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GovernmentBusinessSafetyLogistics

Transportation Lawmakers Take Aim at Moving Industry Scams

鈥淲e cannot allow bad actors in the shipping and moving industry to violate consumer trust and harm our nation鈥檚 supply chain," said Sen. Deb Fischer, the bill's co-lead sponsor in the Senate.

February 4, 2025
BusinessTechnologyEquipment

Cummins Posts Lower Q4 Profit on Weak Truck Demand

Weak global heavy-duty truck market demand plus a reorganization of the Accelera decarbonization technology unit hurt Cummins profit in the fourth quarter of 2024, the company said.

February 4, 2025
GovernmentBusinessLogistics

Panama Considers Canceling Port Deal With Hong Kong Firm

Panama is weighing whether to cancel its contract with the Hong Kong-based company that operates ports near the Panama Canal, according to people with knowledge of the situation.

February 4, 2025
GovernmentBusinessFuel

Chinese Tariffs on US LNG Set to Reroute Global Trade Flows

China鈥檚 decision to slap tariffs on liquefied natural gas imported from the U.S. will trigger a scramble to decouple the world鈥檚 biggest buyer and seller of the super-chilled fuel.

February 4, 2025
GovernmentBusinessLogisticsPrivateGlobal Freight

Amazon to Face Legal Action After Layoffs in Quebec

Amazon.com Inc.鈥檚 decision to close all seven of its warehouses in the Canadian province of Quebec and terminate more than 1,900 workers is prompting legal action from the affected union.

February 4, 2025
BusinessFuelPrivate

ADM Plans to Cut Up to 700 Jobs

Archer-Daniels-Midland Co. said it will reduce its workforce as the company expects profits to decline for a third straight year.

February 4, 2025
GovernmentBusinessFuel

Senate Confirms Chris Wright as Energy Secretary

WASHINGTON 鈥 The Senate confirmed Chris Wright to serve as energy secretary, a key post to promote President Donald Trump鈥檚 efforts to achieve U.S. 鈥渆nergy dominance鈥 in the global market.

February 4, 2025
GovernmentBusinessTechnologyEquipmentFuel

China to Impose Tariffs on US Products, Including Oil

BEIJING 鈥 China countered President Donald Trump鈥檚 tariffs on Chinese products with tariffs on select U.S. imports Feb. 4, as well as announcing an antitrust investigation into Google.

February 4, 2025
BusinessTechnologyEquipmentSafetyAutonomous

Volvo, Waabi Partner to Produce Autonomous Trucks

Waabi will integrate its autonomous driving system, the Waabi Driver, with Volvo鈥檚 production-ready VNL Autonomous model. Commercial pilots will begin in Texas in the coming months.

February 4, 2025
GovernmentFuel

Diesel Price Stays Flat at $3.66 a Gallon

The national average diesel price remained virtually unchanged, nudging up just one-tenth of a cent to $3.66 a gallon, according to EIA data released Feb. 3.

February 3, 2025

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