Daily headlines and summaries of the most important news in trucking and logistics.
UPS STUNS WALL STREET WITH PROFIT BEAT AND 34,000 JOB CUTS UPS said adjusted EPS beat expectations as it slashed costs, eliminated 34,000 jobs and closed 93 facilities; shares jumped as the carrier guided to ~$24B in Q4 revenue while…
DAIMLER TRUCK, GEICO LAUNCH CONNECTED INSURANCE TO CUT SMALL-FLEET PREMIUMS Daimler Truck Financial Services USA and GEICO unveiled a data-driven program that taps Detroit Connect telematics from Freightliner and Western Star trucks to assess risk and offer up to 10%…
TRANSPORTATION SECRETARY THREATENS TO PULL $160M FROM CALIFORNIA OVER NONCITIZEN CDL LICENSING U.S. Transportation Secretary Sean Duffy said Sunday he will withhold $160 million and may revoke California’s CDL-issuing authority, alleging the state improperly issued licenses to noncitizens. The move…
DOT SAYS CALIFORNIA BROKE FEDERAL LAWS ON TRUCKER ENGLISH; THREATENS FUNDING OVER COMPLIANCE FMCSA published a “bombshell” report alleging California failed to enforce English language proficiency standards for CMV drivers, detailing safety concerns and outlining funding consequences tied to enforcement…
KNIGHT-SWIFT POSTS Q3 2025 RESULTS; EARNINGS CALL SCHEDULED FOR 4:30 P.M. ET TODAY The nation’s largest truckload carrier released third-quarter results and will discuss performance and outlook on a webcast after the market close on October 22. FREIGHTWAVES’ F3 FESTIVAL…
ANALYSIS: CHINA SEEN GAINING EDGE IN TRADE WAR, RAISING SUPPLY CHAIN RISKS FOR SHIPPERS A fresh look at U.S.-China tensions warns of prolonged tariffs and export controls that could increase costs and volatility across ocean imports and domestic trucking networks.…
WHITE HOUSE FINALIZES 25% TARIFFS ON IMPORTED MEDIUM- AND HEAVY-DUTY TRUCKS; PARTS CREDIT EXPANDED President Trump signed orders imposing a 25% tariff on imported medium- and heavy-duty trucks and parts starting Nov. 1, while expanding a credit program to offset…
NEW ENGLISH-PROFICIENCY ENFORCEMENT SIDELINES ABOUT 6,000 TRUCKERS SINCE JUNE A Washington Post analysis finds thousands of CDL holders were pulled off the road for failing newly enforced roadside English tests, raising discrimination and capacity concerns as states face threats of…
NEW ENGLISH EXAMS SIDELINE 6,000 TRUCKERS, TESTING SUPPLY CHAINS AND SPARKING BIAS CONCERNS Since June, stepped-up roadside English-proficiency enforcement has put about 6,000 drivers out of service; critics call the tests subjective and warn of labor shortages, while DOT says…
US WITHHOLDS $40.6M FROM CALIFORNIA OVER TRUCK DRIVER ENGLISH PROFICIENCY ENFORCEMENT DOT is freezing federal safety funds for California, saying the state isn’t adequately enforcing English proficiency requirements for CDL holders; California has 30 days to comply or risk deeper…
