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Updated: 21 min 37 sec ago

BP Wins Big in Trump’s First Gulf of Mexico Oil Lease Sale

Wed, 12/10/2025 - 15:33
A unit of BP was the high bidder in a U.S. auction for oil and gas drilling rights in the Gulf of Mexico, the first sale held during President Donald Trump’s second term.

Clock Ticks on Trump Transportation Nominees

Wed, 12/10/2025 - 15:01
The Commerce Committee recently approved nominees for leadership roles in the secretary’s office and key safety agencies, setting up confirmation votes as early as this month.

Woman Has Baby in Waymo Self-Driving Taxi in San Francisco

Wed, 12/10/2025 - 14:35
A mother was in a Waymo self-driving taxi on her way to the University of California, San Francisco, medical center when she delivered her baby inside the robotaxi, Google parent Alphabet said.

Government Says Fed Workforce Down 317,000 Workers in 2025

Wed, 12/10/2025 - 14:00
The number of federal employees who left their jobs in 2025 will total about 317,000 after efforts by Elon Musk and the Trump administration to reshape the government workforce.

Federal Reserve Cuts Key Interest Rate Again

Wed, 12/10/2025 - 13:22
The Federal Reserve reduced its key interest rate for the third time in a row Dec. 10 but signaled that it may leave rates unchanged in the coming months.

Michelle Randazzo to be Next Daimler Truck North America CFO

Wed, 12/10/2025 - 12:37
She will succeed retiring current CFO Stefan Kurschner, who will remain with DTNA through January, DTNA said.

Industry Reacts to English-Language Enforcement Crackdown

Wed, 12/10/2025 - 11:14
The language crackdown is part of a broader Trump administration campaign that’s upending the trucking industry, a critical pillar of the U.S. economy.

Switzerland’s Improved US Tariff Deal to Apply Retroactively

Wed, 12/10/2025 - 10:50
The reduction will cut the levy to 15% from a previous level of 39%, a punitive rate that was the highest slapped on any developed country.

Kenworth, Peterbilt Add to Battery-Electric Lineups

Wed, 12/10/2025 - 09:49
Kenworth and Peterbilt continue to build out their battery-electric tractor and truck portfolios, launching three new models each Dec. 9.

Canada's Ambassador Hillman to Resign Before USMCA Review

Wed, 12/10/2025 - 09:31
Ambassador Kirsten Hillman said in a letter it is the right time to put in place someone who will oversee talks about the United States-Mexico-Canada Agreement that is up review in 2026.

Uber Pulls Back From EVs, Slashing Incentives for Drivers

Wed, 12/10/2025 - 08:48
A handful of states and cities have enacted rules requiring ride-hailing companies to rapidly electrify their fleets. Uber is pushing back, urging California regulators to delay enforcement.

States Push Unified Plan to Curb Trucking Fraud, Abuses

Wed, 12/10/2025 - 06:30
A group of state trucking associations has released an action plan identifying seven areas bad actors exploit in the industry with solutions to eliminate fraud and illegal operators.

US Navy Looks to Palantir in Push to Ramp Up Shipbuilding

Wed, 12/10/2025 - 06:00
The U.S. Navy is turning to Palantir as part of its effort to speed up submarine production, in a bet that the company’s analytics capabilities can better expose supply chain problems.

Senators Introduce Bill to Curb Rising Cargo Theft

Tue, 12/09/2025 - 16:39
The bipartisan Cargo Security Innovation Act would enhance agencies’ access to state-of-the-art technology for protecting against cargo theft. 

USDA Lowers Cattle Price Forecast After Tyson Plant Closes

Tue, 12/09/2025 - 16:15
Cattle prices won’t rise as much as previously expected in 2026, as the closure of a Tyson Foods plant is seen loosening competition for scarce U.S. supplies.

Enterprise Buys Hogan to Enter Heavy-Duty Truck Sector

Tue, 12/09/2025 - 16:02
Best known for its Enterprise Rent-A-Car, National Car Rental and Alamo passenger car rental and leasing brands, Enterprise already offered light- and medium-duty truck rental.

First Brands Rushes to Stymie Panic as Loan Plunges to 63¢

Tue, 12/09/2025 - 16:00
Major First Brands investors have offloaded stakes in the bankrupt auto supplier’s debt, causing the value of its most senior loan to collapse and prompting it to pull forward a lender call.

CVS Raises Profit Outlook in Sign of Momentum for 2026

Tue, 12/09/2025 - 14:15
CVS raised its full-year profit forecast and said earnings would rise in 2026, a sign of hope as it navigates a turbulent retail environment and government scrutiny.

Mexico to Raise China Tariffs, Hopes for US Relief on Steel

Tue, 12/09/2025 - 14:00
Mexico’s Congress is set to vote this week on President Claudia Sheinbaum’s proposed tariffs on China, part of a broader plan to shield local producers and ease trade tensions with the U.S.

California Advances New Autonomous Vehicle Regulations

Tue, 12/09/2025 - 13:00
California regulators opened a 15-day public comment period Dec. 3 as they advanced revised rules that would broaden how autonomous vehicles operate on state roads.

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