Kuehne + Nagel will cut more than 2,000 jobs to save 150 million francs as it reports slightly lower 2025 revenue of 24.5 billion francs. Analysts say Middle East conflict may tighten capacity and ...
Archer-Daniels-Midland Co. increased its annual earnings outlook as the crop trader expects a clearer U.S. biofuels policy to offset market disruptions from the conflict in the Middle East. The U.S.
FedEx Freight is expanding AI use to improve route optimization, reduce downtime and improve customer satisfaction, executive John Smith said May 4. Smith said predictive analytics can improve demand ...
Everything about Ford Motor Co.’s Long Beach, Calif., “skunkworks” operation was designed so that its crack engineering team could dream up a new electric vehicle lineup that broke with convention.
Mack Trucks unveiled an EPA 2027-compliant MP13 engine at the Advanced Clean Transportation Expo on May 5. Mack said the engine delivers up to 540 horsepower, 1,950 pound-feet of torque and up to 6% ...
GXO reported first-quarter net income of $5 million, compared with a $95 million loss a year earlier. Revenue rose 10.8% to $3.3 billion, with growth across all reported industry verticals. The ...
Daimler Truck North America sales are pacing about 50% higher in Q2 than Q1, executives said May 6 during the parent company’s earnings call. Q1 DTNA sales fell to 29,432 vehicles, the lowest since ...
ACT Expo 2026 highlighted a shift from regulation-driven electric truck deployment to a measured, diversified sustainability approach as emission rules and incentives were rolled back. With federal ...
The Trump administration is studying using oil under land at U.S. military bases and other Department of Defense sites to help refill the nation’s depleted emergency reserves, according to a person ...
Amazon launched Amazon Supply Chain Services, opening its freight, fulfillment and parcel delivery network to businesses beyond its marketplace. Amazon said early users include Procter & Gamble, 3M, ...
[Stay on top of transportation news: Get TTNews in your inbox.] DUBAI, United Arab Emirates — Iran established a new government agency to approve transit and collect tolls from shipping in the strait, ...
[Stay on top of transportation news: Get TTNews in your inbox.] The U.S. trade deficit widened in March as an increase in the value of imports exceeded exports in a sign of solid consumer and business ...
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