The nation’s top transportation official during a recent industry conference appeared to offer guidance for federal ...
We know that reducing policy restraint too fast or too much could hinder progress on inflation,” Powell said in prepared testimony for the Senate Banking Committee.
In the trucking industry, driver turnover, often called “churn” in the industry, refers to the rate at which truck drivers leave their jobs and are replaced by new drivers.
Wisconsin Gov. Tony Evers has awarded $100 million to the state transportation department to spend on 55 projects repairing rural roads to better move agricultural and forestry products.
The driver shortage in the trucking industry continues, and longhaul routes remain the most vexing issue, according to experts.
Ford CEO Jim Farley will travel to Washington on Feb. 12 to warn Congress that the 25% tariffs President Donald Trump has proposed on Canada and Mexico would “blow a hole” in the auto industry.
Carrier Global overcame weaker demand for refrigeration units from the North American trucking sector to post higher profit and sales in the fourth quarter of 2024, the company said Feb. 11.
Elliott Investment Management has built a more than $2.5 billion stake in oil refiner Phillips 66, and plans to push the company to sell or spin off its midstream business, Bloomberg reports.
President Donald Trump said he agreed to consider a tariff exemption on Australian steel and aluminum imports after a telephone call on Feb. 11 with Australia’s prime minister.
Mexico will consult with the U.S. to explain why it considers the steel and aluminum tariffs ordered by President Donald Trump as “not justified,” said Economy Minister Marcelo Ebrard.
Among the options being floated if the Trump administration moves to strike EV incentives is a three-year wind down to allow more time for the companies to adjust their businesses.
Amazon employee organizers in Garner, N.C., won the right to hold an election this week to determine whether workers at the facility will be represented by an upstart union.