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FedEx has filed to spin off its freight division into its own stand-alone business, the company announced Jan. 16. The separation is on schedule to be completed June 1.

Weakness in Daimler Truck's key North American market was largely to blame for the decline, with sales slumping 26% to 142,000 vehicles.

A ruling against Trump on tariffs would undercut the centerpiece of his economic agenda and deliver his biggest legal defeat since returning to the White House.

Venezuela’s acting President Delcy Rodríguez used her first state of the union message Jan. 15 to advocate for opening the crucial state-run oil industry to more foreign investment.

NHTSA granted Tesla a five-week extension to start addressing a defect investigation into its cars violating traffic laws while its Full Self-Driving system is engaged.

David Guggina, who has been the chief e-commerce officer of Walmart U.S., has been promoted to CEO of the division — the company’s biggest and most important business.

J.B. Hunt handled fewer longhaul, coast-to-coast shipments during the quarter, with intermodal volumes shifting toward shorter hauls in the eastern U.S.

Breaking with the United States, Canada has agreed to cut its 100% tariff on Chinese electric cars in return for lower tariffs on Canadian farm products, Prime Minister Mark Carney said Jan. 16.

The collaboration between McLeod and Aurora, first announced Aug. 28, enables trucking businesses to book and manage autonomous truck capacity using their existing McLeod TMS.

Under the terms, which the White House was poised to announce Jan. 15, duties on Taiwanese shipments would fall from the previous 20% rate — putting them on par with Japan and South Korea.