Creditors of defunct trucking firm Yellow Corp. will submit their own plan in coming days on how to split up the company’s remaining $550 million of cash and end its bankruptcy case.
March 17, 2025Search
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Three experts from Transport Enterprise Leasing discuss strategies for buying and selling trucks amid regulatory shifts, trade tensions and economic uncertainty.
Diesel Price Down 3.3¢ in Third Straight Decline
The national average price for a gallon of diesel slipped 3.3 cents to $3.549 in a third straight decline, according to U.S. Energy Information Administration data released March 17.
March 17, 2025China Partially Renews US Meat Export Permits
China’s government has renewed export registrations for some U.S. meat plants whose eligibility was set to lapse, raising hopes that shipments won’t be disrupted.
March 17, 2025Volkswagen’s Audi Will Cut 7,500 Jobs in Germany by 2029
The reductions, which correspond to 14% of the brand’s German workforce, won’t affect factory workers. “Audi must become faster, more agile and more efficient,” said CEO Gernot Döllner.
March 17, 2025Trump’s Trade Team Debates Strategy for New Tariff Rollout
President Donald Trump’s top trade negotiator is attempting to inject order into new tariffs expected next month, after previous announcements roiled markets and fueled uncertainty.
March 17, 2025Chevron Buys $2.3B Hess Stake, Stays Confident on Merger
Chevron bought nearly 5% of Hess as a show of confidence that it will win the arbitration battle with Exxon Mobil that has delayed the Hess takeover for more than a year.
March 17, 2025PepsiCo Buys Prebiotic Soda Brand Poppi
PepsiCo said March 17 that it’s acquiring the prebiotic soda brand Poppi for $1.95 billion.
March 17, 2025Low-Rolling-Resistance Tires Gain Traction in Trucking
Significant technological advances in recent years have helped to increase demand for LRR tires. “They’re just making the tires better and better all around,” one trucking executive said.
March 17, 2025Trump Says Both Reciprocal, Sectoral Tariffs Coming April 2
President Donald Trump said he would be imposing both broad reciprocal tariffs and additional sector-specific tariffs on April 2.
March 17, 2025Trump’s Trade Wars Tip World to Slower Growth, OECD Warns
The Organization for Economic Cooperation and Development predicted the pace of global expansion to slow to 3.1% this year, with annual expansion in the U.S. wilting to 1.6% next year.
March 17, 2025