Former First Brands executive Peter Andrew Brumbergs pleaded guilty Jan. 27 to falsifying financial statements, inflating invoices and double‑pledging collateral to secure financing. The fraud ...
VTNA began serial production of the redesigned VNR at its New River Valley plant after investing $400 million in facility upgrades. Weaker U.S. truck demand is prompting stop weeks for Volvo and Mack ...
President Donald Trump will sign a directive in the coming days raising his global tariff to 15% “where appropriate” and is seeking “continuity” with nations that struck trade deals, U.S. Trade ...
[Stay on top of transportation news: Get TTNews in your inbox.] Walmart Inc.’s bonuses for U.S. corporate staff will once again surpass their target, a reflection of the retailer’s strong performance ...
[Stay on top of transportation news: Get TTNews in your inbox.] The Trump administration is likely to face legal obstacles if it argues against refunds for the tariffs struck down by the Supreme Court ...
Forward Air reported a net loss in Q4 as it continued restructuring efforts and advanced a strategic review. The for-hire carrier consolidated domestic operations into one ground network and adjusted ...
[Stay on top of transportation news: Get TTNews in your inbox.] European Union officials believe the U.S. will soon streamline its broad tariffs on products containing steel and aluminum, a topic that ...
Massachusetts Gov. Maura Healey imposed a nonessential travel ban in Bristol, Plymouth and Barnstable counties as a severe winter storm buried the region. The storm caused more than 300,000 power ...
The trucking industry faced an unprecedented number of cargo thefts throughout 2024, according to experts. Verisk CargoNet reported that cargo theft incidents jumped 27% year over year to a record ...
The 10th Circuit on Nov. 5 reversed a Kansas district court ruling that dismissed Yellow Corp.’s breach-of-contract suit against the Teamsters and gave the union until Nov. 19 to appeal. The appeals ...
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