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BusinessEquipment

BMW offers severance packages to employees to cut 8,000 jobs

BMW and its German peers are slashing expenses in response to challenges including slumping sales in China, U.S. tariffs and high production costs in Europe. 

July 29, 2026
BusinessTechnologyEquipment

Ford cites SUV demand as it lifts profit outlook

Ford posted earnings ahead of Wall Street estimates and raised its outlook for the second time this year on higher prices and strong sales of high-margin SUVs.

July 28, 2026
BusinessTechnologyEquipmentLogisticsAutonomousFor-Hire

TFI advances toward autonomous semi rollout for U.S. LTL unit

TFI International envisions rolling out autonomous trucks as part of its U.S. less-than-truckload linehaul business in 2027, according to a key executive.

July 28, 2026
BusinessTechnologyEquipment

Ford shares hold gains as energy storage outlook faces test

Two months after Ford became the latest old-economy manufacturer to be swept up in the AI rally, investors are looking for proof the enthusiasm was justified.

July 28, 2026
BusinessEquipmentLogisticsFor-Hire

TFI eyes further truckload OR improvement as market rebounds

The truckload unit again drove results at the Montreal-based carrier in the second quarter of 2026 as the freight market rebounded.

July 28, 2026
GovernmentBusinessEquipmentLogisticsFor-Hire

TFI weighs U.S. nonunion LTL acquisition

The carrier is looking into adding a nonunion LTL carrier for around C$200 million, or $142 million at current exchange rates, CEO Alain Bédard said.

July 28, 2026
GovernmentBusinessEquipmentSafetyLogistics

Staged truck crashes would be federal crime under Senate bill

A Senate bill would make staged crashes into commercial motor vehicles a federal crime as New York trains investigators to prosecute these insurance fraud schemes.

July 28, 2026
BusinessEquipmentFuelLogistics

GTT lifts LNG carrier order forecast as U.S. boosts investment

Demand for LNG carriers is expected to be strong over the next decade, driven by a surge in investment for new export terminals in the U.S. and other regions.

July 28, 2026
BusinessEquipmentTop 100

Ryder sees strongest sequential rental demand rise in 4 years

The second quarter of 2026 saw the strongest increase in truck and tractor rental demand in four years on a sequential basis, according to a key Ryder executive.

July 28, 2026
BusinessLogisticsGlobal Freight

CMA CGM says transpacific revival boosts profit

CMA CGM reported higher second-quarter sales and profit as a rise in freight volumes offset new shipping capacity coming into the market and higher costs related to the war in the Middle Eas.

July 28, 2026

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