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Scott McPherson to Succeed George Holm as PFG CEO

The move comes less than one month after Richmond, Va.-based PFG and US Foods called off talks for a planned merger that would have reshaped the food service carrier arena.

December 19, 2025

FedEx Posts Higher Earnings as Spinoff Plans Advance

The results hovered around expectations by investment analysts on Wall Street, which had been looking for $4.07 per share and quarterly revenue of $22.88 billion.

December 19, 2025

Averitt Expands Dedicated Unit to Include Tanker Operations

Averitt Express added dedicated tanker truck services to its logistics offerings for bourbon distilleries, expanding its long-standing role in supporting the industry.

December 19, 2025

Toyota to Sell Made-in-America Cars in Japan to Please Trump

The Camry sedan, Highlander SUV and Tundra pickup truck will go on sale in Japan from 2026, Toyota said Dec. 19. The vehicles are produced in Kentucky, Indiana and Texas, respectively.

December 19, 2025

Sterling Anderson Is Front-Runner to Succeed GM's Mary Barra

Anderson joined the company as chief product officer in June after working for Tesla and co-founding Aurora Innovation. His job is to bring cutting-edge software and self-driving tech to GM cars.

December 18, 2025

LTL Market Disappoints in 2025

LTL was something of a latecomer to the downturn, with the August 2023 demise of the then-No. 3-ranked LTL player Yellow shielding its peers from excessive headwinds.

December 18, 2025

Class 8 Sales Fall Below Prior Year for Fifth Straight Month

U.S. Class 8 retail truck sales hit their fifth consecutive month of year-over-year declines in November, according to data from Omdia Automotive.

December 18, 2025

Uber Safety Chief to Depart in Latest Executive Shake-Up

Gus Fuldner's departure sets off a second round of executive changes this year at a time when the rideshare giant is being scrutinized in court over the measures it takes to protect riders.

December 18, 2025

Struggling CarMax Reports Lower Used Car Sales

“It is clear CarMax needs change,” interim CEO David McCreight said. The used car retailer terminated its former CEO William D. Nash at the start of December.

December 18, 2025

Rush Enterprises CEO Outlines Path to Recovery

Rush Enterprises founder and CEO W.M. “Rusty” Rush sees positive signs in the spot rate market, but don't expect a complete turnaround for trucking just yet.

December 18, 2025