Oaktree Capital Management-backed STG Logistics reached a deal with a group of lenders that overhauls its debt stack and allows them to jump ahead of peers in the repayment priority line, according to ...
Honda’s sales of EVs will take a back seat to gas-fueled cars and SUVs in response to growing demand for low-cost models, said Lance Woelfer, the head of Honda’s U.S. sales operations.
A Senate committee on June 11 approved the nomination of Sean McMaster to become administrator of the Federal Highway Administration. His nomination advanced to the floor by a vote of 12-7. Republican ...
President Donald Trump said Jan. 12 he imposed a 25% tariff on goods from countries doing business with Iran, effective immediately, without detailing scope. The move escalates pressure on Tehran amid ...
The leader of BNSF Railway Co. warned that the proposed deal to combine two of its rivals risks pushing up costs for customers, a sign of industry opposition to the largest tie-up in US railroad ...
President Donald Trump sent letters to 14 countries July 7 outlining higher tariffs they’ll face if they don’t make trade deals with the U.S. by Aug. 1. In the letters, which were posted on Truth ...
[Stay on top of transportation news: Get TTNews in your inbox.] DETROIT — Michigan Gov. Gretchen Whitmer offered a contrasting view of manufacturing in Detroit on Jan. 15, two days after President ...
The average cost of operating a truck dipped slightly last year, but marginal costs jumped when the effects of lower fuel costs were excluded, the American Transportation Research Institute said in a ...
Used Class sales decreased 1.5% to 20,400 units from 20,700 in the prior-year period. The average retail sale price fell 5.2% to $53,654 from $56,587 from 2024. Average mileage increased to 412,000 ...
U.S. trailer orders were predictably stronger than the year-ago period, with the tally jumping 51% in January, ACT Research reported. Preliminary net data showed orders increased to 21,300 units. But ...
HONG KONG — China’s trade surplus surged to a record of almost $1.2 trillion in 2025, the government said Jan. 14, as exports to other countries made up for slowing shipments to the U.S. under ...
Fines and jail sentences are on the table in three states for repeat offenders. Motor carriers also could be subjected to fines for repeat offenders behind the wheel. FMCSA requires out-of-service ...
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