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CEO Martin Lundstedt dropped the bombshell in the final moments of the truck and bus maker鈥檚 first quarter of 2025 earnings call, revealing an additional 200 or so jobs would be cut.
Bessent said that the Trump administration is looking at multiple factors regarding China beyond just tariffs 鈥 including non-tariff barriers and government subsidies.
U.S. trailer orders in March broke from the pattern of year-over-year declines to surge 63% from the previous year, ACT Research reported.
Wisconsin, Rhode Island and Missouri are early adopters of a new online process to streamline the handling of Medical Examiner鈥檚 Certification for commercial vehicle drivers.
Elon Musk says he鈥檒l be spending less time in Washington slashing government costs and more time running Tesla after his electric vehicle company reported a big drop in profit.
The suit argues that Congress didn鈥檛 grant Trump the necessary authority to impose the tariffs and national trade policy 鈥渘ow hinges on the president鈥檚 whims."
Trump Softens Tone on Tariffs, Says He Won鈥檛 Fire Powell
President Donald Trump allayed fears that he plans to fire Fed Chair Jerome Powell and signaled he would be "very nice" to China in trade talks.
Norfolk Southern Profit Increases in Q1
Norfolk Southern鈥檚 quarterly profits were again inflated by insurance payments related to its disastrous 2023 derailment in Ohio, but even without that, the railroad鈥檚 profits grew.
FitzMark Acquires High Point Logistics, Pentonix Freight
FitzMark expanded its footprint in the freight brokerage sector by acquiring High Point Logistics and Pentonix Freight.
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While continuing to endure a stubbornly slow freight market recovery, the largest third-party logistics providers in North America also face a murky outlook for international trade.
Receptiveness to safety technologies depends on the specific technology and the understanding of it. Drivers tend to favor road-facing cameras but dislike cameras aimed at them.
Top 100/ Top 50
A unique ranking of the third-party logistics companies in North America includes listings of the largest freight brokerage firms, freight forwarders, warehouse operators and dedicated contract carriage service providers.
Key data on revenue and freight assets for the 50 largest global freight companies.
Retail giant Walmart ascends to No. 1 on this updated list of the largest private carriers in North America, ranked by number of tractors in operation.
Annual rankings provide an indispensable overview of the largest for-hire carriers in North America, along with timely analysis of trends shaping the industry.
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Profit at Old Dominion Freight Line fell in the first quarter of 2025 and executives say growing optimism for upcoming quarters has been squelched by macroeconomic uncertainty.
President Donald Trump鈥檚 tariffs on Chinese imports threaten to disrupt Southern California鈥檚 trade and logistics economy, a sector that moves a third of the nation鈥檚 container cargo.
Motive Analytics is an integrated data analysis tool that provides fleets with real-time responses and reports. It鈥檚 designed to be accessible to people regardless of their expertise
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