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“We have done hard things before. With this committee’s guidance, and in partnership with labor and industry, we can do them again," Maritime Administrator Stephen Carmel told senators.

Kargo has secured $42 million in new funding as the warehouse automation company scales its loading dock technology with enterprise customers across multiple industries.

Trucking activity in the U.S. climbed slightly in November, but shipments remain at low levels, according to American Trucking Associations.

According to data from motor club AAA, the national average for unleaded gasoline has stayed below the $3 mark since Dec. 2, falling to its lowest level of about $2.85 a gallon on Dec. 22.

The U.S. accused China of engaging in unfair trade practices in the semiconductor sector, but is declining to impose additional tariffs on chip imports until at least mid-2027.

President Trump's approach to renegotiating trade deals has injected unease into international supply chains as well as a domestic trucking industry already 2½ years into a downturn.

U.S. GDP from July through September — the economy’s total output of goods and services — rose from its 3.8% growth rate in the April-June quarter, the Commerce Department said Dec. 23.

“We’re going to have a very aggressive legislative agenda coming right out of the gates in January,” House Speaker Mike Johnson said Dec. 16.

The deal will combine Harman’s cockpit expertise with market-leading camera technology for the next generation of so-called software-defined cars.

Colorado Gov. Jared Polis called it a case of “crossed wires,” saying the state has “finished the investigation and we are conducting a final review of the findings."