Avkha Equity Holdings acquired Dart Transit Group effective Jan. 1, ending more than 90 years of Oren family ownership, the carrier announced Jan. 8. Don Oren retired, David Oren remains president of ...
Marelli Holdings Co., the long-struggling auto parts supplier for Nissan Motor Co., Stellantis NV and other carmakers, filed bankruptcy in the U.S., saying its latest debt-cutting effort was prompted ...
Self-driving car systems company Mobileye Global is acquiring Israeli startup Mentee Robotics in a cash-and-stock deal valued at $900 million, as it looks to develop humanoid robots.
North American heavy-duty truck sales remain weak as fleets delay purchases, with McKinsey forecasting a 10% to 25% year-over-year decline through the first half of 2026. Electrification is slowing, ...
[Stay on top of transportation news: Get TTNews in your inbox.] Old Dominion Freight Line experienced a slight decline in third-quarter revenue amid ongoing market softness, the company reported Oct.
U.S. Border Patrol joined federal and state partners in recent operations near the Canadian and Mexican borders, arresting more than 170 truck drivers with commercial licenses who lacked legal U.S.
[Stay on top of transportation news: Get TTNews in your inbox.] CARACAS, Venezuela — President Donald Trump said Jan. 6 that Venezuela would be providing 30 million to 50 million barrels of oil to the ...
Less-than-truckload carrier Standard Forwarding Freight suspended daily operations in the final week of 2025 as several top executives departed, the company said. The move follows its purchase of ...
The focus on autonomous vehicles seemed stronger than ever, but there was less emphasis on electrification and ZEVs. AI technologies have enabled a leap forward in fully autonomous vehicles, driver ...
Bankrupt auto parts maker First Brands Group has sued Edward James — its former executive and the brother of company founder Patrick James — and its largest creditor, Onset Financial, for conspiring ...
[Stay on top of transportation news: Get TTNews in your inbox.] WASHINGTON — The Federal Reserve is expected to cut short-term rates in 2026, with its key interest rate settling at 3.4% toward the end ...
[Stay on top of transportation news: Get TTNews in your inbox.] A small fleet of ships booked by Chevron Corp. is sailing to Venezuela as the company emerges as the only exporter of the country’s oil ...
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