July 29, 2026 5:40 pm, EDT ABF freight contributed 66.2% of ArcBest’s revenue in the second quarter. (archbest) key takeaways: ArcBest reported a net loss of $13.8 million in the second quarter despite a 15.7% increase in revenue. A $34.5 million impairment charge and higher operating costs impacted quarterly earnings. The company is consolidating brands,
Waymo Ojai self-driving vehicles in San Francisco. (Jason Henry/Bloomberg) June 25, 2026 5:36 pm, EDT key takeaways: Waymo registered Waymo Germany GmbH on June 15 to provide autonomous ride-hailing services, listing Google’s Munich office as its address. The move advances Waymo’s global expansion plans beyond the US, where it says it offers 500,000 autonomous trips
GM executives acknowledge consumers are feeling the impact of higher gas prices. Buyers are moving away from trucks and SUVs. Gas price increases typically take longer to impact consumers. Speaking during a briefing seminar at the Center for Automotive Research in Ypsilanti, Michigan, Duncan Allred, president of General Motors North America, said higher gasoline prices