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Daimler Truck said it plans to double the size of its defense business by 2030 as it seeks to profit from higher military spending globally, and will cut 5,000 jobs in Germany.
President Donald Trump said he would not offer any extensions to a new Aug. 1 deadline for nations to begin paying so-called reciprocal tariffs.
The letters issued July 7 so far appeared to largely be a novel method of again punting a looming July 9 deadline for so-called “reciprocal” tariffs until at least the beginning of August.
Sales fell in the second quarter for German commercial vehicle manufacturer Daimler Truck due to sharply lower sales in the Trucks North America segment.
U.S. officials signaled that trading partners will have until Aug. 1 before the tariffs kick in. Trading partners face a July 9 deadline to reach a deal.
Amazon’s Prime Day is slamming into President Donald Trump’s trade war, with ever-shifting tariffs prompting some brands to sit out the sale and some shoppers hinting they plan to pull back.
Trucking Fleets Navigate Tire Costs and Performance
As one of the top expenses for trucking companies of all types and sizes, tires go a long way toward determining a motor carrier’s profitability and success.
Diesel Price Edges Up 1.2¢ to $3.739 a Gallon
The national average diesel price showed a modest post-holiday uptick, rising 1.2 cents a gallon to $3.739 a gallon, according to U.S. Energy Information Administration data released July 8.
Trucking Still Squeezed by High Costs and Low Rates
ATRI's latest Analysis of the Operational Costs of Trucking survey found that while the average cost of operating a truck dipped slightly last year, some marginal costs jumped.
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The ongoing rollback of commercial vehicle emission regulations under the second Trump administration has created uncertainty in the emerging battery-electric truck market.
Transport Topics' 2025 Top 100 For-Hire Carriers list illustrates how weak freight market conditions have continued to squeeze margins for North America's largest motor carriers.
Top 100/ Top 50
Annual rankings provide an indispensable overview of the largest for-hire carriers in North America, along with timely analysis of trends shaping the industry.
A unique ranking of the third-party logistics companies in North America includes listings of the largest freight brokerage firms, freight forwarders, warehouse operators and dedicated contract carriage service providers.
Key data on revenue and freight assets for the 50 largest global freight companies.
Retail giant Walmart ascends to No. 1 on this updated list of the largest private carriers in North America, ranked by number of tractors in operation.
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Some customers have secured the fuel their tractors need. Others parked the trucks as court proceedings play out. All continue to work the phones in search of more amenable solutions.
UPS plans to offer voluntary buyouts to union-represented delivery drivers for the first time in the company’s history as part of an effort to boost profit by slimming down its operations.
An electric car by U.S. manufacturer Lucid has broken the record for the longest journey off a single charge, traveling 749 miles from St. Moritz to Munich.
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