“When you start thinking about turnover in the realm of the cost of losing a driver, you realize the value of saving just one driver,” Dismuke said. (FreshSplash/Getty Images) June 16, 2026 2:11 pm, EDT key takeaways: Survey results for spring 2026 showed that 58.1% of drivers are looking for new truck driving jobs, up
Amazon boxes are housed at a U.S. Postal Service facility in Fairfax, Virginia. (Andrew Harrer/Bloomberg) June 16, 2026 4:28 pm, EDT key takeaways: Amir Nasser pleaded guilty to wire fraud after defrauding Amazon Logistics of more than $3.5 million through fraudulent trailer movement claims. The scheme involved more than 1,000 fraudulent assignments using fake or
A Rivian R2 SUV during the final assembly and inspection process at the manufacturer’s plant in Normal, Illinois on May 19. (Scott Olson/Getty Images) June 16, 2026 4:30 PM, EDT key takeaways: The job cuts represent less than 2% of Rivian’s workforce. The move comes about a week after Rivian began customer deliveries of its
Advertising has become a lucrative and fast-growing business for Amazon, generating $68.6 billion in revenue last year, according to company filings. (Gabby Jones/Bloomberg) June 16, 2026 5:30 pm, EDT key takeaways: Amazon is facing a potential FTC lawsuit or settlement over claims it misled advertisers about sponsored ads and related pricing. The target of the
(Images: Chevrolet (Editing/Fonting by TFL Studio) Take a look at the new 2027 Chevy Silverado 1500 lineup. General Motors is finally taking the wraps off its latest full-size pickup truck. We have official photos and data provided by the company. Did Chevrolet do enough to keep the Silverado 1500 in the lead? Let’s dig! external
Images by Ford. Ford’s latest pickup truck prototype was first spotted in the wild just about a week ago. There was something hidden in the cover of the car. It was a QR code that linked to a Ford website that has more information about this as-yet-unnamed new pickup truck that’s
Peterbilt sales declined 15.9% to 2,611 trucks in May from 3,105 in the year-ago period. (Peterbilt Motors Company) June 16, 2026 2:52 pm, EDT key takeaways: Class 8 retail sales fell 8% year on year in May but rose 8.4% from April, indicating a modest improvement amid continued caution. Despite improving fundamentals of manufacturing activity
There is growing evidence that a sustained recovery is underway, with dedicated truckload contract rates continuing to rise. (John Tetzlaff/Getty Images) June 16, 2026 1:16 pm, EDT key takeaways: Werner executives said clear rate strength is being seen in dedicated truckload contract renewals, offsetting earlier gains in the spot and one-way contract markets. This trend
A containership at the Port of Los Angeles. (Eric Thayer/Bloomberg) June 16, 2026 11:31 am, EDT key takeaways: U.S. import prices rose 1.9% in May, matching April’s increase, with the increase driven by higher costs of plastics, air travel and computer equipment, BLS data showed on June 16. The surge reflects inflationary pressures linked to
A sign displaying the price of regular gasoline and diesel fuel at a Citgo gas station in Brewer, Maine on June 8. (Graeme Sloan/Bloomberg) June 16, 2026 8:44 am, EDT key takeaways: A temporary US-Iran agreement to reopen the Strait of Hormuz has begun to ease oil prices, but consumers are unlikely to see immediate