CALIFORNIA TO REVOKE 17,000 CDLS ISSUED TO IMMIGRANTS State officials will cancel licenses whose expiration dates exceeded recipients’ legal status, following federal scrutiny and funding threats from USDOT. Drivers will receive 60 days’ notice, while new federal rules further limit eligibility for noncitizen CDLs. ([ttnews.com]()) ALL 14 VICTIMS IDENTIFIED IN…
U.S. Diesel Prices Climb for Week of November 10: Midwest and Rockies Lead Gains Diesel prices moved higher across most U.S. regions this week. The national on-highway average rose to $3.837 per gallon for the week of November 10, up 8.4 cents (2.24%) from $3.753 the prior week. The steepest…
California has begun the process of canceling roughly 17,000 non‑domiciled commercial driver’s licenses, notifying affected drivers that their credentials will expire in 60 days following a Federal Motor Carrier Safety Administration audit that flagged widespread compliance problems. The U.S. Department of Transportation said it will keep pressing the state to…
The trucking industry’s worst-kept secret is now out in the open: weak oversight of electronic logging devices is enabling some fleets to quietly stretch drivers’ hours, undercut rates, and crowd out compliant carriers. Executives tell FreightWaves that a self-certification regime has flooded the market with ELDs that allow routine log…
Introduction As of the week ending November 10, 2025, the U.S. spot market softened on lower freight postings and a modest decline in dry van and reefer spot rates. The headline week-over-week (WoW) story is pressure on load-to-truck ratios (LTRs) for vans and flatbeds, while reefers managed a slight LTR…
Proficient Auto Logistics lit up the tape after its third-quarter call, with shares sprinting nearly 30% on November 12 as analysts and investors zeroed in on one metric: cash generation. On the call, management highlighted $11.5 million of free cash flow in Q3, prompting Barrington Research’s Alexander Parris to note…
Signals from Yemen’s Houthi movement that it is pausing attacks on merchant ships have injected a new, if fragile, optimism into global logistics. The group’s letter indicating a halt — one it says could be reversed if fighting in Gaza resumes — has been reported by multiple outlets and marks…
Proficient Auto Logistics lit up the tape on Wednesday, November 12, closing up nearly 30% at $8.55 after its third‑quarter call spotlighted a level of free cash generation that surprised even bullish followers. Barrington Research’s Alexander Parris pressed management on why the market hadn’t rewarded that cash profile earlier; investors…
Einride, the Swedish startup blending electric trucks with autonomous operations, plans to list on the New York Stock Exchange through a merger with Legato Merger Corp. III, valuing the company at about $1.8 billion. It’s a high-profile test of whether public markets are ready to finance the next leg of…
What’s real right now Despite viral posts claiming the IRS is cutting “relief” deposits this month, there are no federal stimulus or IRS-issued payment programs scheduled for November 2025. A widely shared explainer this week reiterates that the IRS newsroom has not announced any such payments and that social rumors…
