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Economic Factors Bombard Truck Makers From All Angles

Multiple adverse factors contributed to a much rougher three months for truck manufacturers in the first quarter of 2025 than was expected at the turn of the calendar year.

May 23, 2025

Volvo Cars CEO Insists R&D Direction Not Shifting to China

“People worry Geely will centralize R&D in China. That’s a misunderstanding,” HakanSamuelsson said. “There’s no such plan, and Chinese operations are also cutting costs.”

May 23, 2025

Pacific Coast Highway to Reopen Near Malibu After Fires

An iconic Southern California stretch of the Pacific Coast Highway, closed to outsiders since January’s devastating Palisades Fire, will reopen May 23 in advance of Memorial Day weekend.

May 23, 2025

Pershing Square Buys Amazon Stake After 31% Stock Price Drop

Bill Ackman’s Pershing Square Capital Management built a new stake in Amazon, noting that the investor acquired shares at an “extremely attractive” price.

May 23, 2025

Trump Threatens 50% Tariff on EU as Trade War Intensifies

President Donald Trump on May 23 threatened a 50% tax on all imports from the European Union as well a 25% tariff on Apple products unless iPhones are made in America.

May 23, 2025

Samsara Partners With Rivian to Aid Fleet Management

Telematics vendor Samsara is teaming up with electric vehicle manufacturer Rivian, the companies said May 20.

May 22, 2025

60 Seconds: Court Clears Sale of More Ex-Yellow Terminals

The court overseeing the bankruptcy proceedings of Yellow Corp. approved the sale of a further seven terminals, according to a filing.

May 22, 2025

Steelworkers Head Urges Trump to Reject Nippon Bid

The comments are likely a final salvo from David McCall, who has stood in opposition of U.S. Steel’s proposed sale to the Japanese suitor since the deal was announced in December 2023.

May 22, 2025

thyssenkrupp Supply Chain Services Recognized as a Top Logistics Company in North America for 2025

Troy, MI – thyssenkrupp Supply Chain Services, a leading provider of integrated logistics solutions, has been recognized as a Top 3PL (Third Party Logistics) provider for 2025 by both Armstrong & Associates and Transport Topics, a renowned logistics market research institute and industry newspaper. The dual recognition in the Dry Warehousing and Dedicated Transportation categories underlines thyssenkrupp Supply Chain Services’ commitment to service excellence, operational innovation, and customer-focused logistics solutions that deliver measurable value across global supply chains.

May 19, 2025