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ADM Shares Plunge After Accounting Probe Places CFO on Leave

Archer-Daniels-Midland Co. plunged after the U.S. agricultural trading giant suspended its CFO and cut its earnings outlook pending an investigation into its accounting practices.

January 22, 2024

Progress in Sensor Technology for Trucks Showcased at CES

LAS VEGAS — Trucking sensors are becoming an increasingly pivotal area of focus as an enabler of automotive technology, with that growing importance demonstrated at CES 2024.

January 19, 2024

Boeing Cargo Plane Makes Emergency Landing at Miami Airport

MIAMI — A witness saw sparks shooting from a cargo plane as it made an emergency landing at Miami International Airport shortly after takeoff.

January 19, 2024

Outlook Brighter for Trucking M&A Market in 2024

The trucking acquisition market is looking to enter a more active year with market conditions likely to drive buyers and sellers to the table in 2024, according to the Tenney Group.

January 19, 2024

J.B. Hunt Reports Revenue Declined to $3.3 Billion for Q4

J.B. Hunt Transport Services Inc. reported a decline in fourth-quarter earnings as a result of weaker performance across its segments and rising insurance costs, the company reported Jan. 18. 

January 19, 2024

Stellantis CEO Says Pace of EV Push Hinges on Elections

Stellantis NV CEO Carlos Tavares said elections in the U.S. and Europe this year will dictate how quickly he can execute his 30 billion euro investment plan in electric vehicles.

January 19, 2024

AI, Analytics, Automation Drive the Development of TMS

Transportation management systems have evolved to provide real-time data and advanced analytics to improve freight visibility and fleet decision-making.

January 19, 2024

Red Sea Attacks Disrupt Food Trade, Risk Higher Grocery Costs

Chaos in the Red Sea is starting to disrupt shipments of produce from coffee to fruit — and threatening to halt a slowdown in food inflation that brought some relief to strained consumers.

January 19, 2024

Cummins, Daimler, Paccar Pick Site for Battery Plant Venture

Accelera by Cummins, Daimler Trucks & Buses US Holding and Paccar Inc. on Jan. 18 selected Marshall County, Miss., as the manufacturing site for their planned battery cell joint venture.

January 19, 2024

Ford Cuts Workforce Making Electric F-150s on Weak Demand

Ford Motor Co. said that it would reduce the number of workers making its F-150 Lightning truck as demand for electric vehicles continues to weaken.

January 19, 2024