Former First Brands executive Peter Andrew Brumbergs pleaded guilty Jan. 27 to falsifying financial statements, inflating invoices and double‑pledging collateral to secure financing. The fraud ...
Daimler Truck and Toyota Motor Corp. named their merged medium-duty truck venture Archion, set to begin operations April 1, 2026. The joint company will combine Mitsubishi Fuso and Hino Motors ...
President Donald Trump will sign a directive in the coming days raising his global tariff to 15% “where appropriate” and is seeking “continuity” with nations that struck trade deals, U.S. Trade ...
[Stay on top of transportation news: Get TTNews in your inbox.] Walmart Inc.’s bonuses for U.S. corporate staff will once again surpass their target, a reflection of the retailer’s strong performance ...
HANOI, Vietnam — China is replacing its diesel trucks with electric models faster than expected, potentially reshaping global fuel demand and the future of heavy transport. In 2020, nearly all new ...
[Stay on top of transportation news: Get TTNews in your inbox.] Businesses suing to challenge President Donald Trump’s global tariffs have asked lower courts to reopen the legal proceedings so that ...
Forward Air reported a net loss in Q4 as it continued restructuring efforts and advanced a strategic review. The for-hire carrier consolidated domestic operations into one ground network and adjusted ...
[Stay on top of transportation news: Get TTNews in your inbox.] European Union officials believe the U.S. will soon streamline its broad tariffs on products containing steel and aluminum, a topic that ...
Hub Group bought the intermodal division of Marten Transport for $51.8 million in cash, the companies said. The deal, which Hub Group expects to more than double the size of its temperature-controlled ...
Massachusetts Gov. Maura Healey imposed a nonessential travel ban in Bristol, Plymouth and Barnstable counties as a severe winter storm buried the region. The storm caused more than 300,000 power ...
Uber said it will focus on building the high-capacity charging hubs starting in the San Francisco Bay Area, L.A. and Dallas — markets where it plans to launch public robotaxi services.
As autonomous truck developers move ­closer to deploying fully driverless on-highway tractors, they are also pioneering a set of new, specialized job functions that will be necessary to support ...