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UPS Settles With SEC Over Freight Business Valuation

UPS has reached a $45 million settlement with the Securities and Exchange Commission over claims made by the agency that the carrier improperly valued its freight business in financial results reporting.

November 22, 2024

How AI Is Shaping the Next Generation of TMS Development

Transportation management systems are beginning to integrate artificial intelligence to unlock new levels of automation, improve decision-making and enable greater configurability.

November 22, 2024

A Cybersecurity Playbook for Trucking in 2025

With another year of hacker break-ins looming before us, now is a great time to evaluate cybersecurity for your trucking business to ensure that you鈥檙e using the latest technology to keep cybercriminals at bay.

November 22, 2024

TMS Software Providers Tailor Offerings to Meet Fleets' Needs

In an industry as diverse as freight transportation, the operational needs and priorities of one trucking business can vary drastically from those of the next.

November 22, 2024

Bosch to Cut 5,500 Jobs as Auto Industry Slump Deepens

Parts supplier Robert Bosch GmbH plans to cut 5,500 jobs globally, mainly in Germany, as the car industry鈥檚 woes ripple through the supply chain.

November 22, 2024

TMS Products for Freight Brokerages Focus on Efficiency

Transportation management systems have evolved to address the specific pain points of freight brokers as they bridge shippers鈥 needs with carrier capacity.

November 22, 2024

With I-40 Closed, Truckers Find Mountain Roads Tricky

The closure of Interstate 40 through the Pigeon River Gorge after Hurricane Helene has created challenges for some tractor-trailer drivers going between North Carolina and Tennessee.

November 22, 2024

Exxon Could Jointly Develop Natural Gas Deposits Off Cyprus

NICOSIA, Cyprus 鈥 Exxon Mobil could partner with a consortium composed of Eni of Italy and Total of France to jointly develop gas deposits close to each other off Cyprus鈥 southern coast.

November 22, 2024

Northvolt CEO Peter Carlsson Quits After Bankruptcy Filing

Northvolt AB CEO Peter Carlsson is stepping down as the Swedish battery maker embarks on a restructuring under bankruptcy court protection.

November 22, 2024

Automakers Urge Trump to Ease Fuel Efficiency Rules

An auto trade group asked U.S. President-elect Donald Trump to ease requirements on making vehicles more fuel efficient and to protect the industry from 鈥渦nfair鈥 practices by China.

November 21, 2024