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GM warned that it may take additional hits as it adjusts production, with non-cash charges potentially impacting operations and cash flow in the future.

The Birmingham, Ala.-based firm ceased operations after a deal to sell the company to an affiliate of fellow Birmingham-based carrier PS Logistics collapsed.

Tariffs and carrier capacity continue to be the two top issues increasing the length of transportation executives’ worry lines, according to attendees of the CSCMP Edge 2025 conference.

The joint venture partners aim to each hold a 25% stake in the JV, with the remaining shares set to be listed on the Tokyo Stock Exchange’s prime market for large corporations.

Anderson Trucking Service’s logistics division is expanding its reach by acquiring Trailer Bridge Logistics, a move aimed at strengthening ATS’ position in the U.S. freight market.

Trump said Oct. 10 that “there seems to be no reason” to meet with Chinese leader Xi Jinping as part of an upcoming trip to South Korea after China restricted exports of rare earths.

Raistone has demanded a court-appointed examiner investigate First Brands, claiming in court papers that as much as $2.3 billion “simply vanished” from the company.

North American shipments jumped 35%, as Stellantis reintroduced popular models like the V8-powered Ram 1500 pickup.

China announced Oct. 10 that it would impose fees on U.S. ships in retaliation for similar measures due to be imposed by the Trump administration Oct. 14.