The panel with jurisdiction over freight policy voted 16-12 to report Howard Lutnick’s nomination to the full Senate. Sen. John Fetterman (D-Pa.) joined Republicans in support.
February 5, 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.
Two Tort Reform Bills in Georgia Could Curb Nuclear Verdicts
Georgia Gov. Brian Kemp announced a sweeping overhaul of the state’s legal system in two bills introduced Jan. 30 in the General Assembly, as state trucking officials and others looked on.
February 5, 2025Inflation, Pivot to Healthier Snacks Weigh on PepsiCo in Q4
PepsiCo said Feb. 4 that high prices and changing consumer tastes have weakened U.S. demand for its snacks and drinks but it’s confident it can turn that around in the coming year.
February 5, 2025Duffy Reaffirms DOT’s Safety Focus Amid Air, Rail Concerns
After becoming the nation’s top transportation official, Secretary Sean Duffy pointed to the Department of Transportation’s long-standing primary focus: safety.
February 5, 2025Quebec Says It’s Open to LNG, Oil Projects After Trump Threats
Quebec has long resisted proposals to build new oil and gas pipelines through its territory. U.S. President Donald Trump’s threats against Canada might change that.
February 5, 2025Old Dominion Posts Revenue Decline to $1.4 Billion During Q4
Old Dominion Freight Line experienced a year-over-year decline in revenue during the fourth quarter due to its less-than-truckload operations moving fewer tons, the company said Feb. 5.
February 5, 2025Ford Puts Ford Blue, EV Division Under One Leader
Ford is placing the leadership of its gas and hybrid business along with its all-electric division under a single leader again, though they will continue to operate separately.
February 5, 2025Toyota Announces EV and Battery Push in China and US
TOKYO — Toyota is developing and making electric vehicles and EV batteries in China, the Japanese automaker said Feb. 5, under a new partnership with the Shanghai government.
February 5, 2025Truckers Get Real-Time Parking Info on Arizona’s I-10
Arizona announced the dynamic truck parking messaging availability Jan. 27 at four rest areas: Ehrenberg, Bouse Wash, Texas Canyon and San Simon.
February 5, 2025RXO Sees 70% Q4 Revenue Growth, Boosted by Coyote Deal
But the Charlotte, N.C.-based asset-light transportation provider posted a net loss of $20 million, or negative 12 cents a diluted share, for the three months ending Dec. 31.
February 5, 2025