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Updated: 2 hours 17 min ago

Oil Prices Retreat as Hormuz Remains Largely Closed

Tue, 05/05/2026 - 09:13
The price for a barrel of Brent crude, the international standard, fell 2.7% to $111.43.

Hino Launches Classes 6-7 Battery-Electric Truck

Tue, 05/05/2026 - 08:50
The Le Series is available in both 25,950-pound and 33,000-pound configurations. Production is scheduled to begin in the third quarter of 2026.

US Trade Gap Widened in March as Imports Outpaced Exports

Tue, 05/05/2026 - 08:31
The gap in goods and services trade grew 4.4% from the prior month to $60.3 billion, Commerce Department data showed May 5.

ADM Raises Profit Outlook as US Biofuel Policy Boosts Demand

Tue, 05/05/2026 - 08:04
ADM shares were up 1% in premarket trading. The stock has climbed more than 30% so far this year, bolstered by optimism for policies that increase the use of biofuels. 

Anheuser-Busch InBev Reports Unexpected Rise in Beer Demand

Tue, 05/05/2026 - 07:28
The world’s largest brewer reported a 0.8% rise in organic volume growth in the first quarter, with beer up by 1.2% according to a statement May 5. 

MicroVision Expands Lidar Portfolio After Two Acquisitions

Mon, 05/04/2026 - 16:27
MicroVision is expanding its portfolio of lidar sensors and perception software to support advanced driver-assistance systems and autonomous driving.

Mack Doubles Battery-Electric Infrastructure Program Size

Mon, 05/04/2026 - 16:05
ABM and Lane Valente Industries will join InCharge Energy and Heliox as turnkey solutions providers supporting Mack’s battery-electric models.

Universal Logistics Posts Q1 Loss After Slow Start to Year

Mon, 05/04/2026 - 13:19
Universal Logistics Holdings experienced a slow start to the year that dragged on overall first-quarter results, the company reported May 1.

Saia Reports Mixed Operating Metrics in Q1

Mon, 05/04/2026 - 12:23
Saia's operating revenue increased 2.4% to $806.2 million from $787.6. The operating ratio ticked up, increasing 60 basis points to 91.7 from 91.1.

DOJ Confirms Antitrust Probe of Beef Processors

Mon, 05/04/2026 - 12:09
The use of so-called alternative marketing agreements between cattle feedlots and meatpackers, instead of open auctions, has long drawn scrutiny.

DOT Awards $774 Million for Port Infrastructure Projects

Mon, 05/04/2026 - 12:04
The Department of Transportation has awarded $774 million in port infrastructure grants, with Alaska, Texas and Florida gaining the highest amounts.

EU Seeks US Trade Talk on Trump Tariff Threats

Mon, 05/04/2026 - 11:43
Europe is ready to respond should President Donald Trump follow through on his threat to raise tariffs on cars and trucks from the European Union to 25%.

Steady Wins the ROI Race

Mon, 05/04/2026 - 11:00
In the trucking industry, speed still dominates performance conversations. Consistency is the better measure. A truck that runs the same timetable every trip is worth more to a fleet than one that runs fast on its good days. Inconsistency breaks plans, erodes margins, and strains customer relationships. Especially in a tight market, consistency is what separates fleet value from fleet activity

XPO Posts Record Q1 Earnings as OR Improves

Mon, 05/04/2026 - 10:47
XPO’s North American LTL adjusted OR improved 200 basis points year over year to 83.9. Total revenue increased 7.3% to $2.1 billion from $1.95 billion.

US Is Oil Supplier of Last Resort as Strait Troubles Worsen

Mon, 05/04/2026 - 10:09
But U.S. domestic inventories are quickly depleting, and America’s oil producers are struggling to keep up. 

Continued Weak Demand Propels Wabash to First-Quarter Loss

Mon, 05/04/2026 - 09:49
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

Mon, 05/04/2026 - 09:20
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

Mon, 05/04/2026 - 09:06
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

Mon, 05/04/2026 - 08:27
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

Mon, 05/04/2026 - 08:04
Recreational vehicle suppliers LCI Industries and Patrick Industries terminated discussions over a potential merger.

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