Green Bay, Wis.-based Schneider last opened its coffers for an acquisition in November 2024 with the $390 million purchase of Baltimore-based Cowan Systems. Read more…
Self-driving trucks are set to start driving in the U.S. in the coming months, with more than 300 autonomous rigs on highways by the end of 2027, the company said. Read more…
The Stockholm-based startup went public on the Nasdaq through a merger with blank-check firm Legato Merger at a pre-money equity valuation of about $1.35 billion. Read more…
ACT Research preliminary data showed orders increased 103% year over year, while FTR Transportation Intelligence reported an even larger 124% gain. Read more…
A separate report that combines inflation figures with wage data showed that real average hourly earnings fell 0.7%, the biggest drop in three-plus years. Read more…
Truck and bus makers built 14,543 heavy-duty vehicles in Mexico in May, an 18.2% jump from April, according to the National Institute of Statistics and Geography. Read more…
For truck drivers and fleet operators, a line from rock legend Tom Petty captures the frustration of driver detention: “The waiting is the hardest part.” Read more…
Growing evidence of so-called dark transits suggests that more vessels are moving through the Strait of Hormuz than visible tracking data indicates. Read more…
The issue stems from potential overheating in wiring for the electric hydraulic power steering pump in certain Jeep Wrangler and Gladiator vehicles, according to NHTSA. Read more…
GM is pushing into stationary electricity storage through a partnership with startup Peak Energy Technologies, tapping into a growing market fueled by AI demand. Read more…
The largest 3PLs in North America continued to face volatile business conditions last year, from compressed margins to tariff-driven supply chain upheaval. Read more…
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