General News
Anheuser-Busch InBev Reports Unexpected Rise in Beer Demand
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
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
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
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
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
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
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
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
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
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
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
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.