Industry News

News from the world of Trucking

• JBS Profit Jumps as Chicken Gains Beat Beef Downturn    (2025-05-13)
  JBS SA said quarterly profit rose more than expected, with chicken making up for the bulk of the increase as the world’s largest meat supplier faces deepening losses at its U.S. beef business.
• Daimler Truck Cuts Guidance, Citing North America Uncertainty    (2025-05-13)
  Daimler Truck Holding AG cut its sales and profit guidance for the year, citing increasing economic uncertainty in North America.
• Musket Transport selects Hamilton/Halton Region A/Z grant for women winner    (2025-05-13)
  Musket Transport has awarded the 2025 Hamilton/Halton Region Resident A/Z Grant for Women to Alexis C. She begins her six-week training in June at the carrier’s Commercial Heavy Equipment Training […]
• GOP Bill Would End Duty-Free Imports of Cheap Foreign Goods    (2025-05-13)
  House Republicans have proposed using their giant tax and spending bill to end duty-free imports of cheap foreign goods, a perk companies have used to grow their U.S. business for the past decade.
• Trump’s FRA nominee vows to uphold 2-person train crews    (2025-05-13)
  David Fink, President Trump’s nominee to oversee rail safety in the U.S., was questioned Tuesday about his own safety record as former head of a railroad. The post Trump’s FRA nominee vows to uphold 2-person train crews appeared first on FreightWaves.
• Mass layoffs from freight-related jobs continue across US, Germany    (2025-05-13)
  Another round of layoffs, closures and furloughs has hit workers and companies tied to the freight industry in the U.S. and Germany. The post Mass layoffs from freight-related jobs continue across US, Germany appeared first on FreightWaves.
• Feds Question Musk, Tesla on Safety of Driverless Taxis    (2025-05-13)
  Federal safety regulators have asked Elon Musk and Tesla to explain how its driverless taxis will avoid causing accidents when they hit the road in Texas next month before a national rollout.
• Pause and effect: Container rates await new demand    (2025-05-13)
  After China and the United States paused tariffs, ocean shippers and carriers watch and wait to see how demand develops. The post Pause and effect: Container rates await new demand appeared first on FreightWaves.
• Landstar Posts Q1 Revenue of $1.15B After Fraud-Related Delay    (2025-05-13)
  Landstar System reported its first-quarter earnings following a two-week delay caused by a supply chain fraud incident, the company said May 13.
• CVSA to Urge FMCSA to Limit Truck Driver Conveyance Time    (2025-05-13)
  Inspectors have quietly gathered data on truck driver personal conveyance time and are making plans to soon ask regulators to limit the use of conveyance time to two hours.
• Check Call: TIA’s annual fraud report spotlights surge in incidents    (2025-05-13)
  In this edition: Breaking down the TIA fraud report, and tariffs between the U.S. and China take a break. The post Check Call: TIA’s annual fraud report spotlights surge in incidents appeared first on FreightWaves.
• Hess Blames Tariffs for Delaying Toy Truck Release    (2025-05-13)
  Hess, the U.S. oil producer widely known for its signature green-and-white toy trucks, said the release of a collection of new miniature vehicles was delayed because of trade tariffs.
• Owner-ops optimistic about freight markets despite uncertainties: Survey    (2025-05-13)
  A recent Bloomberg | Truckstop survey showed optimism among owner-ops and small fleets for improvements in the spot market and...
• Fifth straight drop in benchmark diesel comes as futures prices rise sharply    (2025-05-13)
  The benchmark diesel price used for most fuel surcharges fell for the fifth straight week. The post Fifth straight drop in benchmark diesel comes as futures prices rise sharply appeared first on FreightWaves.
• Werner showcases expertise in final mile services    (2025-05-13)
  Today’s supply chain is evolving by the hour. For shippers seeking a clear path forward, stability matters more than ever. Sizeable carrier partners working at scale can help shippers get their products into the hands of consumers and create a positive customer experience, regardless of market conditions. On a recent episode of The Stockout, Meg […] The post Werner showcases expertise in final mile services appeared first on FreightWaves.
• For sale by owner-operator: Notes on the big unload at retirement    (2025-05-13)
  Unloading our trucks at the point of retirement isn’t an absolute necessity, especially for the custom-restorers in the audience...
• Pamt Corp. CEO resigns for family reasons amid mounting losses    (2025-05-13)
  Truckload carrier Pamt Corp. has announced the resignation of its CEO. The post Pamt Corp. CEO resigns for family reasons amid mounting losses appeared first on FreightWaves.
