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Motor vehicles fell 1.6%, held down in part by the expiration of federal tax incentives on electric vehicles. Cheaper gasoline prices held down the value of gas station receipts.

President Trump's aggressive approach to trade policy, alongside other market disruptions, left trucking looking for clarity on a market recovery, investments and equipment.

“Fifty-three percent of New York’s non-domiciled [commercial driver licenses] were issued unlawfully or illegally," Transportation Secretary Sean Duffy says.

Mortgage rates have been hovering in the 6.3%-6.4% range the past couple months, near their one-year lows, which has marginally helped to move some buyers off the sidelines.

Chinese leader Xi Jinping said officials should not only be assessed by the economic growth rate, but also their achievements in ensuring people’s well-being and maintaining stability.

The growth was largely supported by India’s push into markets like China, although there was also a sharp rebound in shipments to its biggest export destination, the U.S.

“Apparently [China doesn't] want them, and I think the reason for that is they want semiconductor independence,” White House AI czar David Sacks said in an interview on Bloomberg Tech.

A shortage of oil tankers is becoming so acute that newly built vessels, which usually carry refined fuels on their maiden voyages, are instead racing empty to pick up crude as soon as possible. 

Specific to trucking, the NDAA proposes improvements to the procedures associated with moving military freight and relocation assistance for service members and their families.

The U.S. Court of Appeals for the D.C. Circuit on Dec. 3 granted the agency’s Nov. 19 request to hold the case in abeyance, effectively putting the case on hold.