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Month: July 2026

GTT raises LNG carrier order forecast amid U.S. export boom

July 28, 2026 by Marcus Webb

French LNG storage and containment specialist GTT has sharply increased its decade-long forecast for LNG carrier orders, citing a surge in U.S. investment in liquefaction capacity. The company now expects about 550 LNG carrier gas containment system design orders between…

Categories Parts & Suppliers Tags Performance

TFI International eyes U.S. nonunion LTL acquisition as part of expansion push

July 28, 2026 by Marcus Webb

TFI International is plotting a major expansion into U.S. nonunion less-than-truckload (LTL) freight, including a potential acquisition valued at roughly $142 million (C$200 million). The move comes as the Montreal-based logistics giant seeks to diversify beyond its heavily unionized U.S.…

Categories Parts & Suppliers Tags Fleet

TFI Eyes Further Truckload OR Improvement as Market Rebounds

July 28, 2026 by Marcus Webb

TFI International’s truckload division has seen significant improvement in its operating ratio, which decreased to 86.1 in Q2 2026 from 90.1 in the same period last year. The division’s revenue before fuel surcharges rose 6.8% to $760.8 million, and revenue…

Categories Parts & Suppliers Tags Fleet

CMA CGM Sees Transpacific Revival Boosting Profit

July 28, 2026 by Marcus Webb

CMA CGM, the world’s third-largest container line, has reported a 19% jump in revenue and a 6% rise in container volumes for the second quarter, driven by a rebound in Chinese exports to the US. The company’s EBITDA increased by…

Categories Parts & Suppliers Tags Fleet

64 of Waymo’s 83 Austin tickets stemmed from one parking habit

July 28, 2026 by Marcus Webb

Waymo’s robotaxis in Austin have racked up 83 parking citations totaling $9,325 since launching in 2024, with 64 of those violations tied to a single issue: parking in tow-away zones. According to city records obtained by The Wall Street Journal,…

Categories Industry News Tags Fleet, Jaguar

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

25 years of MINI Design at BMW Group: from the classic Mini to a modern icon

July 28, 2026 by Marcus Webb

BMW Group is marking a quarter-century of MINI Design with a deep dive into how the brand evolved from the iconic Classic Mini into a contemporary design legend. A new video, “From the Original to the Original – 25 Years…

Categories Industry News Tags BMW, MINI, Rover

Coca-Cola lifts 2026 guidance on World Cup sales surge

July 28, 2026 by Marcus Webb

Coca-Cola raised its full-year 2026 guidance after posting strong quarterly results, now forecasting organic sales growth of 5%—up from a prior range of 4% to 5%—and earnings-per-share growth of up to 8%, an increase of one percentage point. The beverage…

Categories Parts & Suppliers Tags Market

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

First Brands lawsuits aim to claw back billions in bankruptcy fight

July 28, 2026 by Marcus Webb

Bankrupt auto parts giant First Brands is pushing a bankruptcy plan that hinges on recovering up to $2 billion through lawsuits against insiders and business partners, including founder Patrick James and firms like Jefferies Financial Group Inc. and Onset Financial.…

Categories Parts & Suppliers
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