The US government plans to allow more trading companies beyond Vitol Group and Trafigura Group to purchase Venezuelan crude, a Trump administration official said.

Classes 4-7 retail truck sales for the month decreased 15.5% to 19,082 units from 22,586 a year earlier. Medium-duty sales haven’t trended ahead of the prior year since January 2025.

Trump's threats have sparked outrage and a flurry of diplomatic activity across Europe, as leaders consider retaliatory tariffs and the first-ever use of the EU’s anti-coercion instrument.

President Donald Trump said he would charge a 10% import tax on goods from Denmark, Norway, Sweden, France, Germany, the U.K., the Netherlands and Finland because they oppose his Greenland threats.

FedEx has filed to spin off its freight division into its own stand-alone business, the company announced Jan. 16. The separation is on schedule to be completed June 1.

The Department of Transportation has threatened to withhold federal highway funds from any state that didn't work to scrub licenses with discrepancies.

J.B. Hunt handled fewer longhaul, coast-to-coast shipments during the quarter, with intermodal volumes shifting toward shorter hauls in the eastern U.S.

Transportation companies such as C.H. Robinson and XPO have already added services and warehouse space to support customers in Mexico that are shipping or are planning to ship to the U.S.

Under the terms, which the White House was poised to announce Jan. 15, duties on Taiwanese shipments would fall from the previous 20% rate — putting them on par with Japan and South Korea.

The last ATA Driver Compensation Study found truckload drivers earned median annual pay of $76,420 in 2023, a 10% increase compared with the level reported in 2021’s study.