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The decision is a blow to the ambitions of Steel Dynamics as it seeks to benefit from steep tariffs imposed by the Trump administration to shield U.S. producers.

The White House is organizing a meeting Jan. 9 with U.S. oil company executives to discuss Venezuela. Representatives of Exxon, Chevron and ConocoPhillips are expected to attend.

Ryder System acquired Georgia mobile truck and trailer maintenance specialist Truck Service Depot on Jan. 6 for an undisclosed sum, the company said.

Self-driving car systems company Mobileye Global is acquiring Israeli startup Mentee Robotics in a cash-and-stock deal valued at $900 million, as it looks to develop humanoid robots.

U.S. transportation stocks closed at a record level Jan. 6, capping off a rebound fueled by prospects of strong economic growth this year. 

"Only a small handful of members of Congress hold a CDL, and Congressman LaMalfa spoke with pride about being a part of this elite group,” ATA President Chris Spear said.

A small fleet of ships booked by Chevron is sailing to Venezuela as the company emerges as the only exporter of the country’s oil following the ouster of President Nicolas Maduro by U.S. forces.

The FY25 annual grants are allocated through a competitive process for states. In this round, $71.6 million was dedicated to “High Priority” grants for CMVs and innovative technology deployment.

Ford selected Precision Vehicle Solutions to manage finished vehicle logistics at its Kentucky Truck Plant and Louisville Assembly Plant, one of Ford's highest-volume outbound networks.

LaMalfa was a senior member of the Transportation and Infrastructure Committee, and he sought to repeal the 12% federal excise tax on certain commercial vehicles.