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UPS Purchases 400 Robots to Unload Trucks in Automation Push

UPS will invest $120 million in 400 robots used to unload trucks, according to sources, revealing new details on the logistics giant’s $9 billion automation plan that aims to boost profit.

December 15, 2025

Ford to Suffer $19.5 Billion Hit Tied to EV Reduction

Ford Motor Co. will take $19.5 billion in charges tied to a sweeping overhaul of its electric vehicle business after struggling for years to make it profitable.

December 15, 2025

How Uncertainty Defined Trucking in 2025

President Trump's aggressive approach to trade policy, alongside other market disruptions, left trucking looking for clarity on a market recovery, investments and equipment.

December 16, 2025

Highway Safety Emerged as a Bright Spot in 2025

2025 was marked by a sharpened focus on highway safety as well as potential challenges for the freight industry associated with tariffs and the economy.

December 17, 2025

Luminar Files for Bankruptcy After Losing Volvo Contract

Before filing for bankruptcy, Luminar struck an agreement with Quantum Computing to sell it the equity of its subsidiary, Luminar Semiconductor, for $110 million in cash.

December 15, 2025

Brad Jacobs to Step Down as Chairman of XPO and GXO

Brad Jacobs joined XPO in 2011 and built it into one of North America’s largest transportation companies before spinning off GXO in 2021 and RXO in 2022.

December 15, 2025

Tesla Share Price Nears Record High as AI Hopes Fuel Rally

It’s been a rocky comeback for Tesla, whose share price has more than doubled since it hit a low in early April amid a wider market meltdown sparked by President Trump’s tariff offensive.

December 15, 2025

Xi Warns Officials Against Superficial Economic Gains

Chinese leader Xi Jinping said officials should not only be assessed by the economic growth rate, but also their achievements in ensuring people’s well-being and maintaining stability.

December 15, 2025

China Turns Away Nvidia H200 Despite US Export Approval

“Apparently [China doesn't] want them, and I think the reason for that is they want semiconductor independence,” White House AI czar David Sacks said in an interview on Bloomberg Tech.

December 12, 2025

Ford Steps Up Tech to Thwart F-150 Pickup Thieves

Christian Moran of Ford Secure says, “Thieves do like to go after pickup trucks. They also like to go after the contents that are often in pickup trucks."

December 12, 2025