FedEx reported higher revenue and earnings for its fiscal second quarter ended Nov. 30, posting net income of $956 million on revenue of $23.5 billion, up 6.8% year over year. Results were near Wall ...
Analysts at PwC say trucking and transportation M&A will ramp up in 2026 as rate cuts revive deferred deals. Lower borrowing costs after multiple Fed cuts and steadier trade policy boost confidence ...
[Stay on top of transportation news: Get TTNews in your inbox.] New York is offering $300 million for port improvements in a signal of support for an offshore wind industry that’s been battered by the ...
Health care logistics stood out in 2025 as major freight companies pursued growth in the high-margin segment despite a weak broader freight market. UPS, DHL and GXO led dealmaking, highlighted by UPS’ ...
CEO W.M. "Rusty" Rush refers to the current freight market downturn as a “right-sizing” due to fleets overbuying during the COVID era. Rush expects a limited pre-buy in 2026, assuming fleets feel ...
Tesla Inc. co-founder JB Straubel’s battery recycling firm, Redwood Materials, cut dozens of jobs as the startup scales back some of its ambitious projects to refocus on tapping into demand for ...
Rush Enterprises held its first Tech Skills Rodeo in Nashville, Tenn., in 2006. More than $288,000 in cash and prizes was distributed at this year's event. Since 2006, the contest has awarded in ...
The automaker will equip its upcoming R2 sport utility vehicles with Rivian Autonomy Processor 1 chips and a new lidar sensor. TSMC will produce the chips.
The Senate Commerce Committee advanced several Transportation Department and NASA nominees, setting up potential confirmation votes with fewer than a dozen legislative days left in 2025. The ...
Nassau County prosecutors charged seven people, including three former New York DMV employees, in a 51-count indictment alleging a scheme to illegally obtain commercial driver licenses for unqualified ...
Luminar Technologies filed for Chapter 11 bankruptcy in Texas on Dec. 15 after losing a lidar supply contract with Volvo, listing $100 million to $500 million in assets and $500 million to $1 billion ...
Enterprise Mobility agreed to buy St. Louis-based Hogan for an undisclosed sum in a move that would mark its first entry into the heavy-duty commercial vehicle sector. Hogan brings more than 50 ...