Amazon reported fiscal second-quarter net income of $62.65 billion as net sales rose 20% to $200.6 billion. AWS sales increased 37%, their fastest growth in 18 quarters, while Amazon’s AI and chips ...
Rather than plan around a national transition to zero-emission trucks, fleets are weighing total cost of ownership, ...
State producer Saudi Aramco will reduce its Arab Light oil price for delivery to customers in Asia next month by 50 cents a ...
Freight brokers have been weathering a dramatic shift in the legal and regulatory landscape. RXO is among the brokers that ...
Daimler Truck Chief Financial Officer Eva Scherer confirmed to investors and analysts that DTNA would only sell 2027 ...
CEO John O’Leary told reporters the plant would be the company’s largest truck manufacturing facility in the United States ...
GXO Logistics on Aug. 5 announced significant changes to its operating model aimed at sustaining growth through high-margin ...
Market fundamentals are improving as capacity continues to tighten, driven by regulatory enforcement and carrier exits,” CEO ...
The U.N.'s index of food-commodity prices rose 0.6% in July from the previous month, led by grain, sugar and vegetable oils, ...
ConocoPhillips announced that CEO Ryan Lance will retire and become executive chair of the board. CFO Andy O’Brien will ...
Fleets are realizing that electric terminal tractors can reliably move trailers within logistics yards while generating ...
In addition, Labor Department revisions shaved 103,000 jobs off payrolls in May and June. The unemployment rate dipped to 4.1 ...