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NEW YORK — Amazon founder Jeff Bezos stepped down as CEO on July 5, handing over the reins as the company navigates the challenges of a world fighting to emerge from the coronavirus pandemic.

Daimler AG and Jaguar Land Rover became the latest carmakers to warn of crimped sales as a result of the global semiconductor shortage, with the latter flagging that deliveries in the second quarter will be 50% worse than initially thought.

OPEC+ infighting has deprived the oil market of extra supply and sent crude surging to a six-year high in New York.

A giant containership that had blocked Egypt’s Suez Canal for nearly a week earlier this year will be released on July 7 following an agreement between authorities and the vessel’s owners, the canal operator said July 4.

Class 8 orders in June cleared 25,000 and bounced 61% higher than those placed a year earlier in the pandemic, ACT Research reported, citing truck makers’ preliminary data.

Daimler AG, Volvo AB and Traton SE plan to set up a joint venture for a high-performance charging network for battery-electric trucks and coaches across Europe to keep up with tightening regulation in the European Union.

Can a concerted outreach campaign convince more motor carriers to voluntarily embrace proven safety technologies, or will it take a potential regulatory mandate to drive adoption rates?

Think your company deserves a spot on our prestigious 2021 Private Carriers rankings? Or perhaps on one of our sector lists?

Trucking and oil industry experts are warning of possible delays in fuel deliveries during the peak of the summer driving season as the pinch from the driver shortage — particularly among tanker truck drivers — could slow down service to fueling stations.

In an effort to boost multimodal freight transportation, Kentucky Gov. Andy Beshear announced $2.5 million in awards to improve at-grade rail crossings.