General News
US Poised to Receive Golden Share in US Steel-Nippon Tie-Up
The U.S. government is poised to receive a so-called golden share in U.S. Steel as a condition for approving Nippon Steel's proposed acquisition of the American company.
Leasing Models Offer Fleets Cost Control Options
Fleet operators weigh full-service versus unbundled truck leasing as costs, maintenance risks and life cycle management shape decisions.
Three More Years of Clean Truck Fees Approved at Port of LA
The Port of Los Angeles will continue to collect a $10 clean truck fund fee for the next three years. But at least two harbor commissioners indicated it warrants a closer look going forward.
Sysco Helps Restaurants Caught in Trade War
Restaurant supplier Sysco is coaching eateries on substitutes for imported ingredients hit by President Donald Trump’s tariffs.
Uncertainty Clouds Truck Retail Sales Outlook for Rest of 2025
Uncertainty continues to cloud the retail sales and orders outlook for truck makers for the rest of 2025, according to observers.
Software Logistics Giant WiseTech Buys E2Open for $2.1B
Australian shipping software company WiseTech Global made its biggest ever acquisition, agreeing to buy E2open Parent Holdings in a deal that values the U.S. firm at $2.1 billion.
Volvo Cars to Cut 3,000 Jobs to Reduce Cost
Sweden-based Volvo Cars is eliminating 3,000 positions as part of a cost-cutting program as the auto industry faces challenges from trade tensions and resulting economic uncertainty.
Trump Signals He’ll Approve Nippon Bid for US Steel
President Donald Trump said U.S. Steel will keep its headquarters in Pittsburgh in a possible signal that he’ll approve a bid by Japan-based Nippon Steel to invest in the steelmaker.
Trump Says He’ll Delay Threatened EU Tariff Until July
President Donald Trump said May 25 that the U.S. will delay implementation of a 50% tariff on goods from the European Union from June 1 until July 9 to buy time for negotiations with the bloc.
Crossword Puzzle Solution for May 26, 2025
Here's the solution to the crossword puzzle found in the May 26, 2025 print edition.
Samsara Partners With Rivian to Aid Fleet Management
Telematics vendor Samsara is teaming up with electric vehicle manufacturer Rivian, the companies said May 20.
Economic Factors Bombard Truck Makers From All Angles
Multiple adverse factors contributed to a much rougher three months for truck manufacturers in the first quarter of 2025 than was expected at the turn of the calendar year.
JBS Overcomes Backlash to Secure NYSE Debut
The Brazilian company’s reorganization plan that has been years in the making received the votes it needed from minority shareholders at a meeting in Sao Paulo, JBS said in a filing.
Volvo Car CEO Insists R&D Direction Not Shifting to China
“People worry Geely will centralize R&D in China. That’s a misunderstanding,” Hakan Samuelsson said. “There’s no such plan, and Chinese operations are also cutting costs.”
From Crickets to Click-Throughs
These days, YouTube has expanded to offer tools that enable companies to personalize their content, cash in on the podcast frenzy, facilitate in-video purchasing and more.
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.
Pacific Coast Highway to Reopen Near Malibu After Fires
An iconic Southern California stretch of the Pacific Coast Highway, closed to outsiders since January’s devastating Palisades Fire, will reopen May 23 in advance of Memorial Day weekend.
Pershing Square Buys Amazon Stake After 31% Stock Price Drop
Bill Ackman’s Pershing Square Capital Management built a new stake in Amazon, noting that the investor acquired shares at an “extremely attractive” price.
Trump Threatens 50% Tariff on EU as Trade War Intensifies
President Donald Trump on May 23 threatened a 50% tax on all imports from the European Union as well a 25% tariff on Apple products unless iPhones are made in America.
Steelworkers Head Urges Trump to Reject Nippon Bid
The comments are likely a final salvo from David McCall, who has stood in opposition of U.S. Steel’s proposed sale to the Japanese suitor since the deal was announced in December 2023.