Salzgitter AG has agreed to sell Desma, a manufacturer of rubber injection moulding machinery, to the German-French industrial group Name & Mawi Partners SAS (NMP). The transaction is expected to close in autumn, with financial terms not disclosed. According to…
The trucking industry’s chronic parking shortage is driving drivers to waste an average of 56 minutes daily hunting for a spot, according to the American Transportation Research Institute’s 2025 report. ATRI ranked truck parking as drivers’ second-biggest concern last year,…
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 from $36 million a year earlier. The company’s executives attribute the improved freight-market conditions to accelerated driver-capacity reductions,…
The U.S. trucking industry is battling a chronic parking shortage that’s costing drivers time, money, and safety. In 2025, the American Transportation Research Institute ranked truck parking as the No. 2 concern among professional truck drivers, with drivers losing an…
A coalition of US states has filed a lawsuit challenging the Trump administration’s new global tariffs, which impose 10% to 12.5% duties on imports from most major trade partners. The lawsuit, filed in the US Court of International Trade in…
Less-than-truckload (LTL) giant Saia has set its sights on an operating ratio below 80, executives confirmed during its Q2 2026 earnings call on July 30. The Atlanta-based carrier reported a second-quarter operating ratio of 86.9, down from 87.8 in the…
Tractor giant CNH Industrial NV has signaled a potential recovery for the farm machinery sector in 2027, driven by aging fleets and shrinking used-equipment inventories. Speaking on an August 3 earnings call, CEO Gerrit Marx emphasized that replacement demand—rather than…
President Donald Trump publicly rebuked ExxonMobil and Chevron on August 3, 2026, accusing the oil supermajors of raking in excessive profits and demanding they cut gasoline prices. Trump’s criticism came as regular gasoline in the U.S. averaged more than $4…
Aurora Innovation has announced advancements in its third-generation autonomous truck hardware, just a week after launching its second-generation system. The company is targeting production with its partner Aumovio in the second half of 2027. Aurora’s third-generation hardware is expected to…
Iran’s Foreign Minister Abbas Araghchi announced that talks with Oman about a temporary shipping route through the Strait of Hormuz are nearing completion. The discussions are focused on a ‘temporary’ route to ensure the safety of ships, according to Esmail…