General News
‘Armored Teslas’ Vanish From Government Procurement List
The State Department’s procurement forecast removed the mention of Elon Musk’s Tesla in relation to a planned $400 million armored EV purchase after reports emerged about it on Feb. 12.
Wholesale Prices Rose 0.4% in January, Hotter Than Expected
U.S. wholesale prices came in hotter than expected last month at a time when progress against inflation appears to have stalled, undercutting expectations for lower interest rates.
Honda, Nissan and Mitsubishi End Merger Talks
Japanese automakers Honda, Nissan and Mitsubishi said Feb. 13 they are ending talks on business integration.
Trump Says He’ll Sign Reciprocal Tariffs Today
President Donald Trump said Feb. 13 that he’ll sign an order that increases U.S. tariffs to the rates other countries charge on imports.
House T&I Explores Road Safety Improvements
Congressional Republicans on the House transportation committee tasked with finalizing a highway policy bill are pressing for safety improvements across mobility corridors.
Bank of Canada Lowers Rates as Tariff Concerns Grow
Bank of Canada officials acknowledged that the economic uncertainty created by a potential trade battle supported their decision to cut interest rates last month.
Truck Parking Apps Face Resistance From Drivers, Study Finds
The study found that despite parking shortages along Interstate 80 and Interstate 94 corridors in Iowa and Wisconsin, drivers are mostly not using the apps to look for empty parking places.
Ryder Reports Growth From Strong Operations During Q4
“We are pleased to report that this quarter is the first quarter in the last eight with year-over-year comparable earnings growth," CEO Robert Sanchez said during a call with investors.
EU Trade Chief and Trump Officials Discuss Tariff Dispute
EU trade chief Maros Sefcovic spoke with three top members of U.S. President Donald Trump’s incoming administration on how to find a solution to the brewing transatlantic trade dispute.
Class 8 Vocational Demand Powers Allison Q4 Profit, Revenue
Allison Transmission's profit and revenue rose in the fourth quarter of 2024 on the back of increased Class 8 vocational North American on-highway demand, the company said Feb. 11.
Chevron Plans to Cut Up to 20% of Workers in Efficiency Push
Chevron Corp. plans to cut its global workforce by 15% to 20% by next year, as part of efforts to reduce costs at the U.S. oil major.
Canada Gives Halifax Port C$25 Million for Green Initiatives
Canada has granted C$25 million to the Halifax Port Authority for sustainable environmental infrastructure and establish a hydrogen production facility.
Renault Holds Key to Nissan’s Future
French carmaker Renault SA is Nissan’s biggest shareholder with a 36% stake — a holding that Hon Hai Precision Industry Co. on Feb. 12 signaled it’s open to buying.
Canada’s 13 Premiers Descend on Washington
The leaders of all Canadian provinces and territories are set to meet up in the U.S. capital to take their arguments against tariffs to American lawmakers, business groups and labor leaders.
Trucking Experts Link Cybersecurity to Company Culture
Businesses can better protect themselves from breaches by building a company culture that prioritizes security while also developing closer relationships with key stakeholders.
Isuzu to Build Car Plant in South Carolina
Isuzu is investing $280 million to build a new manufacturing plant in South Carolina, a timely move as Japanese carmakers brace for steep tariffs on components imported to the U.S.
Japan Asks for Exemption From US Steel and Aluminum Tariffs
Tokyo asked U.S. President Donald Trump to exclude Japanese companies from his fresh tariffs on steel and aluminum.
AI, Shifting Supply Chains Dominate Discussion at Manifest
Exhibitors and speakers at the annual event presented innovations and shared strategies aimed at helping transportation companies adapt to a changing business environment.
Trump Readies Matching Tariffs on Trade Partners
President Donald Trump plans to sign an order as soon as Feb. 12 that would require that U.S. tariffs on imports match the tax rates charged by other countries.
Inflation Rose 3% in January on Sticky Price Pressures
Inflation accelerated last month as the cost of groceries, gas, and used cars rose, a trend that will likely underscore the Federal Reserve’s resolve to delay any further interest rate cuts.