

The U.S. average retail price of diesel dropped 5.4 cents to $3.207 a gallon, the U.S. Energy Information Administration reported Dec. 3, as crude oil prices fluctuated but remained below $55 per barrel.

Turn on a cable news show, and a federal lawmaker (most likely an incoming freshman) or a veteran pundit will declare that next year we’ll live each week as if it were “Infrastructure Week.” Until then, here's the week ahead for trucking on Capitol Hill.

President Trump’s top economic adviser on Dec. 3 said the White House wants to end subsidies for electric vehicle purchases, without saying how it would eliminate the incentives that were created by Congress.

Romaine lettuce is shipping again after a late November outbreak of E. coli, but only after the federal government began a new round of negotiating with producers for changes in tracking.