Industry News

• Stellantis Pauses Jeep Compass, Ontario Plant Operations February 20, 2025
  The Brampton plant, which employed about 3,000 workers, is currently being retooled to build electric and and gas-powered vehicles for the Jeep brands.
• Rivian Reports Profit but Cuts 2025 EV Sales Forecast February 20, 2025
  Rivian Automotive said its electric-vehicle deliveries this year will fall short of Wall Street estimates as potential policy shifts in Washington threaten to further dampen EV demand.
• TFI’s Decision to Relocate to US Sparks Controversy February 20, 2025
  Canadian trucking and logistics company TFI International Inc. said it will move its headquarters to the U.S., earning criticism from one of its largest shareholders.
• TFI Q4 Profit Slumps 33% on Higher Costs, Tonnage Decrease February 20, 2025
  The Montreal-based carrier saw its truckload unit revenue jump 64% to $693.2 million, but revenue at the LTL and Logistics divisions fell by 13% and 14%, respectively.
• InCharge Energy, DLL Team Up on EV Charging Expansion February 20, 2025
  The companies announced the agreement Feb. 18, saying the goal is to lower financial barriers for organizations looking to transition to electric vehicles.
• New Texas-Mexico Border Project to Improve Truck Processing February 20, 2025
  Customs and Border Protection has partnered with Texas on a $6.9 million construction project to more efficiently process trucks bringing in cargo from Mexico at the Los Indios crossing.
• Congressional Leaders Negotiate Budgets February 20, 2025
  WASHINGTON — With a funding deadline fast approaching, congressional leaders have yet to debate a plan for averting a government shutdown next month.
• Nikola’s Collapse Puts SEC’s $80 Million Claim at Risk February 20, 2025
  The SEC ranked No. 1 on the roster of largest unsecured creditors when Nikola, a failed maker of EV trucks, sought court protection on Feb. 19, with the regulator owed about $80 million.
• ATRI Seeks Carrier Input on Hiring Across Demographics February 20, 2025
  Researchers at ATRI are asking motor carriers whether they'd be willing to hire truck drivers with prior criminal convictions.
• C.H. Robinson CEO Strives for Impactful Changes February 20, 2025
  C.H. Robinson CEO Dave Bozeman moved to Minnesota in June 2023 and dug right in with a deep dive into the company and the community.
• Autonomous Trucking Approaches Inflection Point February 20, 2025
  LAS VEGAS — After many years of development work, autonomous trucks are now on the cusp of commercial driverless operations on highways, in logistics yards and on private sites.
• Buttigieg Weighs Whether to Run for President or Senate February 20, 2025
  Former Transportation Secretary Pete Buttigieg must decide soon whether he wants to return to the national spotlight as a candidate in Michigan’s U.S. Senate race or instead run for president.
• Trump’s Canada Tariffs ‘Make No Sense,’ Says Trade Minister February 20, 2025
  President Donald Trump’s tariffs only make goods more expensive for Americans, said Canada’s Trade Minister Mary Ng, reiterating a vow to retaliate.
• Walmart Lowers Outlook for 2025 February 20, 2025
  Walmart delivered another year of strong sales and profits with its competitive prices an increasingly strong magnet for shoppers, but 2025 appears to come with new challenges.
• Trump Administration Orders Halt to NYC Congestion Pricing February 20, 2025
  The move, DOT Secretary Sean Duffy said, “effectively ends tolling authority for New York City’s cordon pricing plan,” which tolled drivers entering Manhattan below 60th Street.