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Volvo Trucks Receives Order for 185 VNLs From Koch Trucking

Volvo Trucks North America has landed a 185-unit order from Koch Trucking for the newly launched Volvo VNL 860.

December 16, 2025

Phillips 66 CEO Says Big Pipeline Project Has Strong Support

U.S. federal and state officials are lining up with the oil industry to support a plan by Phillips 66 and Kinder Morgan to deliver gasoline to California.

December 16, 2025

US Threatens to Strike Back Against EU Firms for Digital Tax

The Trump administration threatened retaliation against the European Union in response to efforts to tax American tech companies, singling out prominent firms.

December 16, 2025

Kraft Heinz Changes CEO Before Split Into 2 Companies in '26

Kraft Heinz named a new CEO, with former Kellanova CEO Steve Cahillane set to take over from Carlos Abrams-Rivera on Jan. 1, ahead of the company's planned split into two separate food giants.

December 16, 2025

Transportation Jobs Fall as Broader Labor Market Cools

Transportation and warehousing employment fell by 8,000 jobs in November and is down 78,000 jobs since its February peak, according to the BLS Employment Situation report for November.

December 16, 2025

Europe Backs Away From Total Combustion Engine Ban

Under the new proposal, tailpipe emissions will have to be reduced by 90% by the middle of the next decade compared with the current goal of a 100% reduction.

December 16, 2025

Amazon to Lay Off 370 at European HQ Amid Global Cuts

The terminations are Luxembourg's largest in at least two decades and a speed bump in the mutually beneficial relationship between Amazon and the tiny country.

December 16, 2025

October Retail Sales Show Mixed Consumer Picture

Motor vehicles fell 1.6%, held down in part by the expiration of federal tax incentives on electric vehicles. Cheaper gasoline prices held down the value of gas station receipts.

December 16, 2025

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