Daily headlines and summaries of the most important news in trucking and logistics.
RXO REVENUE JUMPS 36% AS LOSS NARROWS; CEO SEES TIGHTER TL CAPACITY RXO reported Q3 revenue of $1.42B and a net loss of $14M, with LTL volume up 43% and management noting truckload capacity exits are tightening the market heading…
UPS WORLDPORT TO RESUME OPERATIONS WEDNESDAY NIGHT AFTER DEADLY CRASH UPS said its Louisville Worldport hub will restart Wednesday evening, with flights expected to reach destinations by Thursday morning after a network halt following the Nov. 4 crash. Shippers should…
UPS CARGO JET CRASH IN LOUISVILLE KILLS AT LEAST 9; ENGINE SEPARATION PROBED A UPS MD-11 freighter crashed shortly after takeoff from Louisville on Nov. 4, killing at least nine people and injuring others; investigators are focusing on reports that…
TRUCK OEMS WIN PRELIMINARY INJUNCTION AGAINST CARB CLEAN TRUCKS PARTNERSHIP A federal judge granted DTNA, Paccar, Volvo Group NA and Navistar a preliminary injunction, relieving them from complying with California’s Clean Truck Partnership requirements while the suit proceeds, dealing CARB…
PANAMA CANAL CHIEF SAYS PORT CONCESSION PREQUALIFICATION TARGETED FOR EARLY 2026 The Panama Canal Authority will meet with interested shipping companies in early December and aims to prequalify bidders for two new ports by early 2026, a move that could…
25% TARIFFS ON IMPORTED MEDIUM- AND HEAVY-DUTY TRUCKS, PARTS TAKE EFFECT NOV. 1 A presidential proclamation set 25% duties on imported medium- and heavy-duty trucks and parts starting 12:01 a.m. ET Nov. 1 (buses at 10%). USMCA-qualified heavy trucks may…
25% U.S. TARIFF ON IMPORTED MEDIUM- AND HEAVY-DUTY TRUCKS TAKES EFFECT TODAY The White House’s Section 232 action hits imported Class 3–8 trucks with a 25% duty starting Nov. 1, with Mexico the most exposed import source and OEMs warning…
U.S. AND CHINA SUSPEND DUELING PORT FEES, EASING PRESSURE ON GLOBAL SHIPPING Presidents Trump and Xi agreed Oct. 30 to a 12‑month pause on retaliatory port fees that were adding billions in costs to ocean carriers and supply chains, offering…
CBO SAYS FEDERAL SHUTDOWN HAS ALREADY COST U.S. ECONOMY $18B The Congressional Budget Office estimated $18 billion in losses so far from the ongoing shutdown, warning that up to $14 billion in GDP may never be recovered if it drags…
TRUCKER PATH, WEX PARTNER TO BRING FUEL DISCOUNTS INTO DRIVER APP Trucker Path is integrating Wex’s 10-4 discount network, giving more than 1 million app users access to savings at roughly 2,600 fueling locations; Wex says current users average $313…
