General News
Ford’s EV Battery Plant May Add Nissan to Client List
A new Ford-SK factory in Kentucky, known as BlueOvalSK, has emerged as the frontrunner to build the batteries for Nissan, though a final decision hasn’t been made, one of the people said.
ATA Endorses Modern Worker Empowerment Act
American Trucking Associations voiced support for steps to rescind a Biden-era labor rule during a recent hearing on Capitol Hill.
Trump Team Resists Nvidia, Upholds AI Export Curbs to China
“When it comes to inside China … there is still bipartisan and broad concern about what can happen to these GPUs once they’re physically inside” the country, a White House adviser said.
G-7 Ministers Tread Carefully Amid US Trade Tensions
“This is a very consequential moment for the G-7 in the world,” Canadian Finance Minister Francois-Philippe Champagne told reporters May 20.
EU Moves to Revive Fractured Trade Talks With Trump
The EU has shared a revised proposal with the U.S., as it aims to inject momentum in talks with President Donald Trump’s administration amid lingering skepticism that a deal can be reached.
Duffy Orders Non-English Proficient Truckers Off Roads
The transportation secretary mandated non-English proficient truckers be ordered off roads and promised greater scrutiny on non-domiciled and verifications of U.S. and foreign CDLs.
Freight Trains Return to Asheville After Hurricane Helene
Now that freight trains are reaching Asheville, N.C., again, Norfolk Southern says it has turned its attention to restoring its tracks that connect the mountains with the rest of the state.
ATA, Chamber of Commerce Oppose Federal Truck Security Probe
ATA and the U.S. Chamber of Commerce are opposing a proposed federal investigation into whether the importation of medium- and heavy-duty trucks and parts poses a threat to national security.
Toyota Could Make Small Pickup Trucks as US Demand Booms
Toyota is looking into offering a compact pickup in the U.S., potentially joining Ford and Hyundai in competing in the growing market for entry-level trucks.
US Sets the Stage for Duties on Battery Materials From China
The U.S. Commerce Department set the stage for anti-subsidy duties on imports of key battery components from China, after concluding materials had been unfairly subsidized.
China-US Trade Soars in Race to Hit Trade Truce Window
A temporary trade truce between the world’s two largest economies has sparked a knee-jerk bounce across China’s ports and factory floors.
Autonomous Truck Startup Einride Considers US IPO
Einride is shaking up its top management as the Swedish driverless truck startup lays the groundwork for a possible initial public offering.
Musk Expects ‘Hundreds of Thousands’ of Self-Driving Teslas
Elon Musk said that he expects hundreds of thousands of self-driving Teslas will be on the road requiring no human intervention by the end of next year.
Amazon Issues Backdated Refunds in Policy Review
Amazon customers are suddenly getting refunds for products they purchased and returned as far back as 2018, along with apologies from the retailer after it discovered “unresolved” issues.
Uber Raises $1.2 Billion With Aurora-Linked Bond Deal
The rare structure — bonds that turn into equity in another company if the underlying stock exceeds a set price after a period — offered investors a compelling combination of attributes.
Freight Opportunities Seen at Ports of Baltimore, Sacramento
East and West coast economic development officials promoted trucking and multimodal logistics opportunities around the ports of Baltimore and Sacramento.
New York State Thruway Invests $12.3M to Revamp I-90 Bridge
The New York State Thruway Authority is embarking on a $12.3 million project to rehabilitate a bridge built in 1953 over Interstate 90 that handles 25,000 vehicles daily.
Diesel Price Increases 6¢ to Settle at $3.536
The national average diesel price rose 6 cents a gallon to $3.536, its first increase since early April, according to U.S. Energy Information Administration data released May 20.
ATA Truck Tonnage Index Slips 0.3% Sequentially in April
The freight market experienced another monthly dip in tonnage due to choppy market conditions in April, American Trucking Associations reported.
Elon Musk Says He’ll Still be Tesla CEO in 5 Years
Elon Musk said May 20 he’s committed to being CEO of Tesla in five years’ time as the automaker faced consumer and stock price pressure over his work with President Donald Trump’s government.