General News
Amazon in Talks to Commit $50 Billion to OpenAI
The ChatGPT maker has held discussions with Amazon, Nvidia and SoftBank Group for a new funding round, according to a person familiar with the matter. Details still could change.
Jim Filter to Follow Mark Rourke as Schneider CEO in July
Jim Filter currently holds the title of executive vice president and group president of transportation and logistics and will join the board when he takes up his new role.
Nvidia and Mercedes Advance Robotaxi Partnership
“Together, Mercedes-Benz, Nvidia and Uber will build a global platform that makes autonomous driving available to everyone,” Nvidia CEO Jensen Huang said.
Tennessee Weighs $1M Liability Tied to Undocumented Drivers
The bills would require law enforcement agencies to notify federal immigration agents when arresting an undocumented person operating a CMV in Tennessee.
AI, Cost Discipline Lift C.H. Robinson in Tough Q4
C.H. Robinson Worldwide used cost discipline and leveraged technology like artificial intelligence to gain market share despite fourth-quarter obstacles.
First Brands Founder Indicted on Fraud, Conspiracy Charges
Patrick and Edward James were each charged with nine counts, including continuing financial crimes enterprise, wire fraud, bank fraud, conspiracy to commit wire fraud and conspiracy to commit money laundering.
Shutdown Risk Puts $200M Truck Parking on Hold
A bill that would give a significant funding boost for projects aimed at expanding access to truck parking nationwide appears stuck in the Senate.
Judge Denies Bid to Make California Issue Non-Domiciled CDLs
A federal judge refused a request by Chinese American truckers to force the California Department of Motor Vehicles to resume issuing non-domiciled commercial driver licenses.
Caterpillar Earnings Boosted by AI Data Center Power Demand
The company’s power and energy segment — now Caterpillar’s biggest and fastest-growing segment — posted a 25% profit jump compared to the year-earlier period.
Toyota Keeps Title as Top Carmaker With Record Sales in 2025
Toyota kept its title as the world’s biggest carmaker for a sixth year, widening its lead over Volkswagen by posting record sales despite trade turmoil and growing competition.
US Trade Gap Widens From Smallest Since 2009 as Imports Rise
The goods and services trade gap nearly doubled from the prior month to $56.8 billion, Commerce Department data showed Jan. 29. The trade data has been prone to volatility related to trade policy.
Situation in South Grows More Dire With Icy Roads, Outages
It could be days before power is restored across the South, where more subfreezing temperatures are expected by Jan. 30 in areas unaccustomed to and ill-equipped for such cold.
Tesla Makes Smallest Annual Profit Since the Pandemic
The company reported Jan. 28 that net income last year dropped 46% to $3.8 billion despite the introduction of cheaper models and CEO Elon Musk's promise to remain laser-focused on the company.
Norfolk Southern Profit Slips 12% Amid Merger Costs
Norfolk Southern's quarterly profit slipped 12% amid the uncertain economy as well as unusual costs related to its efforts to merge with Union Pacific in an $85 billion deal.
Werner Boosts Dedicated Unit With FirstFleet Acquisition
Werner Enterprises is set to acquire privately owned dedicated truckload specialist FirstFleet and associated real estate for a combined $282.8 million.
Home Depot Cuts Jobs and Orders Staff Back to Office
The company is eliminating roles associated with its store support center and mandating a five-day in-office schedule for corporate workers, a spokesman confirmed to Bloomberg News.
Rising Mexican Fuel Production Threatens US Fuel Exports
The rise in fuel production is being driven largely by the ramp-up of the Dos Bocas plant. The refinery operated at 77.5% of its installed capacity in December, its best performance to date.
Fed Leaves Rates Unchanged While Upgrading View of US Growth
The Federal Open Market Committee voted 10-2 Jan. 28 to hold the benchmark federal funds rate in a range of 3.5%-3.75%. The two dissenting were in favor of a quarter-point reduction.
FMCSA Issues HOS Waiver for 40 States After Storm
The HOS regulatory suspension, which took effect Jan. 23, is scheduled to end Feb. 6. FMCSA indicated it would continue to evaluate and assess winter weather conditions nationwide
VTNA, Mack to Pause Production for a Week at Points in Q1
Yet the truck manufacturer is increasingly optimistic about the prospects for demand growth as 2026 progresses, lifting its full-year industrywide sales expectations by 15,000 trucks or 6%.