General News
Walmart on Path to Trillion-Dollar Status After OpenAI Pact
Cracking the trillion-dollar threshold would vault Walmart into a rare group of stocks, one that remains overwhelmingly dominated by technology names.
DHL to Invest $349 Million to Expand Logistics in Africa
Most of DHL’s Africa operations, which include warehousing, packaging and supply chain management, are in South Africa, Egypt and Kenya.
Stellantis to Invest $13B to Expand US Operations
More than 5,000 new jobs will be spread across plants in Illinois, Ohio, Michigan and Indiana.
Volkswagen’s Scania Opens $2.3 Billion Truck Factory in China
Western heavy-duty vehicle makers’ efforts to gain a foothold in China have so far struggled with a lack of profitability amid local competition.
Oil Shippers Face Hefty Fees After China Port Levies
The Chinese fees, which were in a response to a similar move by Washington, have upended Asian oil trading as shippers and traders assess their exposure to charges.
Trump Threatens Cooking Oil Trade Ban With China
Cutting off cooking oil trade could have wide-ranging effects for the American heartland and in energy markets. Used cooking oil is a feedstock for biofuels such as renewable diesel.
Walmart Partners With OpenAI to Power ChatGPT Shopping
Users will be able to shop Walmart’s assortment directly on ChatGPT by clicking a “buy” button, said Daniel Danker, Walmart’s executive vice president of AI, product and design.
The CPI Might Lie — Blame the Shutdown
“Starting now, accuracy is getting worse,” Omair Sharif, president of Inflation Insights, said in an Oct. 9 interview, just over a week into the shutdown.
Maersk Opens Dallas-Area Facility, Eyes TL, LTL Expansion
The 100,000-square-foot plant is designed to process thousands of shipments weekly, serving the Dallas-Fort Worth metroplex and Maersk’s broader national network.
C.H. Robinson Unveils AI System for Drop Trailer Fleet
C.H. Robinson launched its AI-powered Asset Management System designed to bring real-time visibility and data-driven precision to one of the largest trailer networks in the U.S. freight market.
Trump, Milei Discuss Trade Deal at White House
The White House meeting came just days after the U.S. announced the $20 billion currency swap — meant to help shore up Argentina’s peso and calm financial markets in the South American nation.
Greer Says China Trade Tensions Could Subside Soon
“We’ve been pretty successful in finding a path forward with them in the past so we think we’ll be able to work through it,” Jamieson Greer said Oct. 14 in an interview with CNBC.
Decisiv Names Tim Hardin as CEO
Hardin was named president of the company earlier this year. He previously worked at Epicor, where he leveraged data analytics and artificial intelligence.
Carolina Renewable Products to Build $280M S.C. Plant
The project aims to provide a new renewable diesel source for Southeast fleets and shippers, tying fuel production to the region’s forestry economy and adding 155 jobs.
Kentucky — and Its Ford Plant — on Front Lines of Trade War
Sen. Rand Paul (R-Ky.) says constituents tell him "tariffs are killing the bourbon industry" and "the cargo transport industry."
Trucking Celebrates Crucial Work of Truck Drivers During NTDAW
The trucking industry and its partners celebrated professional truck drivers during the 37th annual National Truck Driver Appreciation Week in mid-September.
International Motors Q3 Truck, Bus Sales Drop 57%
International Motors sold 13,400 trucks and buses in the third quarter of 2025, a 57% decrease compared with 31,500 sales in the year-ago period, parent company Traton Group said Oct. 10.
Trump Port Fees Start Today With Cosco Hit Hardest
Cosco Shipping, already expected to report weaker third-quarter earnings, could face an additional $1.5 billion to $2.1 billion in fees in 2026.
Michelin’s North American Sales Drop on Slow Truck Demand
Sales in North America slumped close to 10% during the third quarter, dragged down by slower demand for trucks and heavy-duty vehicles used in agriculture, Michelin said.
Paccar, Dragonfly Energy Study Battery-Based Idle Reduction
The companies say the collaboration is focused on helping fleets improve efficiency, driver comfort and reliability.