NEW YORK — U.S. stocks are falling Friday after getting a whiff of a worst-case scenario for financial markets: a weakening economy combined with high inflation. The Dow Jones Industrial Average was ...

[Stay on top of transportation news: Get TTNews in your inbox.] Costco Wholesale Corp.’s quarterly profit rose more than expected, showing the club chain is capitalizing on an extended period of sales ...

Senators reintroduced the Railway Safety Act to strengthen rail safety standards after the 2023 Norfolk Southern derailment in East Palestine, Ohio. The legislation would expand technology, mandate ...

Venezuela and the U.S. are scrutinizing dozens of confidential oil contracts signed during the reign of ousted strongman Nicolas Maduro, according to people familiar with the situation. The deals, ...

FedEx Corp. has named the leadership team for its soon-to-be-independent less-than-truckload freight division, with longtime executive John Smith tapped as CEO and veteran board member R. Brad Martin ...

Kenworth on March 3 unveiled the C580 heavy‑haul truck, which will replace the C500 when production begins in January 2027. The C580 introduces Kenworth’s latest cab platform, expanded axle and ...

Canada detailed progress on about C$3.5 billion in critical minerals investments, including C$44 million for a BC transmission line and C$50 million for BC Hydro upgrades. The funding aims to speed ...

Major U.S. ports saw a slower but steady January as front-loaded 2025 cargo, tariff uncertainty and uneven inventory drawdowns softened volumes after last year’s surge. West Coast gateways generally ...

Wabash is expanding its service and upfitting network while idling plants in Goshen, Ind., and Little Falls, Minn. The company cites prolonged weak freight and trailer demand as it reduces production ...

The Department of Labor plans to rescind a controversial independent contractor rule in a move welcomed by truckers. Secretary of Labor Lori Chavez-DeRemer announced Feb. 26 a proposed rule under the ...

Ryan McCormack was confirmed as under secretary of transportation for policy with a focus on surface transportation and safety. John DeLeeuw was approved for a National Transportation Safety Board ...

Oil producers jumped on a chance to lock in prices for future sales as the crude market soared by the most since June, opening a window that had been scarce before the U.S. and Israel launched strikes ...