General News
Ford cites SUV demand as it lifts profit outlook
Ford posted earnings ahead of Wall Street estimates and raised its outlook for the second time this year on higher prices and strong sales of high-margin SUVs.
TFI advances toward autonomous semi rollout for U.S. LTL unit
TFI International envisions rolling out autonomous trucks as part of its U.S. less-than-truckload linehaul business in 2027, according to a key executive.
Ford shares hold gains as energy storage outlook faces test
Two months after Ford became the latest old-economy manufacturer to be swept up in the AI rally, investors are looking for proof the enthusiasm was justified.
TFI eyes further truckload OR improvement as market rebounds
The truckload unit again drove results at the Montreal-based carrier in the second quarter of 2026 as the freight market rebounded.
TFI weighs U.S. nonunion LTL acquisition
The carrier is looking into adding a nonunion LTL carrier for around C$200 million, or $142 million at current exchange rates, CEO Alain Bédard said.
Staged truck crashes would be federal crime under Senate bill
A Senate bill would make staged crashes into commercial motor vehicles a federal crime as New York trains investigators to prosecute these insurance fraud schemes.
GTT lifts LNG carrier order forecast as U.S. boosts investment
Demand for LNG carriers is expected to be strong over the next decade, driven by a surge in investment for new export terminals in the U.S. and other regions.
Ryder sees strongest sequential rental demand rise in 4 years
The second quarter of 2026 saw the strongest increase in truck and tractor rental demand in four years on a sequential basis, according to a key Ryder executive.
CMA CGM says transpacific revival boosts profit
CMA CGM reported higher second-quarter sales and profit as a rise in freight volumes offset new shipping capacity coming into the market and higher costs related to the war in the Middle Eas.
U.S. goods trade deficit narrows on drop in imports
The shortfall in goods trade declined 4.2% from the prior month to $101.5 billion. U.S. exports of goods fell 1.8%, led by a slide in industrial supplies, while imports dropped by 2.6%.
Coca-Cola raises guidance, buoyed by World Cup sales lift
Coca-Cola continues to gain traction among shoppers with a widening portfolio of beverages, including sugar-free soda, sports drinks and water, at a time when the industry has seen consumers turn away from traditional full-calorie soft drinks.
J.B. Hunt deploys agentic AI from incubator’s first startup
Overroute is the first startup to emerge from a joint venture freight and logistics technology incubator between J.B. Hunt and UP.Labs.
First Brands lawsuits seek to recoup billions
Creditors who’ve been stung time and again over the course of the past year are growing increasingly frustrated with the situation, people with knowledge of the matter said.
Sound-alikes Sysco, Cisco consider joint tech project
Employees at the technology giant find themselves repeatedly explaining that they work at the Cisco with a “C,” while staffers at the nation’s largest food distributor clarify that they’re employed by Sysco with an “S.”
Union Pacific, NS revise application to clinch merger
The companies pledged four new or expanded commitments in a filing July 27, including allowances for customers to seek temporary alternate rail service in the event of service declines.
Oil prices drop on hopes of renewed U.S.-Iran talks
Brent crude, the international standard, fell $1.35 to $84.52 a barrel. It was trading around $72 per barrel before the Iran war began in late February.
UPS raises outlook after shedding low-margin Amazon packages
Revenue will be about $91.2 billion this year, up from a prior forecast of $89.7 billion, UPS said July 28 in a statement as it reported quarterly results.
Trump praises GM and defends tariffs during Michigan visit
President Donald Trump argued that his economic policies have revived the auto industry and American manufacturing during a July 27 visit to Michigan.
Mack, VTNA lay out DEF derate software update schedules
Each Volvo Group unit said its flagship on-highway tractors began rolling off production lines in May with the updates already in place.
International eyes second San Antonio plant shift
International is investigating establishing a second production shift at its San Antonio assembly plant, a senior executive at parent company Traton Group said.