Aumovio will cut up to 4,000 jobs in research and development worldwide as the German auto supplier moves to rein in costs amid a “challenging” market environment and intensifying competition.
January 27, 2026Search
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Amazon Is Closing Its Fresh Grocery, Go Convenience Stores
Amazon Fresh and Amazon Go stores will close, the company said in a blog post on Jan. 27, with some locations converted into Whole Foods Market stores.
January 27, 2026ATA Picks 20 Drivers as Newest America’s Road Team Captains
American Trucking Associations has selected 20 professional truck drivers based on their safety records and professionalism to serve as America’s Road Team captains for 2026-2027.
January 27, 2026Mack Trucks Expands Pennsylvania History Museum
During Allentown’s State of the City address, Mack announced the additions to the facility, which also includes areas where customers can inspect their new truck and drive it on a test track.
January 27, 2026FedEx Freight Sells $3.7 Billion of Bonds Ahead of Spinoff
The Jan. 27 four-part offering includes notes maturing in three to 10 years, Bloomberg reported. FedEx said in December 2024 it would separate its freight business as part of a broader effort.
January 27, 2026Trump to Increase Tariffs on South Korean Goods
President Trump said on social media that import taxes would be raised on autos, lumber and pharmaceutical drugs from South Korea with the rate on other goods going from 15% to 25%.
January 27, 2026GM Expects Profit to Grow $2 Billion This Year
GM’s new guidance rests on selling more of its largest trucks and SUVs such as its GMC Sierra and Cadillac Escalade — and fewer electric vehicles.
January 27, 2026Deep Freeze Wreaks Havoc on Texas Oil Producers, Refiners
A massive winter storm that swept the U.S. over the weekend crippled oil and gas producers and the industrial plants that refine the raw commodities into everything from gasoline to plastics.
January 27, 2026UPS Plans on Revenue of $89.7B in 2026, Above Expectations
Earnings in the fourth quarter were $2.38 a share, topping the $2.21 average of analyst estimates. Sales of $24.5 billion also beat expectations.
January 27, 2026Amerit Expands Fleet Operations to London
Amerit Fleet Solutions has expanded into London as part of a broader international growth strategy, establishing its first operation outside North America, Amerit announced Jan. 21.
January 27, 2026