Daimler Truck does not expect to shutter any additional North American manufacturing plants as a consequence of plans to build its largest U.S. assembly facility.

Wesley Batista Filho will take over as global CEO in January after spending the past three years leading the company’s U.S. division.

The sweeping new demands from Trump are almost certain to be rejected by Iran and come after Tehran reiterated requests for reparations over the weekend.

FMCSA has proposed codifying English-language proficiency enforcement standards for commercial drivers.

Fewer owners are entering the Persian Gulf after attacks near Hormuz, tightening vessel supply and lifting benchmark earnings from about $200,000 before the war.

CEO Karin Radstrom said, “I think these penalties aren’t fair,” and Daimler Truck has “done its homework” by developing several emission-free truck models.

Foreign Minister Abbas Araghchi said a pact with Oman to establish a shipping route through the strait was “very close.” He ruled out direct talks with the U.S. for now.

Brent crude, the international standard, gained 1.4% to $84.68 per barrel. The prices are a reaction to the status of efforts to end the conflict in the Middle East remained uncertain.

Disruptions in the Strait of Hormuz and damage to Persian Gulf refineries, as well as a wave of Ukrainian attacks on Russian plants, have severely constrained exports from exporting regions.

A hidden, multibillion-dollar industry called third-party litigation financing is doing real damage to trucking, writes ATA Chairman Greg Hodgen.

Fleets are realizing that electric terminal tractors can reliably move trailers within logistics yards while generating measurable savings.

Rather than plan around a national transition to zero-emission trucks, fleets are weighing total cost of ownership, operational feasibility and customer expectations.

Elevated fuel prices have helped whittle away at truck capacity, which in turn has contributed to much-needed freight rate increases.

“Market fundamentals are improving as capacity continues to tighten, driven by regulatory enforcement and carrier exits,” CEO Shawn Stewart said.

Same-day data for publicly traded trucking and transportation stocks in the autonomous, truckload, less-than-truckload, package, logistics and leasing categories.

Led by an alleged Uzbek mastermind, a theft ring has been indicted for stealing $4.49 million in retail goods using information hacked from legitimate companies. 

Daimler Truck Chief Financial Officer Eva Scherer confirmed to investors and analysts that DTNA would only sell 2027 EPA-compliant engines.

Freight brokers have been weathering a dramatic shift in the legal and regulatory landscape. RXO is among the brokers that have navigated the upheaval by presenting their quality of service as a key differentiator.

Volkswagen should consider “every option” to usher in a turnaround, Porsche Automobil Holding said Aug. 7, its strongest plea yet for swift change.

The U.N.'s index of food-commodity prices rose 0.6% in July from the previous month, led by grain, sugar and vegetable oils, according to a report from the Food and Agriculture Organization.