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Tariff Concerns Propel Chinese Exports to Record Heights

China's export growth will accelerate to 7% in the final three months from the same period last year, according to the median forecast of analysts surveyed by Bloomberg Nov. 15-21.

November 25, 2024

UPS Settles With SEC Over Freight Business Valuation

UPS has reached a $45 million settlement with the Securities and Exchange Commission over claims made by the agency that the carrier improperly valued its freight business in financial results reporting.

November 22, 2024

With I-40 Closed, Truckers Find Mountain Roads Tricky

The closure of Interstate 40 through the Pigeon River Gorge after Hurricane Helene has created challenges for some tractor-trailer drivers going between North Carolina and Tennessee.

November 22, 2024

Automakers Urge Trump to Ease Fuel Efficiency Rules

An auto trade group asked U.S. President-elect Donald Trump to ease requirements on making vehicles more fuel efficient and to protect the industry from unfair practices by China.

November 21, 2024

Phillips 66 Indicted for Alleged Toxic Sewer Discharges

The Texas-based company is accused of discharging hundreds of thousands of gallons of industrial wastewater containing excessive amounts of oil and grease.

November 21, 2024

White House Seeks $8 Billion in Transportation Aid

WASHINGTON President Joe Biden and senior administration officials called on Congress to approve emergency aid before the end of the year to rebuild transportation corridors.

November 21, 2024

EU Prepares Two-Track Plan for Trump Trade Ties

The EU is exploring potential areas for deeper cooperation with the U.S., such as increased liquefied natural gas imports and closer alignment on addressing Chinas trade practices.

November 21, 2024

Stakeholders Praise Trump USDOT Leader Nominee Sean Duffy

Transportation stakeholders are lining up to support President-elect Donald Trumps selection to lead the U.S. Department of Transportation.

November 21, 2024

MARAD Awards $580M Grants to Ports for Supply Chain Projects

USDOT's Maritime Administration announced $580 million in port grants for 31 projects across 15 states that incorporate multimodal improvements for the transportation of goods.

November 21, 2024