[Stay on top of transportation news: Get TTNews in your inbox.] New York is offering $300 million for port improvements in a signal of support for an offshore wind industry that’s been battered by the ...
FedEx reported higher revenue and earnings for its fiscal second quarter ended Nov. 30, posting net income of $956 million on revenue of $23.5 billion, up 6.8% year over year. Results were near Wall ...
[Stay on top of transportation news: Get TTNews in your inbox.] Billionaire Kelcy Warren’s Energy Transfer LP suspended development of a Louisiana liquefied natural gas export project to concentrate ...
President Donald Trump signed a Dec. 18 executive order directing agencies to move cannabis from Schedule I to Schedule III, restarting a stalled federal rulemaking process. The shift could boost ...
Analysts at PwC say trucking and transportation M&A will ramp up in 2026 as rate cuts revive deferred deals. Lower borrowing costs after multiple Fed cuts and steadier trade policy boost confidence ...
Ford Motor Co. canceled a 9.6 trillion won ($6.5 billion) battery agreement with LG Energy Solution Ltd. after the U.S. automaker rolled back its electric vehicle ambitions. Ford notified LG of the ...
U.S. nonfarm payrolls rose 64,000 in November after a 105,000 decline in October, while unemployment climbed to 4.6%, the highest in four years, BLS data showed. Job growth remained uneven as ...
Luminar Technologies filed for Chapter 11 bankruptcy in Texas on Dec. 15 after losing a lidar supply contract with Volvo, listing $100 million to $500 million in assets and $500 million to $1 billion ...
Transportation Secretary Sean Duffy identifies New York as the biggest offender in issuing unlawful or illegal nondomciled CDLs. New York is given 30 days to comply or risk losing federal funding.
Industry leaders said expanding use of AI agents in logistics heightens risks around data security, governance and access that must be addressed before deployment. Executives warned that poor data ...
A survey o transportation leaders in the Motive Holiday Outlook Report said 19% of overall fleet spend is lost to fraud or theft. Alcohol, meat and electronics are among the high-demand, ...
Nassau County prosecutors charged seven people, including three former New York DMV employees, in a 51-count indictment alleging a scheme to illegally obtain commercial driver licenses for unqualified ...