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FedEx worker unloads truck

FedEx plans to cut hundreds of jobs in Texas after a third-party logistics customer opted to move its business to a new location and a different company.

U.S. President Donald Trump said he urged Chinese President Xi Jinping to increase the speed and size of agricultural purchases and said Beijing had 鈥渕ore or less agreed鈥 to do so.

The tractor was unveiled as the brand鈥檚 new flagship on-highway tractor in April in Brooklyn, N.Y., near where the company was founded 125 years earlier by Jack and Gus Mack.

The grounding of the workhorse freighter plane involved in a deadly crash in Kentucky may drag on for an 鈥渦ndeterminable period,鈥 creating havoc for UPS, FedEx and a Florida-based carrier.

Treasury Secretary Scott Bessent鈥檚 comments come after Trump and Xi spoke on Nov. 24, their first conversation since the two leaders met in Busan, South Korea, in October.

Prime Minister Mark Carney鈥檚 government will lower the tariff-rate quota level for steel imports from countries with which Canada doesn鈥檛 have a trade agreement to 20% from 50%.

Initial claims decreased by 6,000 to 216,000 in the week ended Nov. 22. The median forecast in a Bloomberg survey of economists called for 225,000 applications.

The weak outlook for the maker of iconic green and yellow tractors comes as farmers have been hit hard by low crop prices and President Donald Trump鈥檚 tariff policies.

Tesla co-founder JB Straubel鈥檚 battery recycling firm,聽Redwood Materials, cut dozens of jobs as the startup scales back some of its ambitious projects.

Vermont鈥檚 Department of Motor Vehicles and the PrePass Safety Alliance have activated mobile bypass technology at two inspection sites, enabling faster travel for approved trucks.

The producer price index rose 0.3% from a month earlier after a 0.1% decline in August, according to the BLS. The increase matched the median projection in a Bloomberg survey of economists.

The value of retail purchases, not adjusted for inflation, increased 0.2% after a 0.6% gain in August, Commerce Department data showed, after being delayed due to the government shutdown.

Volvo Electric VNL 440

Proterra debuted its upgraded battery pack, the H2-23, in April, specifically targeting it for the Class 8 truck market and other demanding commercial applications.

Lukoil gas station

Lukoil鈥檚 US Gas Stations Experience Card Payment Disruptions

Lukoil gasoline stations in the U.S. are experiencing major issues with card payments, forcing some franchise owners to consider asking more customers to use cash.

Rockford Brake Manufacturing

Iconic Illinois Foundry Reopens Focused Just on Brake Drums

The foundry achieved a first Nov. 20, pouring its first iron as a stand-alone commercial vehicle brake drum manufacturing plant. Brake drums were soon rolling off the production line.

Daimler Truck North America's Rizon lineup

Daimler Truck鈥檚 Rizon Brand Expands US Dealership Network

Daimler Truck announced Nov. 24 that its Rizon brand has expanded its sales network into Arizona, Washington, New York and New Jersey through new dealership partnerships.

AWS data center in Virginia

Amazon Data Center Count Surges Past 900 Sites

Documents shine a light on Amazon鈥檚 cloud computing operations at a time when investors are keen for insights into whether AWS has sufficient capacity to meet the enormous demands of AI.

Editor's Picks

Container ship in Long Beach

Global freight flows have entered a period of transformation as the U.S.-led trade war and other policy changes have upended the business landscape for international shipping.

Walmart trucks

The largest private carriers in North America have navigated volatile markets and shifting freight patterns this year as tariffs and trade deals shake up international supply chains.

Fuel Prices

Week of Nov 24
Down
diesel
Down
3.7垄
Down
gas
Down
0.1垄

Top 100/ Top 50

  • 2025 Global Freight 50 cover

    Key data on revenue and freight assets for the 50 largest global freight companies.

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    Retail giant Walmart retains the top position on this 2025 list of the largest private carriers in North America, ranked by number of tractors in operation.

  • 2025 Top 100 For-Hire

    Annual rankings provide an indispensable overview of the largest for-hire carriers in North America, along with timely analysis of trends shaping the industry.

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    A unique ranking of the third-party logistics companies in North America includes listings of the largest freight brokerage firms, freight forwarders, warehouse operators and dedicated contract carriage service providers.

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The combined entity would have leapfrogged Sysco at the top of the food service carrier table 鈥 serving restaurants, corporate offices, convenience stores, gas stations and truck stops.

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Gov. Greg Abbott鈥檚 office noted that a majority of the drivers detained were holding commercial driver licenses issued by California. None of the drivers was holding a Texas CDL.

Hyroad truck

2025 was largely a dark year for hydrogen fuel cell electric rigs in the U.S, but a small group of equipment, fuel and truck suppliers are striving for a brighter future.

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