91ÊÓƵ

In January, Pittsburgh-based R&R Family of Cos. shut down, according to a source. According to the source and court documents, R&R lost the backing of its largest lender.

Shell took on more debt, while maintaining its quarterly share buyback of $3.5 billion and raising its dividend even as volatile oil prices pressure its plan to boost investor returns.

The report on Feb. 5 also showed hiring intentions slid 13% from a year earlier to 5,306 — marking the weakest total for any January in the firm’s records back to 2009.

Maersk plans to cut 1,000 jobs and focus on cost discipline this year as the container giant seeks to insulate its earnings against deteriorating freight rates with Red Sea routes reopening. 

Daimler Truck North America follows Volvo Truck North America and Mack Trucks in partnering with Class8 to offer carriers technology typically provided by third parties.

A lawsuit in Massachusetts says Tesla’s electric doors trapped a driver in a burning Model Y after a crash and led to his death, raising new safety concerns for the automaker.

Two of Europe’s biggest auto manufacturers, Volkswagen AG and Stellantis NV, are pressuring the European Union to better protect the bloc’s troubled auto industry.

Transportation Secretary Sean Duffy has closed 7,500 commercial driver training schools in a first year of enforcing federal laws governing trucking to increase road safety.

An oil exchange-traded fund posted its biggest daily inflow since the pandemic as investors bet that prices will continue to rally as tensions between the U.S. and Iran simmer.

Slip Robotics launched a new loading and unloading platform called SlipLift, expanding its autonomous tech into heavier freight, regional distribution and last‑mile delivery operations.