General News
Continued Weak Demand Propels Wabash to First-Quarter Loss
Wabash's financials declined in the first quarter of 2026 as a result of weak demand, and the trailer manufacturer does not expect a material upturn until 2027.
Amazon Expands Logistics Network to Outside Businesses
The service gives businesses access to logistics capabilities Amazon developed to support its own retail operations and independent sellers.
Tyson Boosts Outlook as Protein Demand Offsets Beef Pain
While Tyson’s adjusted earnings for the quarter beat analyst estimates, the company now expects its beef segment to lose $350 million to $500 million in 2026.
MSC Plans Route That Avoids Strait of Hormuz
MSC plans a new service linking Europe with isolated Middle East ports, using trucking across Saudi Arabia and smaller vessels in the Persian Gulf.
RV Suppliers Patrick, LCI Terminate Merger Discussions
Recreational vehicle suppliers LCI Industries and Patrick Industries terminated discussions over a potential merger.
Unlocking AI’s Full Supply Chain Potential Hinges on Data Connectivity
Today’s supply chains run on connected data, yet information often remains fragmented across systems. Penske’s Supply Chain Insight helps teams act faster with a clearer, more unified view.
OPEC+ Nations Agree to Modest Rise in Production
The commitment from the seven countries to raise production by 188,000 barrels a day comes after a virtual meeting they held April 3.
Oil Prices Climb as Iran Weighs Latest US Offer on Hormuz
The price of a barrel of Brent crude, the international standard, jumped $2.23 to $110.40 a barrel.
Perspective: Inches Matter for Trucks in Work Zones
Driving through work zones can be tricky — especially for professional truck drivers pulling 53-foot trailers, writes Asynt Solutions' Archie Scott III.
Fleets Deploy AI to Enable In-Cab Driver Coaching
Rather than relying heavily on after-the-fact video review of drivers, fleets are increasingly using AI to process video and telematics inside the truck itself.
Schneider's Rourke Optimistic Freight Upcycle Has Taken Hold
Schneider CEO Mark Rourke expressed optimism that the freight upcycle has finally taken hold while reporting first-quarter results April 30.
Ohio Seeks Charges Against Trucker Accused of Toll Evasion
An Illinois trucker has been indicted for grand theft in Ohio for allegedly failing to pay nearly $22,000 in turnpike tolls. He may lose his Freightliner, too.
Trump Says He's Still Considering Deal for Spirit Airlines
President Donald Trump said the federal government was still looking at a rescue plan for Spirit Airlines and would offer a final proposal.
Trump Says US to Raise Tariff Rate on EU Cars, Trucks to 25%
President Donald Trump claimed that the EU had failed to fully comply with a trade agreement negotiated with the U.S.
Spirit Airlines Is Reportedly Preparing to Shut Down
Spirit Airlines is preparing to cease operations after bailout talks with the U.S. government failed, the Wall Street Journal reported.
US Manufacturing Holds Up as Costs Gauge Hits Four-Year High
The Institute for Supply Management’s gauge of prices paid for manufacturing inputs climbed for a fourth straight month to a four-year high of 84.6.
Oil Prices Up 9% for the Week
The price for a barrel of Brent crude, the international standard, fell 2.2% to $107.96 on May 1, trimming its gain for the week to roughly 9%.
Nissan Cancels Plan to Build Electric SUVs in Mississippi
Nissan expects to build a V6 engine-powered hybrid version of its Xterra SUV at its Canton, Miss., plant.
First Brands Creditor Sues Auditor BDO Over Missed Red Flags
Funds managed by Black Diamond Capital Management said in an April 29 lawsuit that BDO’s audits did not comply with generally accepted auditing standards.
Exxon, Chevron Beat Profit Estimates on War-Driven Oil Rally
Exxon Mobil and Chevron exceeded profit expectations as higher oil and natural gas prices outweighed production outages from the Iran war.