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GovernmentBusiness

Top US, Chinese Officials Pledge Cooperation on Trade Deal

Treasury Secretary Scott Bessent and Trade Representative Jamieson Greer held a video call with Chinese Vice Premier He Lifeng on Dec. 5, according to China’s state-run news agency Xinhua. 

December 5, 2025
GovernmentBusinessEquipment

First Brands Flails as Customers Don’t Know Who to Pay

First Brands is asking the judge overseeing its bankruptcy to set up a framework that will give comfort to clients that they can send money to the company without risk of double payment.

December 5, 2025
BusinessTechnologyEquipmentAutonomous

Torc Taps Innoviz for Short-Range Lidar Requirements

Autonomous trucks require long-range lidar systems to identify objects far ahead and short-range sensors to capture detailed data in complex driving situations.

December 5, 2025
GovernmentBusinessTechnologyFuel

NEVI Funds Available Again for EV Charging Networks

Dollars from the $5 billion infrastructure program that Joe Biden’s White House crafted to speed EV adoption are flowing again after the Trump administration froze the funds earlier this year.

December 5, 2025
GovernmentBusiness

Inflation Indicator Eases Path to Interest Rate Cut

The data shows that inflation was muted in September and will bolster the case for a cut to the Fed’s key interest rate at its next meeting Dec. 9-10.

December 5, 2025
GovernmentBusinessSafety

Minnesota Catches FMCSA Heat for Non-Domiciled CDLs

“Our audit exposes yet another example of foreigners taking advantage of Minnesota services under Governor Walz’s watch,” Transportation Secretary Sean Duffy said.

December 5, 2025
BusinessEquipmentTCA

Profitable Ram Brand Is Key to Stellantis Turnaround

"Ram has many superpowers," CEO Antonio Filosa said during a conference organized by Goldman Sachs — including raking in the most profits of any of the automaker's 14 brands.

December 5, 2025
BusinessTechnologyPrivate

Ocado Gets $350 Million From Kroger for Warehouse Closures

Ocado Group will receive a one-time cash payment of $350 million from Kroger, more than previously announced, after the U.S. grocer decided to close three automated warehouses.

December 5, 2025
GovernmentBusinessLogisticsGlobal Freight

Dow's Transportation Average Blazes 9-Day Winning Streak

Equity traders looking for signs that a blistering stock market advance is set to continue may take their cue from the companies that move goods across America’s roads, rails and waterways.

December 5, 2025
Government

Fiscal 2026 Funding Bill Stuck in Congressional Negotiations

With less than a month before the end of the calendar year, congressional leaders have not announced a path forward for approving a fiscal 2026 transportation funding measure.

December 4, 2025