• Companies Ramp Up Production to Hit 90-Day Tariff Window    (2025-05-13)
  It may only be a 90-day reprieve from the steepest of President Donald Trump’s China tariffs, but it’s enough time to entice companies to restart factory operations and start shipping.
• Diesel Drops 2.1¢ to $3.476 in Fifth Straight Decline    (2025-05-13)
  The national average diesel price dipped 2.1 cents a gallon to $3.476, the fifth straight decline, according to U.S. Energy Information Administration data released May 13.
• Insurance costs, fraud and cargo theft hit Landstar’s Q1    (2025-05-13)
  Freight broker Landstar System reported a messy first quarter, dragged down by insurance costs, fraud and stolen cargo. The post Insurance costs, fraud and cargo theft hit Landstar’s Q1 appeared first on FreightWaves.
• Amazon taps FedEx for big-and-bulky residential deliveries    (2025-05-13)
  Amazon will outsource delivery of large packages to FedEx in a deal that should prove more profitable on a per-shipment level than shipments under the companies’ partnership that ended six years ago. The post Amazon taps FedEx for big-and-bulky residential deliveries appeared first on FreightWaves.
• April Class 8 Truck Sales Slip 8.7% as Market Slump Persists    (2025-05-13)
  U.S. Class 8 retail sales closed in on nearly two years of year-over-year declines in April, according to data from Wards Intelligence.
• Saudi Aramco to Spend $3.4B on Motiva Refinery in Texas    (2025-05-13)
  Saudi Aramco plans to spend $3.4 billion on its Motiva refinery in Texas, the largest fuelmaking plant in the U.S.
• Inflation Slows, but Economists Say Tariff Impacts to Come    (2025-05-13)
  Inflation cooled for the third straight month in April even after some U.S. tariffs took effect, though economists and many business owners expect inflation will climb in the coming months.
• Freight Rates Set to Rise on Pacific Shipping Frenzy    (2025-05-13)
  A China-U.S. deal to slash trade tariffs is set to push freight rates higher, as companies rush to use a 90-day grace period to ferry goods across the Pacific Ocean.
• GOP Wants to Phase Out Biden EV Credits to Pay for Tax Cuts    (2025-05-13)
  House Republicans are proposing to eliminate a tax credit for electric vehicles and phase out incentives for the production of clean energy to help pay for President Donald Trump’s massive tax package.
• Amazon involved in legal action over deaths in 2 states, possible scam in 1    (2025-05-13)
  Amazon in just the past few days lost a driver-related case in Indiana, was a possible scam victim in Connecticut and had a driver involved in a fatal accident in Tennessee. The post Amazon involved in legal action over deaths in 2 states, possible scam in 1 appeared first on FreightWaves.
• Roadcheck Day One: Weird things afoot in Whately, Mass.    (2025-05-13)
  There are some beautiful things to see on the road, some real “stop and smell the flowers” moments you don’t get at home or online...
• Nikola's collapse brings headaches, financial problems for fleets    (2025-05-13)
  Some early adopters of the Nikola Tre FCEV Class 8 semi are now dealing with growing financial issues following the company's...
• Ocean lines welcome tariff pause, but is the supply chain ready?    (2025-05-12)
  Container lines welcomed a pause in the tariff war that has crippled trade between the United States and China. The post Ocean lines welcome tariff pause, but is the supply chain ready? appeared first on FreightWaves.
• Radiant Logistics beats expectations to start year    (2025-05-12)
  Radiant Logistics reported better-than-expected results for its fiscal third quarter ended March 31. The post Radiant Logistics beats expectations to start year appeared first on FreightWaves.
• How to Pass a DOT Audit in 2025 Without Losing Sleep    (2025-05-12)
  Facing a DOT audit in 2025 doesn't have to be a nightmare. Learn how fleets can stay ready year-round, avoid common audit pitfalls and keep their trucks rolling smoothly without regulatory worries. The post How to Pass a DOT Audit in 2025 Without Losing Sleep appeared first on FreightWaves.
• Eight ELDs Pulled from FMCSA Registry and What Fleets Need to Know    (2025-05-12)
  On Monday, the FMCSA revoked eight electronic logging devices tied to Gorilla Fleet Safety LLC, citing failure to meet federal technical standards. Fleets now face a 60-day deadline to replace noncompliant systems or risk violations. The post Eight ELDs Pulled from FMCSA Registry and What Fleets Need to Know appeared first on FreightWaves.
