Saudi Arabia’s state-owned oil giant Aramco posted Q1 profit of $26 billion on May 11, down 4.6% from the prior year as falling global oil prices undermine the kingdom’s development plans.
May 12, 2025Search
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Senate GOP Seeks to Revoke California Emissions Powers
Senate Republicans are developing a strategy to formally push back on certain Biden-era emissions waivers granted to the state of California.
May 12, 2025NYC Expands Weigh-in-Motion Program for Trucks
The New York City Department of Transportation will expand a program to fine overweight trucks on major infrastructure.
May 12, 2025US, China Pause Tariffs for 90 Days
U.S. and Chinese officials said May 12 they had reached a deal to roll back most of their recent tariffs and call a 90-day truce in their trade war to allow for more talks.
May 12, 2025Trump to Ease Regulations With Three Executive Orders
President Donald Trump is expected to sign a trio of new executive actions designed to reduce the impact of regulations — part of an effort the White House has said will spur economic growth.
May 9, 2025Performance of Military Moving Contract Called Into Question
Concerns are mounting that the $17.9 billion military Global Household Goods contract is falling short, notably by transferring large numbers of moves back to the legacy moving program.
May 9, 2025Calif. Drayage Fleets Face Battery-Electric Truck Dilemma
Carriers in California won’t be doing a U-turn on the highway to battery-electric truck adoption despite regulatory change, but executives say the thoroughfare needs some maintenance.
May 9, 2025Tariffs Start to Bite US Farmers and Ag Suppliers
Lack of clarity on how the Trump administration will address much-needed incentives for crop-based fuels in the next few years has added to concerns.
May 9, 2025Trump Budget Includes Freight Interests, Cuts Green Programs
DOT would realize a series of updates to freight infrastructure and supply chain initiatives under a fiscal 2026 budget request lawmakers say is short on specifics.
May 9, 2025Post Office Names David Steiner Postmaster General
The U.S. Postal Service has selected FedEx board member David Steiner to be the country’s next postmaster general, the agency announced May 9.
May 9, 2025