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Ford expects a profit hit of as much as $2 billion after a devastating fire at a key supplier of aluminum for its top-selling F-150 pickup truck, overshadowing solid Q3 financial results.

ACT noted continuing concerns over moderating economic activity, weak for-hire carrier profitability and ambiguous government policy remain as challenges to trailer demand.

Oil prices spiked after the U.S. announced new sanctions on Russia's oil industry in an attempt to get President Vladimir Putin to the negotiating table and end Moscow’s brutal war on Ukraine.

Cargill is turning to artificial intelligence to ensure it gets more beef from its processing plants as the U.S. cattle herd dwindles to the lowest level in seven decades.

New Mexico, Washington and California were warned by DOT Secretary Sean Duffy to enforce English-language proficiency regulations or face withholding of up to 100% of the funds.

The GOP caucus has blamed Democrats for the impasse. Democrats oppose funding legislation that lacks provisions designed to extend federal subsidies for some health care coverage premiums. 

President Donald Trump and Chinese President Xi Jinping will meet Oct. 30 on the sidelines of the Asia-Pacific Economic Cooperation summit, the White House announced.

Program Aied: October 23, 2 p.m. ET Discover how fleets stay safe and on schedule when mother nature presents extreme conditions. Experts from Stevens Transport, the North Carolina DOT, and Fleetworthy share how tools and resources help fleets reduce risk, prevent delays, and protect drivers in severe weather.

"September’s tonnage level was essentially the same as in September 2023, underscoring the tough freight market over the last few years,” said ATA Chief Economist Bob Costello.

China last year purchased $13 billion of U.S. soybeans — more than 20% of the entire crop — for animal feed and cooking oil, but still hasn’t booked a single shipment from this fall’s huge crop.