Landstar Posts Q1 Revenue of $1.15B After Fraud-Related Delay
Landstar's Q1 2025 included a $4.8 million pretax charge related to the fraud incident. (John Sommers II for Transport Topics) Landstar System reported its first-quarter earnings following a two-week delay caused by a supply chain fraud incident, the company said May 13. The Jacksonville, Fla.-based motor carrier posted net income ...more
Class 8 Truck Orders Fall 52% During April
“April was the lowest industry order intake for a single month we have seen since May of 2020,” Koeck said. ...more
Volvo Autonomous TaaS Product to Be Known as Autona/freight
A lane between Dallas and Houston is the starting point for the on-highway Autona/freight program from Volvo Autonomous Solutions. (Volvo ...more
Toyota Suffers $1.3 Billion Profit Hit in Two Months on Tariffs
A new Toyota Tundra truck for sale at a Toyota dealership in Yuma, Ariz., on March 31. (Eric Thayer/Bloomberg News) ...more
Maersk Cuts Global Container Market Outlook on Tariff War
Maersk shipping containers. (Jeppe Boje Nielsen/Bloomberg) A.P. Moller-Maersk A/S, the Danish container giant, lowered its forecast for the global transport ...more
US and UK are Set to Announce Trade Deal
Britain's Prime Minister Keir Starmer (left) and U.S. President Donald Trump shake hands at a joint press conference in the ...more
Trump Agrees to Cut Tariffs on UK Autos, Steel
Britain's Prime Minister Keir Starmer (left) and U.S. President Donald Trump shake hands at a joint press conference in the ...more