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CARB, Four Automakers Reach Deal That Circumvents White House, Sources Say

Four major automakers have reached a secret deal with California to increase gas mileage and greenhouse gas emissions standards, bypassing the Trump administration’s plan to freeze standards at 2021 levels, according to two people briefed on the matter.

July 25, 2019

Landstar Reports Record Earnings Per Share in 2Q

Landstar System Inc. reported record second-quarter earnings per share of $1.53 on second-quarter net income of $61.1 million, which compares with $1.51 per share on net income of $62.5 million during the same period a year ago.

July 24, 2019

Senate Confirms Former Delta Executive Stephen Dickson as FAA Administrator

A former Air Force pilot and Delta Air Lines executive was confirmed July 24 by the Senate to lead the Federal Aviation Administration after overcoming opposition from Democrats who claim that he mistreated a whistleblower during his tenure at Delta.

July 24, 2019

New Jersey DOT Awards More Than $30 Million to Improve Freight Routes

The New Jersey Department of Transportation announced $30.1 million in grant funding dedicated to improving local roads that serve as freight conduits.

July 24, 2019

FMCSA Proposes Adding Location Flexibility to CDL Testing Process

The Federal Motor Carrier Safety Administration announced a proposed rule July 24 meant to ease the process for people pursuing a commercial driver license.

July 24, 2019

Amazon Has ‘Destroyed’ US Retail Industry, Says Treasury Secretary Steven Mnuchin

U.S. Treasury Secretary Steven Mnuchin alleged that Amazon has “limited competition” and harmed the retail industry as the Trump administration announced a broad antitrust review into whether technology companies are using their power to thwart rivals.

July 24, 2019

ATA: Trucking Industry Was Short More Than 60,000 Drivers in Meeting Demand at End of 2018

The U.S. trucker shortage swelled by more than 10,000 to 60,800 in 2018 from a year earlier and is expected to more than double to 160,000 over the next decade, according to new numbers released by American Trucking Associations.

July 24, 2019

China Approves Tariff-Free US Soybean Purchases

The Chinese government has given the go-ahead for five companies to buy up to 3 million tons of U.S. soybeans free of retaliatory import tariffs as trade negotiations between the two nations continue, according to people familiar with the situation.

July 24, 2019

Small Trucking Firms See Tighter Lending Standards

With a freight recession underway, industry experts said creditors are applying tighter standards to many trucking firms, or any firm with a troubled history.

July 24, 2019

Glider Truck Maker Fitzgerald Wages Court Battle Over IRS’ $64 Million Excise Tax Bill

A federal judge has ruled that Fitzgerald Truck Parts and Sales can proceed with its lawsuit disputing an IRS claim that the glider truck maker owes more than $64 million in back tractor-trailer federal excise taxes, penalties and interest.

July 24, 2019