• US Businesses Relieved Over Tariff Pause but Still Anxious    (2025-05-12)
  American businesses that rely on Chinese goods reacted with muted relief May 12 after the U.S. and China agreed to pause their exorbitant tariffs on each other’s products for 90 days.
• Driverless-truck lobby urges federal action toward full autonomy    (2025-05-12)
  An industry group tells DOT that the future is now when it comes to deploying autonomous trucks. The post Driverless-truck lobby urges federal action toward full autonomy appeared first on FreightWaves.
• Logistics firm buys $2M in Trump meme coins to boost US-Mexico trade    (2025-05-12)
  Freight Technologies Inc. has purchased $2 million worth of President Donald Trump’s official cryptocurrency to advocate for US-Mexico trade. The post Logistics firm buys $2M in Trump meme coins to boost US-Mexico trade appeared first on FreightWaves.
• Fuel-Saving Strategies Worth Trying in 2025 – Part 2    (2025-05-12)
  Fuel is your largest expense and your biggest opportunity. From transmission choices and smart fueling to preventing fuel fraud, this guide provides practical, proven strategies for owner-operators and small fleets aiming to trim costs, boost efficiency and keep profits rolling in 2025. The post Fuel-Saving Strategies Worth Trying in 2025 – Part 2 appeared first on FreightWaves.
• Service Ontario’s IRP delays hurting trucking companies    (2025-05-12)
  Bob Cousins is a worried man. He’s got a brand-new truck sitting in his yard outside Ottawa for the past couple of weeks, awaiting plates to begin working. He’s making […]
• French Shipping Giant CMA CGM Hails US-China Deal    (2025-05-12)
  Rodolphe Saade, CEO of CMA CGM SA, hailed a truce in the trade war between Washington and Beijing.
• Motive says court has no basis to grant Omnitracs’ request for retrial    (2025-05-12)
  Motive is fighting a post-trial motion by Omnitracs that claims Motive used prejudiced religious and racial insinuations to convince a federal jury it did not commit copyright infringement. The post Motive says court has no basis to grant Omnitracs’ request for retrial appeared first on FreightWaves.
• US Tariff Revenue Jumps in April Before China De-Escalation    (2025-05-12)
  The U.S. collected a record amount of revenue from tariffs in April, helping to limit a further widening of the budget deficit.
• FMCSA Rule Updates for 2025 and What Fleets Need to Know    (2025-05-12)
  With MC numbers disappearing, tougher English proficiency rules hitting drivers, broker transparency tightening and several regulations disappearing, fleets face challenges and opportunities. Here’s your essential guide to navigating trucking’s changing road ahead. The post FMCSA Rule Updates for 2025 and What Fleets Need to Know appeared first on FreightWaves.
• GM Hires Aurora Co-Founder Sterling Anderson    (2025-05-12)
  GM has hired Sterling Anderson, the former director of Tesla’s Autopilot program and a co-founder of autonomous startup Aurora, as chief product officer overseeing all vehicle development.
• Is US-China trade deal bullish for freight; FreightGuard: Fair or foul | WHAT THE TRUCK?!?    (2025-05-12)
  On Episode 837 of WHAT THE TRUCK?!?, Dooner is coming back from Mother’s Day with news on a U.S.-China trade deal. With the U.S. dropping tariffs from 145% to 30%, will it save the summer freight market? We’ll find out why freight leaders are bullish. Vincent Carrano at Fenichey LLC shares why he recently FreightGuarded […] The post Is US-China trade deal bullish for freight; FreightGuard: Fair or foul | WHAT THE TRUCK?!? appeared first on FreightWaves.
• Crossword Puzzle Solution for May 12, 2025    (2025-05-12)
  Here's the solution to the crossword puzzle found in the May 12, 2025 print edition.
• Aramco Profit Down $4.6% to $26 Billion    (2025-05-12)
  Saudi Arabia’s state-owned oil giant Aramco posted Q1 profit of $26 billion on May 11, down 4.6% from the prior year as falling global oil prices undermine the kingdom’s development plans.
• Accounting change, higher labor costs drive $3.3B Postal Service loss    (2025-05-12)
  The U.S. Postal Service continues to face challenges erasing its losses. The post Accounting change, higher labor costs drive $3.3B Postal Service loss appeared first on FreightWaves.
• Last-Mile Carriers Push Tech Providers Toward Innovation    (2025-05-12)
  Last-mile delivery companies, which have always aimed for access to real-time visibility and advanced route optimization, face pressure to better use vehicles and make fast deliveries.
