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GXO Reports Q1 Revenue Increase to Nearly $3 Billion

GXO Logistics experienced an increase in revenue but a loss in earnings during the first quarter of 2025, the company reported May 8.

May 8, 2025

Trump Hints at Tariff Rollback if China Talks Succeed

Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer are set to meet in Switzerland with Chinese Vice Premier He Lifeng on trade in the coming days.

May 8, 2025

Food and Beverage Fleets Adopt Sustainable Practices

Private fleets operating in the food and beverage sector are demonstrating effective use cases for electric-powered trucks, electric transport refrigeration units and alternative fuels.

May 8, 2025

Inflation Expectations Hit Nearly 3-Year High

Median expectations for inflation three years from now rose to 3.2% in April, the highest reading since July 2022. Estimates for year-ahead price growth, however, held steady.

May 8, 2025

Forward Air Reports Revenue Growth, Smaller Net Loss in Q1

Forward Air experienced a year-over-year increase in revenue and a smaller net loss amid efforts to improve operations during the first quarter of 2025, the company reported May 7.

May 8, 2025

US Imports Slow as Trump Tariffs Ripple Through Supply Chain

The slowdown of U.S. imports due to tariffs is expected to have downstream effects on the rest of the supply chain, including trucking, according to experts.

May 8, 2025

Used Class 8 Truck Sales Rise in March as Prices Slip

Used Class 8 truck sales for March increased on a year-over-year basis, but prices declined amid shifting market conditions, ACT Research reported.

May 8, 2025

Class 8 Truck Orders Fall 52% During April

Preliminary data showed orders decreased 52.1% year over year to 7,600 units from 15,850. They also fell 53.9% sequentially when compared to the 16,500 units in March.

May 8, 2025

Volvo Autonomous TaaS Product to Be Known as Autona/freight

Volvo Autonomous Solutions’ rollout of its transport-as-a-service offering ramped up a couple of notches in recent days.

May 8, 2025