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August US Class 8 Retail Sales Fall 11.4% Year Over Year

U.S. Class 8 retail sales fell year over year in August, resuming a pattern after an anomalous July saw a first increase in 11 consecutive months.

September 12, 2024

Kroger Ups Full-Year Sales Forecast on Grocery Spending

Kroger Co. lifted its full-year sales guidance as the grocery-store operator benefits from consumers prioritizing spending on groceries and other essentials.

September 12, 2024

FMC Chairman Breaks Down Post-Pandemic Supply Chain

FMC Chairman Daniel Maffei said the COVID-19 pandemic brought heightened awareness to supply chain issues and revealed what was working — and what wasn’t — across global shipping lanes.

September 12, 2024

Industry Leaders Praise FLOW for Improving Freight Predictions

The transportation sector can better forecast freight trends when companies share information, according to stakeholders of an initiative aimed at facilitating that exchange.

September 12, 2024

Auditing Report Calls EU’s Hydrogen Targets Unrealistic

The European Union is likely to miss its hydrogen targets due to unrealistic goals “driven by political will” and needs a strategic plan, a financial watchdog says. 

September 12, 2024

GM in Talks to Buy Chinese Batteries Made in US by TDK

General Motors is in discussions to buy EV batteries that would use technology from China’s CATL and be assembled at a new plant slated to be built in the U.S., Bloomberg reports.

September 12, 2024

NHTSA Investigates Safety Issue Reported in VinFast Cars

A U.S. regulator has opened a preliminary investigation into some electric vehicles manufactured by Vietnam’s VinFast Auto Ltd. over a safety issue.

September 12, 2024

FTR: Truckload Spot Rates to Rise 6.5-7% in 2025

FTR Transportation Intelligence expects truckload spot rates to rise 6.5-7% in 2025, Vice President of Trucking Avery Vise said in a presentation.

September 12, 2024

GM, Hyundai to Explore New Vehicle Joint Development

General Motors is joining forces with South Korea’s Hyundai Motor Co. in a pact that may presage a deeper strategic relationship between the two major automakers to co-develop vehicles.

September 12, 2024

USPS Debuts New Mail Trucks Made by Oshkosh Defense

ATHENS, Ga. — The first handful of Next Generation Delivery Vehicles that rolled onto postal routes in August are getting rave reviews from letter carriers.

September 12, 2024