General News
Trump Proposes Doubling Deduction for Work Vehicles
As Trump seeks to capitalize on the economy, an issue where voters give him the edge over Harris, he’s sharpened his attacks on the administration’s handling of the matter.
Harris, Trump Pledge Economic Progress
With Election Day fast approaching, the two major candidates for president are both promising voters quality-of-life improvements made possible by divergent economic plans.
Verne’s Cryo-Compressed Hydrogen Tech Nears Pilot Phase
San Francisco-based Verne plans to offer truck makers the option of cryo-compressed hydrogen storage to achieve the same range as a diesel tractor.
IRS, Several States Grant Fuel Tax Relief After Hurricane Helene
The IRS and several states have issued temporary fuel tax waivers stemming from Hurricane Helene to help businesses provide disaster relief services and assist in recovery efforts
DOD Marches on With $17.9 Billion Moving Contract
Despite continuing concerns voiced by some large movers, military officials are advancing efforts toward interstate implementation of the $17.9 billion Global Household Goods contract.
Class 8 Truck Orders Inch Up in September
North American Class 8 truck orders ended three months of year-over-year declines with a slight rise in September, according to ACT Research.
NMFTA Launches Benchmarking Program for LTL Industry
On Oct. 1, the National Motor Freight Traffic Association held its first meeting for a new benchmarking group aimed at boosting efficiency through shared insights.
FMCSA OKs Carrier Exemptions for Pulsating Brake Light Tech
Since May, the Federal Motor Carrier Safety Administration has given the OK for at least seven motor carriers to deploy the Intellistop braking system for up to five years, with restrictions.
WTO Predicts 3% Rise in Merchandise Trade in 2025
Global goods trade in 2025 will grow less then initially forecast, the World Trade Organization said, as rising instability weighs on economic activity and threatens to disrupt shipping.
FHWA Releases $134M for Hurricane Helene Road Repairs
The emergency funding aims to expedite recovery in North Carolina, Tennessee and South Carolina, which are grappling with widespread destruction left by Hurricane Helene.
CEO Says Uber Will Prioritize Autonomous Safety
Uber Technologies Inc. is prioritizing safety over profits as it develops its autonomous driving flee, says CEO Dara Khosrowshahi.
Tesla to Finally Roll Out Robotaxi Tonight
When Elon Musk finally unveils autonomous taxi prototypes late Oct. 10, the Tesla CEO will have a lot to prove.
Truck Parts Maker Accuride Files for Chapter 11 Bankruptcy
Commercial-truck parts maker Accuride Corp. filed for Chapter 11 bankruptcy protection after the company burned through cash amid a freight industry recession in the U.S.
Inflation Reaches Lowest Point Since February 2021
WASHINGTON — Inflation in the United States dropped last month to its lowest point since it first began surging more than three years ago, adding to a spate of encouraging economic news.
Hurricane Milton Pounds Cities as It Plows Across Florida
TAMPA, Fla. — Hurricane Milton barreled into the Atlantic Ocean on Oct. 10 after plowing across Florida, pounding cities with ferocious winds and rain, and whipping up a barrage of tornadoes.
River Horse Logistics Purchases 3PL Lynx Logistics
River Horse Logistics is to buy third-party logistics provider Lynx Logistics for an undisclosed sum, the companies said.
White House Again Asks Congress for Baltimore Aid
In a letter to the leaders of the House and Senate, the president described Baltimore and areas recently hit hard by severe weather events as being in “urgent need of disaster assistance.”
Stellantis Targets Management Changes After Profit Warning
Tavares may present his proposal at a board of directors meeting in the U.S. this week, said the people, who asked not to be identified discussing confidential information.
Volvo Cars Deputy CEO to Leave After EV Plan Walked Back
Volvo Car AB is shaking up its management team, with Chief Commercial Officer and Deputy CEO Bjorn Annwall leaving the company.