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Fleet

U.S. goods trade deficit shrinks 4.2% in June as imports tumble

July 28, 2026 by Marcus Webb

The U.S. goods trade deficit narrowed by 4.2% in June to $101.5 billion, driven by a 2.6% drop in imports that outpaced a 1.8% decline in exports, according to Commerce Department data released July 28, 2026. The shortfall fell from…

Categories Parts & Suppliers Tags Fleet

J.B. Hunt deploys agentic AI from incubator’s first startup to streamline freight operations

July 28, 2026 by Marcus Webb

J.B. Hunt Transport Services has rolled out agentic artificial intelligence across all its business units to automate load coordination and smooth freight movement. The AI tool, developed by Overroute—the first startup from the Logistics Venture Lab incubator co-founded by J.B.…

Categories Parts & Suppliers Tags Concept cars, Fleet

Union Pacific and Norfolk Southern revise merger application with new customer protections

July 28, 2026 by Marcus Webb

Union Pacific and Norfolk Southern have filed a revised merger application with U.S. regulators, introducing four new or expanded customer protections to advance the review of their proposed $85 billion deal. The updated filing, submitted on July 27, 2026, aims…

Categories Parts & Suppliers Tags Fleet

UPS Raises Outlook After Shedding Low-Margin Amazon Packages

July 28, 2026 by Marcus Webb

UPS has raised its 2026 revenue forecast to about $91.2 billion, up from a prior forecast of $89.7 billion, after shedding low-margin Amazon packages. The company reported second-quarter adjusted earnings of $1.76 per share, exceeding analyst estimates. The stronger outlook…

Categories Parts & Suppliers Tags Fleet

Michelin reports steady first-half earnings despite lower sales

July 28, 2026 by Marcus Webb

Michelin has posted flat first-half earnings for 2026, with group sales declining 2.6% year-on-year to €12.69 billion in the six months ended 30 June. Segment operating income totalled €1.446 billion, or 11.4% of sales, compared with €1.452 billion, or 11.1%…

Categories Parts & Suppliers Tags Fleet, Market, Michelin

International Eyes Second San Antonio Plant Shift

July 28, 2026 by Marcus Webb

International Motors is considering a second production shift at its San Antonio assembly plant due to increasing demand and product initiatives. The company’s truck orders rose 209% year over year in the second quarter to 22,924 vehicles, and it reported…

Categories Parts & Suppliers Tags Commercial trucks, Fleet, Market

Amerit acquires Kirk NationaLease and Truck & Trailer Parts Solutions, expanding U.S. fleet maintenance network

July 28, 2026 by Marcus Webb

Amerit Fleet Solutions has acquired Kirk NationaLease and Truck & Trailer Parts Solutions (TTPS), adding 19 repair facilities across the United States. The deals, announced on July 23, 2026, expand Amerit’s fleet maintenance network, technician workforce, and service capabilities, reinforcing…

Categories Parts & Suppliers Tags Fleet

U.S. to Lift Screwworm Ban on Mexican Cattle

July 28, 2026 by Marcus Webb

The U.S. Department of Agriculture (USDA) will begin a phased reopening of Mexican cattle imports on August 24 at the Douglas, Arizona port of entry, after a yearlong ban due to the detection of New World screwworm. The ban was…

Categories Parts & Suppliers Tags Fleet

U.S. urges Mexico to adopt tariffs on Chinese steel and aluminum to align with North American trade barriers

July 27, 2026 by Marcus Webb

The United States has formally requested that Mexico impose Section 232-style tariffs on steel and aluminum imports originating outside North America, according to four individuals with direct knowledge of the ongoing USMCA trade review talks. The proposal is designed to…

Categories Parts & Suppliers Tags Fleet

Knight-Swift CEO Cites Rapid Truckload Market Tightening

July 27, 2026 by Marcus Webb

Knight-Swift Transportation Holdings reported stronger second-quarter results, with net income rising 26.1% to $43.2 million and revenue increasing 12.6% to $2.1 billion. The company’s truckload segment revenue grew 2.8% to $1.1 billion, while operating income surged 96.3% to $89.1 million.…

Categories Parts & Suppliers Tags BMW, Fleet, MINI
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