The Maryland Transportation Authority did not conduct a risk assessment that, if acted upon, could have allowed the state to protect the Francis Scott Key Bridge from collapsing, NTSB says.
March 21, 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.
Exxon, Trafigura Protest Colonial Pipeline Changes
Commodities trading giant Trafigura joined oil majors Exxon Mobil and Chevron in protesting operational changes to Colonial Pipeline’s 5,500-mile fuel network.
March 21, 2025FedEx Reports Net Income, Revenue Increase for Q3
FedEx Corp. continued efforts to improve profitability during its fiscal third quarter despite navigating an especially challenging operating environment, the company said.
March 21, 2025China Cuts Back on Small Packages Shipped to US
Chinese companies cut back on the small packages they shipped to the U.S. last month, as President Donald Trump looks to close off the trade and impose tariffs on all imports from China.
March 21, 2025Foxconn Gets First Major EV-Making Client in Mitsubishi
Hon Hai Precision Industry, known as Foxconn, has secured an agreement to make Mitsubishi EVs, scoring the first major customer for its fledgling EV contract manufacturing business.
March 21, 2025BP to Sell Gas Pipeline Stake to Apollo Funds for $1 Billion
BP said Apollo-managed funds will purchase a 25% noncontrolling stake in BP Pipelines for about $1 billion, marking the British energy giant’s first divestment under its turnaround plan.
March 21, 2025Trump Team Gives New York 30 Days to End Congestion Tolls
President Donald Trump and Department of Transportation Secretary Sean Duffy are putting the state and Gov. Kathy Hochul “on notice” after New York rebuffed the prior deadline.
March 20, 2025FedEx Lowers Guidance, Citing ‘Very Challenging’ Market
FedEx is the latest U.S. company to sound the alarm over weakening consumer confidence and potential fallout from President Donald Trump’s escalating trade war.
March 20, 2025Trump Pressures Fed to Cut Rates as Tariff Concerns Grow
The public pushback on interest rates comes as the Trump White House tries to make its case for stiffer tariffs amid a mixed economic picture in the U.S.
March 20, 2025Tariff Variables Muddy Sales Outlook for Truck Makers
Executives at two of North America’s largest truck makers say questions over the impact of potential tariffs is muddying an already opaque outlook for U.S. Class 8 truck sales.
March 20, 2025