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Congress Faces Jan. 30 Deadline on Transportation Funding

Absent enactment of a DOT funding bill by Jan. 30, certain transportation agencies would shut down or operate at minimum staffing levels.

January 8, 2026

CES Shows How AI, Software Are Redefining Truck Technology

Many exhibitors and speakers at CES highlighted the shift toward software-defined vehicles that can be upgraded over time through remote updates without requiring hardware changes.

January 8, 2026

Global Growth to Slow as Trump’s Tariffs Hit, UN Says

The global economy is forecast to expand 2.7% this year, down from an estimated 2.8% in 2025, the U.N. said in its World Situation and Prospects study released Jan. 8.

January 8, 2026

FMCSA’s Barrs: Innovation Done Right Can Save Lives

FMCSA's new leader touted the lifesaving potential of emerging technologies in the transportation industry at CES 2026 and said the agency will work to eliminate barriers to innovation.

January 8, 2026

Energy Secretary Says Oil Companies Consider Venezuela Roles

Oil companies are wary of spending tens of billions of dollars into the country over the next decade and are looking for guarantees of physical and financial security amid stability concerns.

January 8, 2026

Trade Deficit Shrinks to Smallest Since 2009 as Imports Drop

The goods and services trade gap shrank 39% from the prior month to $29.4 billion, Commerce Department data showed Jan. 8. Imports decreased 3.2%.

January 8, 2026

Chevron in Talks With US to Extend Venezuela Oil License

U.S. government officials are in discussions with Chevron over potentially extending the crude producer’s special license to operate in Venezuela, reports say.

January 8, 2026

US Seeks to Assert Its Control Over Venezuelan Oil

Trump's administration intends to control the distribution of Venezuela’s oil products globally following its ouster of President Nicolás Maduro in a surprise nighttime raid.

January 8, 2026

Duffy Yanks $160M From California Over Non-Domiciled CDLs

Transportation Secretary Sean Duffy is withholding nearly $160 million from California for failing to revoke more than 17,000 illegally issued non-domiciled CDLs by the Jan. 5 deadline.

January 8, 2026

First Brands Warns Cash to Run Out by Jan. 31

First Brands warned it will run out of cash without an immediate financing injection, a shortfall that could force the bankrupt auto parts maker to shut down some businesses and sell other operations.

January 8, 2026