Private solutions step up to plug the truck parking shortage
The trucking industry’s chronic parking shortage is driving drivers to waste an average of 56 minutes daily hunting for a spot, according…
Commercial Vehicles
Schneider forecasts freight-market tightening to continue through 2026
Wisconsin-based truckload giant Schneider reported a 10% revenue jump to $1.57 billion in Q2 2026, with net income rising to $49.7 million…
Private solutions step up to plug the truck parking shortage gap
The U.S. trucking industry is battling a chronic parking shortage that’s costing drivers time, money, and safety. In 2025, the American Transportation…
Group of States Sues Trump Administration Over New Tariffs
A coalition of US states has filed a lawsuit challenging the Trump administration’s new global tariffs, which impose 10% to 12.5% duties…
Saia targets sub-80 operating ratio with fresh capex and freight rebound
Less-than-truckload (LTL) giant Saia has set its sights on an operating ratio below 80, executives confirmed during its Q2 2026 earnings call…
CNH expects farm equipment demand to rebound in 2027
Tractor giant CNH Industrial NV has signaled a potential recovery for the farm machinery sector in 2027, driven by aging fleets and…
Iran in Talks with Oman About Temporary Hormuz Route
Iran’s Foreign Minister Abbas Araghchi announced that talks with Oman about a temporary shipping route through the Strait of Hormuz are nearing…
Beer Dynasties Sell $843 Million Stake in AB InBev
Historic family owners of Anheuser-Busch InBev, including the Van Damme, de Mevius, and de Spoelberch families, have sold a $843 million stake…
Amazon joins elite club as fifth company to hit $3 trillion market cap
Amazon.com Inc. has become the fifth company in history to surpass a $3 trillion market valuation, achieving the milestone on August 3,…
Daimler Truck North America to close Portland manufacturing plant at end of October
Daimler Truck North America (DTNA) will shut down its Freightliner Swan Island plant in Portland, Oregon, on October 30, ending 57 years…