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China’s Pony AI Eyes Profitability With Robotaxi Growth

Pony AI’s report on its first full quarter as a publicly traded company will have investors homing in on how a new generation of robotaxis could put the firm on a path to profitability.

May 19, 2025

KAG Canada Buys Milk, Bulk Liquids Carrier Fisher Transport

Kenan Advantage Group inked its third acquisition of 2025 on May 16 as KAG Canada bought liquid bulk carrier Fisher Transport for an undisclosed sum.

May 19, 2025

JBS Vote Spurs SEC Probe Request From Rand Paul

Shareholders in Brazil’s JBS, which has beef, chicken and pork operations stretching from Colorado to New Zealand, will meet on May 23 to vote on the plan to sell shares in New York.

May 19, 2025

Fed Signals No Rate Cuts Before September

Two Federal Reserve officials, including New York Fed chief John Williams, suggested policymakers may not be ready to lower interest rates before September.

May 19, 2025

States Offer Business Opportunities Amid Tariff Turbulence

American and foreign companies can ride out federal tariff uncertainties by seeking business stability in states with favorable regulations, taxation policies and economic incentives.

May 19, 2025

Nippon Steel Plans to Invest in US Steel, Reuters Says

Nippon Steel plans to invest $14 billion in U.S. Steel if the Trump administration approves the merger of the companies, Reuters reported.

May 19, 2025

TMS Suppliers Prepare for AI Implementation

Suppliers of transportation management systems are building connections with virtual agents and assistants powered by AI while also investing in their own AI features.

May 23, 2025

Saddle Creek Logistics to Lay Off 54 in Virginia

Saddle Creek Logistics plans to lay off 54 employees at its facility in South Richmond, Va., as freight shipping worldwide slows down because of uncertainty over tariffs and the economy.

May 19, 2025

Canada Says Most Tariffs on US Remain, Contradicting Report

Canada’s finance minister said the government kept 25% retaliatory tariffs on U.S. goods, disputing an Oxford Economics report that suggested it had paused the vast majority of those levies.

May 19, 2025

How AI Could Help Streamline Logistics Operations

As artificial intelligence continues to advance, technology developers are beginning to introduce AI-powered virtual agents and assistants that could change how logistics work is done.

May 18, 2025