According to CMA CGM, the expanded operation will have a workforce of 20,000 people across more than 240 locations in North America. (Christophe Morin/Bloomberg) July 1, 2026 10:08 am, EDT | Update: July 1, 2026 10:39 am, EDT key takeaways: FedEx agreed on July 1 to sell FedEx Supply Chain to CMA CGM Group for
On July 1, Filter became Green Bay, Wisconsin-based Schneider’s top executive. (schneider) July 1, 2026 at 8:30 am EDT key takeaways: Jim Filter became CEO of Schneider at the Green Bay, Wisconsin-based carrier on July 1, replacing Mark Rourke. Schneider’s dedicated fleet grows to about 8,600 tractors by 2025 as the acquisition reverses its truckload
The new 2028 Ford UEV pickup truck may actually be much smaller than the current Ford Maverick. Wow! Can this be true? Let’s dig! We’re eager to learn more about Ford’s upcoming new UEV pickup truck. There is no official name for this vehicle yet, but many people are calling it new. Ranchera. our friends
This acquisition expands PLS’s domestic freight services as well as international forwarding capabilities. (PLS Logistics via YouTube) June 30, 2026 at 3:00 pm, EDT key takeaways: PLS Logistics Services acquired AGL Group, a Weymouth, Mass.-based international freight forwarder, the company announced June 25. PLS said the deal expands its domestic freight services as well as
(AI assisted transportation topic) June 30, 2026 3:10 pm, EDT key takeaways: Avaros Zigmantas was sentenced to five years in prison in Chicago for carrying out a multi-year cargo theft scheme that stole more than $10.1 million from approximately 90 shipments. According to ATRI, prosecutors said the scheme exploited load boards and fake identities to
A Rush Truck Center dealership in Denver. The Louisiana deal brings five full-service Peterbilt dealership locations, a collision center and a packlease operation to the Rush Truck Center network. (Rush Enterprises via LinkedIn) June 30, 2026 3:45 pm, EDT key takeaways: Rush Enterprises acquired certain assets of Peterbilt of Louisiana on June 30, including five
Tanker trucks wait at Petroleos Mexicanos’ storage and dispatch terminal. (Felix Marquez/Associated Press) June 30, 2026 4:47 pm, EDT key takeaways: The US Treasury imposed sanctions on two Mexican nationals and nine Mexico-based companies on June 30 over alleged fuel-smuggling ties to the CJNG cartel. Illegal fuel smuggling costs Mexico more than $11 billion annually
June 30, 2026 5:26 pm, EDT key takeaways: Air Products canceled its Louisiana Clean Energy Complex on June 30, citing expected financial returns below its criteria. The company will take a pretax charge of up to $2.9 billion related to the Louisiana project and other clean energy initiatives. Air Products will also close a zero-carbon
Amazon website on smartphone. (Gabby Jones/Bloomberg) June 30, 2026 at 5:03 pm, EDT key takeaways: Amazon agreed to pay $2.25 million to settle US claims disclosed on June 29 that it withheld identity-theft records from customers. The FTC said Amazon made unreasonable demands on victims seeking legally required records about fraudulent purchases under the Fair
“Truck drivers should not have to choose between following the law and finding a safe place to park,” said FMCSA Administrator Derek Bars. (Federal Motor Carrier Safety Administration via Facebook) June 30, 2026 2:15 pm, EDT key takeaways: Florida plans to add more than 900 truck parking spaces along the Interstate 4 corridor using federal