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Autonomous Truck Firm Waabi Hires Uber Freight's Lior Ron

Trucking industry veteran Lior Ron is joining autonomous technology company Waabi to help scale the commercial deployment of driverless trucks, the company announced Aug. 12.

August 12, 2025

Echo Global Expands Network With FreightSaver Acquisition

The deal is part of Echo’s ongoing strategy to scale its managed transportation business through targeted acquisitions, adding both operational capacity and regional coverage.

August 12, 2025

RXO Reports 53% Revenue Jump in Q2

RXO's revenue increased 52.6% in the second quarter despite the prolonged soft freight environment, but the company also reported a net loss of $9 million.

August 8, 2025

Amazon Projects Profit That Underwhelms on AI Race Expense

Amazon.com projected operating income in the current quarter that fell short of analysts’ estimates, worrying investors that the tech giant is spending too much to keep up in the AI arms race.

July 31, 2025

XPO Reports Unchanged Revenue at $2.08 Billion for Q2

The Greenwich, Conn.-based less-than-truckload carrier posted net income of $106 million, or 89 cents a diluted share, for the three months ending June 30.

July 31, 2025

ODFL Q2 Profit Slides 16.6% as Market Weakness Persists

Profit and revenue at Old Dominion Freight Line fell in the second quarter, but senior executives said clarity is growing on how the ongoing freight recession might start to see an upturn.

July 30, 2025

Soft Freight Weighs on ArcBest, but Tech Boosts Efficiency

ArcBest experienced a year-over-year decline in revenue and earnings amid the continuing soft freight environment during the second quarter of 2025, the company reported July 30.

July 30, 2025

Amazon Gave Prime Shoppers More Time — Walmart Gained Sales

Amazon still dominates the $1.3 trillion e-commerce market in the U.S., capturing about 40 cents of every dollar spent online, and Walmart’s online metrics are growing from a smaller base.

July 24, 2025

Amazon Emissions Climb 6% in 2024 on Data Centers, Fuel Use

Amazon.com's carbon emissions rose for the first time in three years in 2024, driven by data center construction and fuel consumption by its delivery providers.

July 16, 2025

Tesla Semi Generally Matches ArcBest’s Diesels, Pilot Finds

ArcBest offered the latest window into what to expect from the long-awaited Tesla Semi battery-electric tractor, including energy consumption ratings matching its diesel peers.

July 14, 2025