General News
Families of D.C. crash victims urge action on aviation safety
Loved ones of the 67 people who died last year when an airliner and Army helicopter collided over Washington urged Congress and regulators to do more to prevent similar tragedies.
Mexican trucking firm Traxion draws tender offer
A company linked to Grupo Traxion Executive President Aby Lijtszain Chernizky plans to launch a tender offer for as much as 100% of the Mexican logistics company’s shares.
Hub Group updates guidance, braces for stock delisting letter
David Yeager returned to the company as chairman and CEO, and Patrick O’Donnell has joined the company as a special adviser and chief financial officer-elect.
Tesla’s Semi tractor makes public debut in Europe
Tesla’s battery-electric Semi tractor made its European debut, bringing the OEM's challenge to established commercial vehicle manufacturers across the Atlantic.
Cummins debuts X15N engine in Europe
Cummins, which has offered the X15N in North America for the past two years, showcased the natural gas-powered version of its largest truck engine at IAA Transportation.
DTNA adding production line staff as truck demand rises
Freightliner is adding workers at its Saltillo, Mexico, manufacturing plant as production ramps up across North America, Daimler Truck CEO Karin Radstrom said.
Daimler Truck, Volvo push hydrogen-fueling ecosystem at IAA
Daimler Truck and Volvo Group are partnering with technology and energy companies to build out Germany's hydrogen fueling infrastructure.
Volvo pivots to long-range hybrid cars
Initially seen as a stepping stone to battery-only vehicles, plug-in hybrids are more popular as drivers demand more electric power to help offset surging fuel prices.
China, U.S. discuss cutting tariffs on agriculture, energy
The meetings between the two sides are also likely to result in an agreement to lower duties on Chinese inputs for manufacturers.
McLeod urges rate discipline as freight market rebalances
Tom McLeod said the industry is riding a rate rebound driven by the winnowing of excess hauling capacity that had contributed to a four-year rate recession.
Russia boosts oil flows as war sends prices soaring
The jump in flows comes just as oil prices are soaring again after drone strikes shut down Saudi Arabia’s East-West pipeline.
Maersk stock surges on higher freight rates
Disruptions in the Red Sea and Strait of Hormuz have benefited the container shipping industry by tying up vessel capacity and tipping the supply-demand balance in favor of shipowners.
Federal Reserve is expected to raise its benchmark rate
A quarter-point increase in the Fed's rate, currently about 3.6%, isn't guaranteed because Fed Chair Kevin Warsh doesn't provide the signals about next moves that his predecessors did.
Oil prices increase as war squeezes global flow of crude
Brent crude gained 0.3% to $106.94 a barrel. Prices for Brent and U.S. benchmark crude are up more than 50% since the Iran conflict began in late February.
China passes halfway point of U.S. soybean purchase promise
China has fulfilled more than half of its annual U.S. soybean purchase pledge, offering a bright spot for trade between the world’s two largest economies.
Saudi pipeline hit by drones will be out of service for weeks
The disruption threatens exports of 2.6 million to 4 million barrels daily, while Houthi gains along Red Sea routes boosted oil-supply concerns.
Traton teams with Red Hat for software operating platform
The platform will be deployed across Traton’s truck brands, including International, Scania, MAN and Volkswagen Truck & Bus.
Volvo Trucks electric lineup captures 2027 ITOY award
In recognizing the truck maker’s electric models, jurors cited extended range, broad applications, energy efficiency and operational flexibility.
Costco nearly doubles price for Kirkland motor oil
Costco's Kirkland Signature full-synthetic motor oil 5-quart two pack now costs around $58, well above the approximately $30 it had been selling for just last year.
LTL carriers benefit in Q3 from rebounding freight market
The weight of shipments transported by LTL carriers in the third quarter of 2026 kept rising as an ongoing freight market recovery boosts activity.