• Preparing for Roadcheck 2025: What carriers and drivers need to know    (2025-05-12)
  The Commercial Vehicle Safety Alliance’s International Roadcheck is here once again, and carriers across North America need to prepare for this annual three-day inspection blitz. With thousands of roadside inspections scheduled for May 13-15, motor carriers and drivers should understand what to expect in order to avoid costly violations and out-of-service orders. What is Roadcheck? […] The post Preparing for Roadcheck 2025: What carriers and drivers need to know appeared first on FreightWaves.
• US Postal Service belongs under executive branch    (2025-05-12)
  President Trump’s instinct to place the U.S. Postal Service under the direct control of the White House is correct and would allow the agency to be reformed without interference from oversight bodies that have outlived their usefulness, says commentator Satish Jindel. The post US Postal Service belongs under executive branch appeared first on FreightWaves.
• Senate GOP Seeks to Revoke California Emissions Powers    (2025-05-12)
  Senate Republicans are developing a strategy to formally push back on certain Biden-era emissions waivers granted to the state of California.
• NYC Expands Weigh-in-Motion Program for Trucks    (2025-05-12)
  The New York City Department of Transportation will expand a program to fine overweight trucks on major infrastructure.
• ECONOMIC TRUCKING TRENDS: Shippers optimistic about Q3 volumes, spot market to get Roadcheck rate bump    (2025-05-12)
  This week, we can anticipate a bump in spot market rates due to International Roadcheck, as those fearing the stepped-up enforcement activities typically park their trucks. Surveys suggest shippers are […]
• Less China means more business for Port of Virginia    (2025-05-12)
  The Port of Virginia wants container shippers to know that it’s not beholden to China. The post Less China means more business for Port of Virginia appeared first on FreightWaves.
• Bain to Buy Nissin Shares to Go Private in $756 Million Deal    (2025-05-12)
  Japanese logistics company Nissin said Bain Capital will buy its shares from shareholders for it to go private through a management buyout, in a deal worth about $756 million.
• US, China Pause Tariffs for 90 Days    (2025-05-12)
  U.S. and Chinese officials said May 12 they had reached a deal to roll back most of their recent tariffs and call a 90-day truce in their trade war to allow for more talks.
• Transportation rates likely to surge during tariff pause    (2025-05-12)
  The 90-day tariff pause is likely to provide a bump to transportation rates as shippers take advantage of the new window. The post Transportation rates likely to surge during tariff pause appeared first on FreightWaves.
• Union Pacific President Whited stepping down    (2025-05-12)
  Union Pacific President Beth Whited will step down to an adviser role after 37 years at the railroad. The post Union Pacific President Whited stepping down appeared first on FreightWaves.
• US and China reach comprehensive economic and trade agreement lowering tariffs    (2025-05-12)
  The US and China have reached a landmark trade agreement, pausing reciprocal tariffs for 90 days and lowering duty rates to normal levels. The post US and China reach comprehensive economic and trade agreement lowering tariffs appeared first on FreightWaves.
• Is English proficiency enforcement the right focus for safer roads?    (2025-05-12)
  Critics of the reinstatement of English language proficiency out-of-service violations argue that the directive is more political than practical and risks diverting attention from more pressing safety issues on U.S. highways. The post Is English proficiency enforcement the right focus for safer roads? appeared first on FreightWaves.
• 8 Gorilla Fleet Safety ELDs revoked: FMCSA    (2025-05-12)
  Eight ELDs from Gorilla Fleet Safety have been placed on FMCSA's Revoked Devices list, and motor carriers are encouraged to discontinue...
• Fleet owner indicted in $3M fraud scheme against Amazon | HOS relief in Iowa    (2025-05-12)
  The Connecticut-based owner allegedly registered 23 trucking companies with Amazon Logistics, many of which were fraudulent, and...
• How replaceable is China?    (2025-05-11)
  Shipping is ramping in parts of southern Asia as companies scramble to keep a buffer on inventories. How sustainable and effective is this strategy, and will it substantially mitigate the influence of prohibitive tariffs on China? The post How replaceable is China? appeared first on FreightWaves.
• White House says China trade deal reached after ‘productive’ talks    (2025-05-11)
  The Trump administration said on Sunday it has reached a trade deal with China after two days of negotiations in Geneva. The post White House says China trade deal reached after ‘productive’ talks appeared first on FreightWaves.
• Addressing the CDL issue takes cooperative regulation and multigroup efforts    (2025-05-11)
  State and federal officials are looking at ways to close loopholes and tighten regulations that govern how non-U.S. truck drivers gain the right to operate within the U.S. The post Addressing the CDL issue takes cooperative regulation and multigroup efforts appeared first on FreightWaves.