The Hong Kong-based conglomerate said in a separate stock exchange filing that it will “vigorously pursue” the case under the rules of the International Chamber of Commerce.
February 4, 2026Search
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International to Lay Off 300 Staff Due to Weak Truck Demand
Demand for trucks did not improve as 2025 progressed and what carrier executives have characterized as the longest North American freight market downturn in a half-century continued.
February 4, 2026Uber Names New CFO for Robotaxi Future
New CFO Balaji Krishnamurthy has been with Uber for more than six years and is currently vice president of strategic finance and investor relations. Uber has agreed to purchase fleets of robotaxis.
February 4, 2026Port Activity Slows Further in December
U.S. port activity experienced a December slowdown, closing out what began as an especially busy year. The Port of Los Angeles — the nation's busiest — saw volume decline 14% from 2024.
February 4, 2026Shipping Firms Face Tough 2026 as Reopening of Red Sea Looms
Supply continues to expand at a record pace, with a projected 36% surge in new vessel capacity from 2023 to 2027. On the flip side, demand for container shipping is expected to contract 1.1% in 2026.
February 4, 2026Truck Parking to Officially Receive $200M as Shutdown Ends
Access to parking for the nation’s commercial drivers will increase because of recent legislation Congress and President Donald Trump approved Feb. 3.
February 3, 2026Trump Approves Funding Plan to Reopen Federal Agencies
The partial U.S. government shutdown ended late in the afternoon of Feb. 3 after President Donald Trump signed into law a funding deal he negotiated with Senate Democrats.
February 3, 2026Heartland Express Q4 Loss Widens on Fleet Merger Charge
As a result of the impairment charge and lower revenue from the ongoing freight rate recession, Heartland’s operating ratio spiked to 112.7. OR without the impairment charge was 101.6.
February 3, 2026EU Moves to Partner With US on Critical Minerals
The European Union will pitch the U.S. on a critical minerals partnership to curb China’s influence, looking to shape the Trump administration’s push to strike global agreements this week.
February 3, 2026Continental Nears Key Stage in ContiTech Carveout
Bankers are working on debt packages of around 2.5 billion euros to back a potential acquisition of Continental's industrial ContiTech unit, as a highly anticipated sales process kicks off.
February 3, 2026