The truck manufacturer confirmed earlier reports about the layoffs. The decision was made in the face of economic and regulatory uncertainty that has put downward pressure on orders.
April 18, 2025Search
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Brian Antonellis of Fleet Advantage and TMC General Chairman Radu Mihai discuss the urgent need for targeted training programs for heavy-duty technicians that build a capable, future-ready workforce.
Trump Administration Terminates Drug Testing Advisory Board
The Trump administration has dissolved the Drug Testing Advisory Board, which for more than three decades has overseen the development of federal testing programs and laboratories that process drug tests.
April 18, 2025New US Ambassador to Japan Optimistic on Tariff Deal
The new U.S. ambassador to Japan arrived in Tokyo on April 18 and said he is optimistic that his country and its key Asian ally will reach a deal in their ongoing tariff negotiations.
April 18, 2025Truckstop Stresses Carrier Trust Following Broker Survey
The Broker Insights Survey found that two-thirds of brokers cite fraud as their top issue. Double brokering is the most reported threat, with 86% of brokers experiencing this type of fraud.
April 18, 2025Trump Moves Closer to Port Fee on Chinese Vessels
The Trump administration took steps to impose levies on Chinese vessels docking at U.S. ports, threatening to shake up global shipping routes and escalate the trade war.
April 18, 2025Norfolk Southern, Chemical Maker Hash Out Who Pays Residents
Norfolk Southern reached an agreement with one of two companies about how much each side will help pay for a $600 million class-action settlement after the 2023 Ohio train derailment.
April 18, 2025Trump Says He’s in ‘No Rush’ to End Tariffs
President Donald Trump said April 17 that he is in “no rush” to reach any trade deals because of the revenue his tariffs are generating.
April 17, 2025Investment Firm Stonepeak Buys Majority Stake in Dupré
Stonepeak’s infrastructure investments include temperature-controlled warehouse trust Lineage, chassis provider Trac Intermodal and intermodal container lessor Textainer.
April 17, 2025US, Japan to Conduct Second Round of Trade Talks
Preparations are underway for a second round of tariff talks to take place later this month, Japan’s lead negotiator, Ryosei Akazawa, said in Washington on April 16.
April 17, 2025Marten Transport Q1 Profit Slumps 55.2% to $4.3 Million
The Mondovi, Wis.-based company's results took a hammering from both the freight recession and uncertainty precipitated by the Trump administration’s tariff regime, it said April 16.
April 17, 2025