FedEx and Advent led a consortium launching a 15.60-euro-per-share bid to buy parcel-locker operator InPost in a deal valued at $9.3 billion. The offer, 50% above January trading levels, drew investor ...

U.S. diesel prices fell sharply in December and EIA forecasts a modest decline in 2026, with average retail prices expected to reach about $3.50 a gallon. Lower crude prices and a projected 2 million ...

J.J. Keller & Associates introduced a new asset-tracking service, the company announced April 14. The Encompass Fleet Safety & Compliance Platform now provides fleets with the ability to monitor ...

Aramco, the world’s largest oil company, said May 10 its first-quarter profit jumped 25% as the Iran war disrupted oil supplies and raised prices. Dhahran, Saudi Arabia-based Aramco said it ...

[Stay on top of transportation news: Get TTNews in your inbox.] The reputation of the Strait of Hormuz as a reliable artery for global energy trade may be permanently damaged by its prolonged closure, ...

Forward Air reported a first-quarter net loss of $40.2 million as revenue fell 5.1% to $582.1 million. A strategic review did not generate offers to sell the company, leading to a focus on divesting ...

The Trump administration has begun paying out refunds for the $166 billion in global tariffs that the Supreme Court declared unlawful earlier this year. Trade lawyers told Bloomberg News that some of ...

Archer-Daniels-Midland Co. increased its annual earnings outlook as the crop trader expects a clearer U.S. biofuels policy to offset market disruptions from the conflict in the Middle East. The U.S.

Amazon launched Supply Chain Services to offer freight, fulfillment and parcel shipping to third-party businesses beyond its retail partners. Analysts say Amazon’s scale matters, but the fragmented ...

Mack Trucks unveiled an EPA 2027-compliant MP13 engine at the Advanced Clean Transportation Expo on May 5. Mack said the engine delivers up to 540 horsepower, 1,950 pound-feet of torque and up to 6% ...

GXO reported first-quarter net income of $5 million, compared with a $95 million loss a year earlier. Revenue rose 10.8% to $3.3 billion, with growth across all reported industry verticals. The ...

Daimler Truck North America sales are pacing about 50% higher in Q2 than Q1, executives said May 6 during the parent company’s earnings call. Q1 DTNA sales fell to 29,432 vehicles, the lowest since ...