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LNG Exporter Venture Global Files for IPO
Venture Global Inc., one of the biggest suppliers of liquefied natural gas in the U.S., filed for what could be one of the largest initial public offerings of 2025.... Read more
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NHTSA Issues Final Rule Authorizing Whistleblowers
Any current or former employee or contractor of a vehicle manufacturer, part supplier or dealership may be a whistleblower, NHTSA said.... Read more
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Chris Purcell Wins Grand Champion Title at Rush Skills Rodeo
SAN ANTONIO — For the second time, Chris Purcell was named Grand Champion at the Rush Enterprises Tech Skills Rodeo. He also captured the annual competition’s top prize in 2021.... Read more
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VW Deal for 120,000 Workers Avoids Layoffs, Plant Closures
FRANKFURT, Germany — Volkswagen and its employee representatives said they reached a wage deal for 120,000 German workers that avoids plant closings and bars involuntary layoffs through 2030.... Read more
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FMCSA Panel Calls for Solutions to Truck Parking Crisis
A Federal Motor Carrier Safety Administration advisory committee met for five hours Dec. 17 to recommend best practices to increase safe parking for truck drivers seeking rest.... Read more
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Hyzon to Begin Layoffs in February Without More Funds, Buyer
Hyzon expects to start laying off U.S. employees in February if the hydrogen fuel cell electric truck maker cannot raise more funds or find a buyer, the company said Dec. 20.... Read more
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Inflation Slows, Boosting Hopes for Deeper Rate Cuts in 2025
The so-called core personal consumption expenditures price index, which excludes food and energy items, increased 0.1% from October and 2.8% from a year earlier.... Read more
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Consumer Sentiment Up for Fifth Straight Month in December
The final December sentiment index increased to 74 from 71.8 last month, according to the University of Michigan. The median estimate in a Bloomberg survey called for a reading of 74.2.... Read more
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FedEx to spinoff LTL freight trucking business
The move indicates the parcel giant’s long-term strategy to adapt to evolving supply chain demands.... Read more
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House Scrambling as Government Shutdown Approaches
People familiar with the negotiations told Fox News and NBC that a vote was possible soon although it’s uncertain whether Speaker Mike Johnson can secure the necessary votes.... Read more
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China Races to Ship Batteries to US Before Tax Changes
Shipments of lithium-ion batteries to the U.S. jumped by 27% to $1.9 billion in November from a year earlier. The export tax rebate for batteries was cut to 9% from 13%.... Read more
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Walmart Joins Growing List of Firms Scaling Back Climate Goals
Prior pledges to reduce operational greenhouse gas emissions by 65% by 2030 and 35% by 2025 are probably not achievable, and the company will consider reviewing its climate targets in 2025.... Read more
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Trump to EU: Buy More US Gas or Prepare for Tariffs
Trump said on Truth Social that if the European Union does not up its imports, "it is TARIFFS all the way!!!" The US goods and services trade deficit with the EU was $131.3 billion in 2022.... Read more
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November trailer orders see uptick but sustainability remains uncertain amid demand outlook
Trailer net orders showed a promising uptick, but analysts caution against calling it a trend.... Read more
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Clean Freight Coalition calls on OEMs to abandon CARB partnership
The group of trucking stakeholders is the latest to urge truck manufacturers to abandon their Clean Truck Partnership (CTP) with...... Read more