20 more freight carriers go bankrupt
Twenty more freight carriers recently filed for bankruptcy as trucking industry challenges persist, with major equipment lenders owed millions. According...
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Transportation
Daimler Truck Financial Services originations drops 12.4% YoY
Daimler Truck Financial Services' originations fell amid foreign exchange headwinds and elevated credit risk tied to a prolonged freight recession....
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Daimler Truck says higher orders, savings to offset tariffs
Daimler Truck Holding AG plans deeper cost cuts and is banking on stronger sales to counter rising tariff expenses, with...
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TRATON Financial Services revenue rises 13.3% YoY
TRATON Group reported higher incoming orders but lower revenue and earnings in 2025 as weak truck demand in key markets...
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Bot Auto, Ryan Transportation to launch driverless freight route
Bot Auto and Ryan Transportation are launching fully driverless freight operations between Houston and Dallas, expanding the commercial use of...
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Daimler autonomous subsidiary Torc Robotics enters Michigan
Torc Robotics has expanded its autonomous truck testing to public roads in Michigan, marking the latest step in its push...
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Renault assumes full ownership of Flexis JV
Volvo Group, Renault Group and CMA CGM have agreed to restructure their joint venture Flexis, with Renault set to acquire...
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Rush, Penske truck sales dive in 2025 amid tight lending climate
Truck dealers Rush Enterprises and Penske Automotive saw truck sales slide across the board in 2025 as the freight downturn continued. The industry grappled...
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