Volvo Earnings Beat Estimates on Firmer Europe Market
(Eric Thayer/Bloomberg) Volvo AB reported better-than expected second-quarter earnings as signs of a recovery in Europe helped offset weak demand for trucks in North America. Adjusted operating income fell to 13.5 billion kronor ($1.38 billion) in the quarter, from 19.4 billion kronor a year earlier. Analysts were expecting 13.2 billion ...more
Fed Sees 9% Chance Rates Fall Back to Zero
“Compared with the past decade, current data show that expected levels of future interest rates are high,” Williams and his ...more
Daimler Truck Sets $2.34 Billion Share Buyback
A Mercedes-Benz eActros electric truck. (Krisztian Bocsi/Bloomberg) Daimler Truck Holding AG will buy back $2.34 billion of its own shares, ...more
Law enforcement agencies throughout the U.S., Canada, and Mexico, are gearing up for a weeklong enforcement effort targeting unsafe commercial ...more
A truck driver is dead after colliding with a semi truck reentering I-70 in Utah after taking the wrong exit. ...more
U.S. Transportation Secretary Sean Duffy detailed a variety of plans and policies in the works to support the men and ...more
Pothole repairs in Maryland have increased 25% since the collapse and closure of the Francis Scott Key Bridge over a ...more
Police officers in Custer County spent Tuesday passing out frozen hotdogs after the load was ...more
The Georgia Department of Public Safety’s (DPS) Motor Carrier Compliance Division (MCCD) will get new ...more
A truck driver will serve seven more months for a fatal bus crash that killed ...more
Watsontown Trucking Buys Milton Transportation
Through the acquisition, Patton expects to boost Watsontown Trucking’s regional capacity and reinforce its flexibility. ...more
Trump Deals Poised to Fall Short of Sweeping Trade Reforms
A Trump hat on the floor of the New York Stock Exchange. (Michael Nagle/Bloomberg) With ...more
Lower UK-US Car Tariffs Take Effect
(David Paul Morris/Bloomberg News) U.K. car manufacturers can export to the U.S. under a 10% ...more
Canada Rescinds Technology Tax on US
Mark Carney shakes hands with Donald Trump during an arrival ceremony during the Group of ...more
Trump Says He Won’t Extend Pause on Tariffs Beyond July 9
(Fox News via X) WASHINGTON — President Donald Trump says he is not planning to ...more
Panama Canal Says Shipping Congestion Will Last Into 2024
Cargo ships wait in the anchor zone to cross the Panama Canal from the Pacific ...more
Port of Long Beach’s Hacegaba Sees Better Days Ahead in 2024
The Port of Long Beach is in the midst of a 10-year, $2.2 billion capital ...more
Tariffs Could Raise US Car Prices by Up to $12,000
The cost to build a crossover utility vehicle will rise by at least $4,000, while ...more
Authorities in Iowa responded to pileup crashes near Des Moines and Newton on Wednesday morning. ...more
CMA CGM Pledges $20 Billion for US Shipping Expansion
Saadé said his company was also examining investing in building container vessels and could make ...more
Canadian Crude Wins Reprieve From Trump’s Tariffs
The Westridge Marine Terminal at the end point of the Trans Mountain Pipeline System in ...more
New TMC Chairman Radu Mihai Brings Global Perspective
Mihai differs from his predecessors in two distinct ways: He was born and lived in ...more
Senate Confirms Lori Chavez-DeRemer as Labor Secretary
Lori Chavez-DeRemer on Feb. 19. (Jacquelyn Martin/AP) The Senate voted March 10 to confirm Lori ...more