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Inflation Rose 3% in January on Sticky Price Pressures

Inflation accelerated last month as the cost of groceries, gas, and used cars rose, a trend that will likely underscore the Federal Reserve’s resolve to delay any further interest rate cuts.

February 12, 2025

What's That? Driver Turnover

In the trucking industry, driver turnover, often called “churn” in the industry, refers to the rate at which truck drivers leave their jobs and are replaced by new drivers.

February 11, 2025

DOT Secretary Duffy Outlines Highway Bill Priorities

The nation’s top transportation official during a recent industry conference appeared to offer guidance for federal policymakers to follow when planning federal highway policy updates.

February 11, 2025

Ohio’s EV Charger Expansion Stalls After Federal Freeze

It’s now unclear whether Ohio will build any more of the federally funded charging stations, as President Donald Trump’s team has directed all states to halt new spending of the money.

February 11, 2025

Wisconsin Grants $100 Million for Ag, Forestry Road Repairs

Wisconsin Gov. Tony Evers has awarded $100 million to the state transportation department to spend on 55 projects repairing rural roads to better move agricultural and forestry products.

February 11, 2025

Powell Signals No Rush to Cut Interest Rates Further

“We know that reducing policy restraint too fast or too much could hinder progress on inflation,” Powell said in prepared testimony for the Senate Banking Committee.

February 11, 2025

GM and Ford Lobby to Save EV Tax Incentives

Among the options being floated if the Trump administration moves to strike EV incentives is a three-year wind down to allow more time for the companies to adjust their businesses.

February 11, 2025

Trump Considers Tariff Exemption on Australian Metals

President Donald Trump said he agreed to consider a tariff exemption on Australian steel and aluminum imports after a telephone call on Feb. 11 with Australia’s prime minister.

February 11, 2025

Reefer Demand Drop Fails to Cool Carrier Q4 Earnings Growth

Carrier Global overcame weaker demand for refrigeration units from the North American trucking sector to post higher profit and sales in the fourth quarter of 2024, the company said Feb. 11.

February 11, 2025