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GXO Logistics Reports Q1 Revenue Increase to Nearly $3 Billion
GXO Logistics experienced an increase in revenue but a loss in earnings during the first quarter of 2025, the company reported May 8.... Read more
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Trump Hints at Tariff Rollback if China Talks Succeed
Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer are set to meet in Switzerland with Chinese Vice Premier He Lifeng on trade in the coming days.... Read more
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Forward Air Reports Revenue Growth, Smaller Net Loss in Q1
Forward Air Corp. experienced a year-over-year increase in revenue and a smaller net loss amid efforts to improve operations during the first quarter of 2025, the company reported May 7.... Read more
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Food and Beverage Fleets Adopt Sustainable Practices
Private fleets operating in the food and beverage sector are demonstrating effective use cases for electric-powered trucks, electric transport refrigeration units and alternative fuels.... Read more
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Inflation Expectations Hit Nearly 3-Year High
Median expectations for inflation three years from now rose to 3.2% in April, the highest reading since July 2022. Estimates for year-ahead price growth, however, held steady.... Read more
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US Imports Slow as Trump Tariffs Ripple Through Supply Chain
The slowdown of U.S. imports due to tariffs is expected to have downstream effects on the rest of the supply chain, including trucking, according to experts.... Read more
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Used Class 8 Truck Sales Rise in March as Prices Slip
Used Class 8 truck sales for March increased on a year-over-year basis, but prices declined amid shifting market conditions, ACT Research reported.... Read more
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Class 8 Truck Orders Fall 52% During April
Preliminary data showed orders decreased 52.1% year over year to 7,600 units from 15,850. They also fell 53.9% sequentially when compared to the 16,500 units in March.... Read more
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Transportation and shipping reported as second most targeted sector
Trellix's CyberThreat Report shows that transportation and shipping garnered 36% of the advanced persistent threat detections...... Read more
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Volvo Autonomous TaaS Product to Be Known as Autona/freight
Volvo Autonomous Solutions’ rollout of its transport-as-a-service offering ramped up a couple of notches in recent days.... Read more
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Trade policies and consumer caution keep pressure on trucking and shipping rates
Freight carriers face ongoing pressures as tariffs and soft demand delay a broader market recovery.... Read more
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Snap-on Pro-Link+ Diagnostic System Offers OEM Coverage, Code-Based Troubleshooting
Snap-on says its new Pro-Link+ combines hardware and software for a complete code-based diagnostic and repair platform for all makes of trucks.... Read more
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Toyota Sees $1.3 Billion Profit Hit in Two Months on Tariffs
Toyota said U.S. tariffs will result in a $1.3 billion hit to operating income in just two months, with the carmaker joining a growing list of companies grappling with the trade turmoil.... Read more
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Maersk Cuts Global Container Market Outlook on Tariff War
A.P. Moller-Maersk, the Danish container giant, lowered its forecast for the global transport market rattled by President Donald Trump’s trade war.... Read more
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US and UK are Set to Announce Trade Deal
The U.S. and Britain are expected to announce a trade deal that will lower the burden of President Donald Trump’s sweeping tariffs.... Read more