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J&R Schugel celebrated its 50th anniversary in 2024 and became 100% employee owned in 2014. The merger was effective Oct. 31.

UPS and FedEx said Nov. 7 that they were grounding their fleets of McDonnell Douglas MD-11s “out of an abundance of caution." The planes make up about 9% and 4% of their fleets, respectively.

The right support can play a critical role in helping independent contractors recover financially when they are involved in a crash through no fault of their own, writes attorney Kelsea Eckert.

Siddhant Awasthi's decision follows a string of executive exits at Tesla, which has grappled with lukewarm consumer demand and the loss of U.S. incentives while pursuing new business lines.

It’s unclear if the next few months will mark a turning point for the struggling farm machinery sector, with minimal details on the U.S.-China trade deal for manufacturers.

J.B. Hunt has 200 compressed natural gas trucks, most of which have 12-liter engines. Over the past 12 months, the carrier introduced 15-liter RNG engines to its fleet.

Daimler Truck North America orders in the most recent quarter totaled 26,168 trucks and buses, down 29% year over year from 36,794 vehicles, but nearly double Q2’s 13,842 total.

On-highway truck and engine sales in North America are set to fall 15% in the fourth quarter compared with Q3, Cummins Chief Financial Officer Mark Smith warned analysts and investors.

Honda lowered its profit projection for the fiscal year through March 2026 to $2 billion, which would be a decline of 64% from the year before.

First Brands Group won access to $600 million of remaining bankruptcy financing, which company lawyers said was needed to prevent the company from immediately shutting down.