Amazon reported fourth-quarter earnings slightly below Wall Street estimates even as sales surged and it reported the fastest growth in its prominent cloud computing business in 13 quarters.

GenLogs, a startup using roadside sensors and artificial intelligence to combat cargo theft and fraud in the trucking industry, secured $60 million in Series B funding, the company said.

In January, Pittsburgh-based R&R Family of Cos. shut down, according to a source. According to the source and court documents, R&R lost the backing of its largest lender.

The report on Feb. 5 also showed hiring intentions slid 13% from a year earlier to 5,306 — marking the weakest total for any January in the firm’s records back to 2009.

Maersk plans to cut 1,000 jobs and focus on cost discipline this year as the container giant seeks to insulate its earnings against deteriorating freight rates with Red Sea routes reopening. 

Slip Robotics launched a new loading and unloading platform called SlipLift, expanding its autonomous tech into heavier freight, regional distribution and last‑mile delivery operations.

The Trump administration hosted 55 countries at a critical-minerals summit Feb. 4, pitching price floors and a flood of U.S. private equity in a bid to reduce dependence on China.

All Transport Topics articles are now available in audio. Listen on demand to narrated stories covering trucking and transportation news.

U.S. port activity experienced a December slowdown, closing out what began as an especially busy year. The Port of Los Angeles — the nation's busiest — saw volume decline 14% from 2024.

The Hong Kong-based conglomerate said in a separate stock exchange filing that it will “vigorously pursue” the case under the rules of the International Chamber of Commerce.