Kuehne+Nagel may sell stake in Apex Logistics unit
Swiss logistics giant Kuehne+Nagel is exploring strategic options for its Apex Logistics unit, including the potential sale of a roughly 20% stake…
Commercial Vehicles
Aurora rolls out second-gen autonomous trucks, plans 200-strong driverless fleet by 2026 end
Aurora Innovation has officially unveiled its second-generation autonomous trucks, marking a major step forward in commercial driverless operations. The company revealed the…
Fleets Are Ditching Google for Dedicated Heavy-Duty Service Platforms
Fleets are increasingly abandoning Google searches and static internal vendor lists in favor of dedicated heavy-duty service locators like TruckDown.com to slash…
Utz Brands to go private in $2.9 billion deal with Intersnack Group
Utz Brands Inc. has agreed to a $2.9 billion all-cash deal to go private, with Germany’s Intersnack Group GmbH acquiring all of…
Transport M&A gains steam as freight market rebounds
Mergers and acquisitions in the transport sector are accelerating in the first half of 2026, fueled by a freight market rebound and…
U.S. truck tonnage index inches up in June after April-May slump
The American Trucking Associations’ For-Hire Truck Tonnage Index rose 0.1% in June to 113.1, regaining some ground after freight volumes contracted 4.1%…
Houthi threats create a ‘two-chokepoint problem’ for oil markets as Red Sea and Strait of Hormuz face disruptions
Global oil markets are now grappling with a dual supply-risk crisis as Houthi threats against Saudi-linked shipping at the Bab el-Mandeb Strait…
ITE expands intermodal chassis unit with acquisition of NACPC
ITE Management has acquired North American Chassis Pool Cooperative (NACPC) in a deal announced on July 21, 2026, expanding its intermodal chassis…
Forward Air secures $250M customer deal, keeps at least 50% of business
Forward Air has struck a nonbinding memorandum of understanding (MOU) to retain at least 50% of a 20-year customer’s business, potentially up…
DP World to construct two UAE container terminals to bypass Strait of Hormuz
DP World has secured a preliminary 50-year concession to build two deepwater container terminals in Fujairah, United Arab Emirates, on the Gulf…