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Continental Earnings Hit Four-Year High on Cost Cuts

Continental AG more than doubled earnings in the first quarter as its car parts unit slashed costs and tire sales bounced back from weaker levels last year.

May 6, 2025

NYC Acts to Bar DOT From Denying Funds in Congestion Case

New York asked a judge to stop the Trump administration from withholding federal approvals or funds in the president’s push to end Manhattan’s congestion pricing program.

May 6, 2025

California Awards Tax Credits for Port, Hydrogen Projects

California Gov. Gavin Newsom awarded a $1.5 million tax credit for a hydrogen fuel facility and a $800,000 credit to expand Port Hueneme’s logistics and supply chain infrastructure.

May 5, 2025

Congressional Republicans Push Reconciliation Bill

House Republicans recently took a major step in their quest to approve as early as this month a comprehensive tax and budget measure supported by the Trump White House.

May 5, 2025

Rivian to Build $120 Million Supplier Park in Illinois

The 1.2 million-square-foot park in Normal will allow the electric-vehicle maker to increase production at its plant in 2026, when it starts building its R2 model, said CEO RJ Scaringe.

May 5, 2025

Uncertainty Dominates Pre-Buy Discussions Ahead of 2027

The trucking industry’s anticipated pre-buy ahead of 2027 is taking a different shape as economic uncertainty, shifting regulations and tariffs cloud the market.

May 9, 2025

Tiny Logistics Firm’s Shares Surge on Plan to Buy Trump Coin

Freight Technologies of Houston announced it will hold President Donald Trump’s memecoin as a treasury asset, fueling its blistering stock rally.

May 5, 2025

OPEC+ Throws ‘Bombshell to the Oil Market’

OPEC+ agreed to surge output again in June, as the group’s leaders continue an accelerated revival of supply aimed at punishing overproducing members that has sent crude prices plunging.

May 5, 2025

Congestion Pricing Fight With DOT at Impasse, New York Says

New York is poised to seek an immediate court order in its lawsuit to protect its congestion pricing program from the Trump administration's push to shut it down.

May 2, 2025