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Electric trucks now outsell LNG models in China, so its demand for fossil fuels could fall, and "in other countries, it might never take off,” according to an analyst.
Hedge fund MFN and its affiliate objected to confirmation of the plan because they believe the unsecured creditors will have too much influence on where the funds are dispersed.
The goods and services trade gap narrowed almost 24% from the prior month to $59.6 billion, the Commerce Department said. The report was delayed from Oct. 7 by the federal government shutdown.
The Nov. 8-11 dragnet, called Operation Bear Cave, focused on intercepting immigrants holding state-issued CDLs but who lacked permanent legal status driving commercial vehicles.
Caterpillar was always an unlikely winner in the AI craze. It makes the bulk of its money selling the equipment like yellow earth movers that has made it a stalwart of American industry.
The September incident, which saw federal agents detain 475 workers at a Hyundai-LG Energy facility, hasn’t dented Hyundai’s commitment to investing in the U.S.
FMCSA Wants More Details From California on CDL Compliance
Agency's letter to the state Department of Motor Vehicles outlined a series of actions California must take to rectify what FMCSA has determined are problematic processes and systems.
Say Goodbye to the Ford Focus
The last unit, a white five-door hatchback, rolled off the line at the Saarlouis plant in Germany this month, marking the end of a car that sold more than 12 million units worldwide, Ford said.
Tesla Approved for Autonomous Rideshare Service in Arizona
Tesla was allowed to begin offering autonomous rideshare service in Arizona, clearing the way for its nascent robotaxi business to expand to a new state.
NTSB Finds 2 Blackouts Disabled Ship That Hit Key Bridge
Investigator Todd Gianelloni said the NTSB believes that if the crew had used infrared thermal imaging to inspect the connections, the loose critical wire might have been discovered ahead of time.
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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.
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.
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Key data on revenue and freight assets for the 50 largest global freight companies.
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.
Annual rankings provide an indispensable overview of the largest for-hire carriers in North America, along with timely analysis of trends shaping the industry.
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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Kroger said it will close facilities in Pleasant Prairie, Wis.; Frederick, Md.; and Groveland, Fla., in January, and will monitor the performance of its five remaining facilities.
“It will definitely be positive for the cost of logistics,” said Mohammed Akoojee. “Up until now, the trade war has increased the cost of logistics in terms of freight rates and duties.”
The U.S. Department of Agriculture on Nov. 18 announced the sale of 792,000 tons of soybeans to China for the 2025-2026 marketing year, the biggest daily purchase in two years.
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