A Trump administration crackdown on foreign commercial drivers could take tens of thousands of truckers off the road, the WSJ Logistics Report’s Liz Young reports. Some of the country’s largest trucking companies say this could help reverse a prolonged downturn by cutting the number of drivers and pushing up rates.

The federal government has been pressing states to revoke certain commercial driver’s licenses and to restrict some new certifications, with the goal of improving road safety. The Transportation Department in September proposed a rule that would sharply curtail the pool of immigrants eligible for CDLs. For now, the change is on hold after a federal appeals court ruling in November.

Transportation Secretary Sean Duffy has accused some states of issuing non-domiciled CDLs illegally and has threatened to withhold federal funding. At the same time, law-enforcement officers have been taking drivers off the road who are deemed not to be proficient in English.

Some big trucking companies say these efforts could help reverse their fortunes after more than three years of rock-bottom freight rates. Analysts, however, question how much impact the enforcement measures will have, with one saying a capacity decrease has more to do with market conditions driving operators out of the business.

• California has started enforcing English-language standards for commercial drivers, after the state lost $40 million in federal transportation funds. (Transport Topics)

CSX posted declines in quarterly profit and revenue as lower merchandise volume and export coal sales offset increases in merchandise and intermodal prices, intermodal volume and fuel surcharge revenue. The WSJ’s Kelly Cloonan writes that the railroad operator posted a profit of $720 million, or 39 cents a share, on revenue of $3.51 billion. Profit and sales both missed analysts’ forecasts.

The company is positioned to improve its results as it focuses on productivity and controlling costs, said CEO Steve Angel, who replaced Joe Hinrichs in September. The appointment came amid activist pressure to do a deal with a rival in light of Union Pacific’s $71.5 billion buy of Norfolk Southern, or replace its top executive.

Earlier this month CSX laid off 166 workers in management positions, or about 5% of its more than 3,000 management employees. Meanwhile, a U.S. railroad regulator last week delivered a setback to Union Pacific and Norfolk Southern, saying their merger application was incomplete.

• GE Aerospace posted higher quarterly revenue as its orders grew amid rising air travel and defense demand. (WSJ)
• McCormick & Co. posted higher quarterly sales, but said it plans to continue raising prices to help offset rising costs from tariffs and higher commodity expenses. (WSJ)
• Freeport-McMoRan said fourth-quarter production was significantly hurt by the suspension of operations at one of its mines, though higher prices for precious metals helped boost profit. (WSJ)
• The Dow Jones Transportation Average, which includes 20 bellwethers such as FedEx and Union Pacific, has risen about 7% already this year to a new all-time high. (Barron’s)

Online secondhand retailer Vinted over the next few months will pour tens of millions of dollars into expanding in the U.S. The Journal’s Aimee Look writes that the Lithuanian startup plans to boost its sales channels and brand presence while optimizing its platform for a bigger American clientele.

The platform, which connects buyers and sellers of secondhand clothes and other goods, will work with shipping companies to ensure that its delivery channels are cheap and efficient in the U.S., CEO Thomas Plantenga says.

In the run-up to the U.S. expansion push, Vinted created a shipping connection between London and New York, Plantenga said. This way, the platform could quickly test consumer appetite in a U.S. city, without needing to first establish a network of suppliers.

• U.S. GDP grew at a 4.4% annualized rate between July and September, updated Commerce Department figures showed, up from 3.8% in the three months prior. (WSJ)
• New unemployment claims rose to 200,000 in the week ending January 17, a slight increase from 199,000 the prior week. (WSJ)
• Japan’s exports increased 5.1% in December from a year earlier, marking the fourth consecutive month of growth. (WSJ)
• Clorox is buying Purell-maker Gojo Industries for $2.25 billion, adding the hand sanitizer brand to its stable of cleaning and other consumer products. (WSJ)
• General Motors plans to move production of its Buick Envision SUV from China to Kansas in 2028, and will likely stop making the all-electric Chevrolet Bolt in about a year and a half. (Bloomberg)
• The Port of Los Angeles plans to expand two container terminals and develop an 89-acre chassis-operations facility, in addition to building a previously announced new terminal. (Journal of Commerce)
• The French Navy boarded a false-flagged tanker under sanctions called Grinch while it was underway, full of Russian oil, off the coast of Spain. (Lloyd’s List)
• Danone plans a $4 million expansion of its yogurt-production facility in Fort Worth, Texas, as demand booms for protein-rich food. (Supply Chain Dive)
• The Trump administration is moving to close a loophole that allowed cargo routed through Canadian and Mexican ports to avoid U.S. Harbor Maintenance Tax fees. (gCaptain)
• Tokyo Electric Power restarted a reactor at the Kashiwazaki-Kariwa nuclear-power plant as Japan races to supply power for chip factories and AI data centers. (New York Times)
• Pennsylvania’s Alpek Polyester USA, one of the largest bottle-to-bottle polyethylene terephthalate, or PET, recycling plants in the Americas, will close in March. (Recycling Today)

Mark R. Long is editor of WSJ Logistics Report. Reach him at mark.long@wsj.com. Follow the WSJ Logistics Report team on LinkedIn: Mark R. Long, Liz Young and Paul Berger.