General News
Truck Driver Recruitment and Retention Face Q2 Headwinds
The Q2 2025 Driver Recruiting and Retention Data Download report found that the pool of truck drivers declined in the second quarter even as the number of job postings grew.
Thyssenkrupp Cuts Outlook as Loss Deepens on Weak Demand
Revenue is projected to decline by as much as 7% this year, so the manufacturer is paring back investments and pledged continued cost cuts.
Producer Prices Surge in July as Tariffs Push Costs Higher
The Labor Department reported Aug. 14 that PPI rose 0.9% last month from June, the biggest jump in more than three years. Compared with a year earlier, wholesale prices rose 3.3%.
Deere Falls as Struggling Farmers Delay Machinery Rebound
The world’s biggest farm machinery maker pared its full-year earnings outlook with lower grain prices curbing farmers’ spending.
Tariff Confusion Drives Record Volume at Los Angeles Port
The spike in July was due to traders rushing to front-load their cargo to be able to reach U.S. stores before Trump’s import duties take effect, said Executive Director Gene Seroka.
Outpost Unveils New Gate Automation Platform
The platform uses computer vision and artificial intelligence to cut costs, improve yard security and automatically capture more gate events with auditable data.
JBS Sees Bigger Beef Toll on Profit Amid Cattle Shortage
The smallest U.S. cattle herd in decades is taking a big toll on profit at JBS NV, driving deepening losses at its largest operation.
ATA Asks EPA to Delay Emissions Rule
"With prolonged weakness in freight demand and inflationary cost pressures, the rule’s 2027 implementation timeline threatens to intensify strain across our industry," ATA said.
GE Appliances Shifts More Production to US
GE Appliances plans to shift production of refrigerators, gas ranges and water heaters out of China and Mexico as part of a more than $3 billion investment to expand its U.S. operations.
Record 15 Women Will Be Among Field of NTDC Drivers
NTDC stalwart and XPO driver Ina Daly will be among a record 15 women competing at the National Truck Driving Championships and National Step Van Driving Championships in Minneapolis.
Performance Food Sees ‘No Basis’ to Engage With US Foods
Last week, US Foods urged Performance Food to accept its invitation to explore a merger.
Most Diesel Repair Shops Understaffed Last Year, ATRI Finds
A scarcity of diesel technicians facing career obstacles is a widening concern for a trucking industry that depends on them, according to a new American Transportation Research Institute report.
Fleet-Tracking Startup Motive Picks JPMorgan for US IPO
The startup is generating about $500 million of annualized recurring revenue from its more than 100,000 customers.
Venture Global Confident It Will Win Other LNG Cases
Venture Global on Aug. 12 said it won arbitration proceeding with Shell related to the timing of contractual shipments from the Calcasieu Pass plant.
Tesla Hints at NYC Ride-Hailing With Autopilot Job Posting
A new job listing in Tesla’s Autopilot operations seeks a driver for a prototype vehicle that would gather data for as much as eight hours a day.
Mitsubishi to Invest $600 Million in Hudbay Copper Project
Demand for copper is poised to surge in the coming decades, driven by the rollout of electric vehicles, renewable energy projects and data centers.
Amazon to Offer Same-Day Grocery Deliveries in 2,300 Cities
Amazon’s expansion of same-day delivery suggests the company believes it can shift more food spending online.
Chevron-Phillips Venture CPChem Cuts 130 Jobs
The CPChem cuts primarily involve corporate roles including information technology, supply chain management and logistics rather than chemical plants, according to people familiar with the matter..
Pony AI Nears Goal of 1,000 Robotaxis
The Guangzhou-headquartered firm’s optimism comes as it eyes new markets in Europe. Road testing is being carried out in Luxembourg.
US July Tariff Revenue Jump Fails to Stop Wider Budget Gap
U.S. tariff revenue reached a fresh monthly record in July, though the increase wasn’t enough to prevent a widening in the monthly budget deficit.