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Logistics specialist Uber Freight is teaming up with Waabi Innovation Inc. in an artificial intelligence-powered autonomous truck partnership, the companies said Sept. 21.

Executives across multiple segments of the trucking industry expect the freight environment to take considerable time to improve substantially.

The biggest private motor carriers across a variety of industries experienced ups and downs during the past year as they adapted to changing freight market conditions.

Private motor carriers, like all trucking operations, have adjusted to shifting freight market conditions in the past year as truck capacity has loosened and freight rates have softened.

From food service distributors to in-house trucking divisions of retailers, the largest private motor carriers in North America  have remained busy even as the freight market has cooled.

United Rentals Inc. reported net income of $591 million in the second quarter of 2023, an increase of 19.9% from $493 million in the year-ago period, the company said.

Rivian Automotive Inc. is ready to take on more commercial partners beyond Amazon.com Inc. after a recent run of production success.

Companies including PepsiCo Inc. and Nike Inc. are calling for the European Union to implement stricter emissions targets for trucks, which the firms say will lower costs in the long run.

NEW YORK — Walmart reported a strong first quarter and boosted its outlook for the year as the nation’s largest retailer continues to draw budget-conscious consumers.

United Rentals executives foresee a rosy outlook for the business and sector as a result of increased infrastructure spending in the coming months and years after posting increased year-over-year profits in the first three months of 2023, they said April 27.