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November Medium-Duty Sales Slip 2.3% From 2023

U.S. retail sales of medium-duty trucks declined sequentially and on a year-over-year basis in November, according to data from Wards Intelligence.

December 17, 2024

Trump to Take Reins as Biden Rushes Infrastructure Projects

WASHINGTON — While Republicans capped 2024 with a presidential victory, the Biden administration has been rushing to advance as many infrastructure and microchip projects as it can.

December 17, 2024

DAT Buys Trucker Tools to Boost Digital Freight Features

The deal, which closed Dec. 17, brings Trucker Tools’ platform suite for freight visibility, digital load booking and carrier engagement under the umbrella of DAT’s operations.

December 17, 2024

Trump Plans Immediate Energy Push After Inauguration

U.S. President-elect Donald Trump is poised to order changes meant to encourage domestic oil and gas development immediately after his Jan. 20 inauguration.

December 17, 2024

Economists Raise 2025 Inflation Forecasts on Tariff Worries

While economists expect the Fed to lower rates on Dec. 18 for a third straight meeting, they are now penciling in just three more quarter-point cuts in 2025.

December 17, 2024

Delaware Opening Up CDL Testing to Third Parties

The Delaware DMV is inviting private companies to apply to become providers of third-party commercial driver license skill tests before the state launches this new capability next spring.

December 17, 2024

Yellow, Pension Funds' Claims Battle to Extend Through Q1

Oral arguments on dispositive motions related to the claims by 11 pension funds are now set to take place at a Jan. 28 hearing at the Delaware Bankruptcy Court.

December 17, 2024

Black Friday, Auto Discounts Boost US Retail Sales 0.7%

The value of retail purchases, not adjusted for inflation, increased 0.7% after upward revisions to the prior two months, Commerce Department data showed Dec. 17.

December 17, 2024

Lion Electric Wins Court Protection From Creditors

After winning breathing room with its bankers to look for additional funding earlier in December, Lion said it failed to raise any cash and was now in default on debt repayments.

December 17, 2024