Uncertainty continues to cloud the retail sales and orders outlook for truck makers for the rest of 2025, according to observers.
May 27, 2025Search
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Justin Olsen, maintenance director at TCW, breaks down the hidden impact of poor trailer management on operations, compliance and safety.Â
Software Logistics Giant WiseTech Buys E2open for $2.1B
Australian shipping software company WiseTech Global made its biggest ever acquisition, agreeing to buy E2open Parent Holdings in a deal that values the U.S. firm at $2.1 billion.
May 27, 2025Volvo Cars to Cut 3,000 Jobs to Reduce Cost
Sweden-based Volvo Cars is eliminating 3,000 positions as part of a cost-cutting program as the auto industry faces challenges from trade tensions and resulting economic uncertainty.
May 27, 2025Trump Signals He’ll Approve Nippon Bid for US Steel
President Donald Trump said U.S. Steel will keep its headquarters in Pittsburgh in a possible signal that he’ll approve a bid by Japan-based Nippon Steel to invest in the steelmaker.
May 27, 2025Trump Says He’ll Delay Threatened EU Tariff Until July
President Donald Trump said May 25 that the U.S. will delay implementation of a 50% tariff on goods from the European Union from June 1 until July 9 to buy time for negotiations with the bloc.
May 27, 2025Economic Factors Bombard Truck Makers From All Angles
Multiple adverse factors contributed to a much rougher three months for truck manufacturers in the first quarter of 2025 than was expected at the turn of the calendar year.
May 23, 2025JBS Overcomes Backlash to Secure NYSE Debut
The Brazilian company’s reorganization plan that has been years in the making received the votes it needed from minority shareholders at a meeting in Sao Paulo, JBS said in a filing.
May 23, 2025Volvo Cars CEO Insists R&D Direction Not Shifting to China
“People worry Geely will centralize R&D in China. That’s a misunderstanding,” Hakan Samuelsson said. “There’s no such plan, and Chinese operations are also cutting costs.”
May 23, 2025Pacific Coast Highway to Reopen Near Malibu After Fires
An iconic Southern California stretch of the Pacific Coast Highway, closed to outsiders since January’s devastating Palisades Fire, will reopen May 23 in advance of Memorial Day weekend.
May 23, 2025Pershing Square Buys Amazon Stake After 31% Stock Price Drop
Bill Ackman’s Pershing Square Capital Management built a new stake in Amazon, noting that the investor acquired shares at an “extremely attractive” price.
May 23, 2025