News
Rivian deliveries top estimates as R2 SUV sales start - TT
3+ hour, 36+ min ago (203+ words) Rivian Automotive Inc. raised its full-year sales outlook, a promising sign as the electric vehicle maker begins deliveries of its lower-cost SUV, which is seen as critical to the company's future. The company now expects to deliver between 65, 000 and 70, 000 vehicles…...
Inside a $10. 1 M cargo theft ring - TT
1+ day, 20+ hour ago (917+ words) The case of Aivaras Zigmantas, who was sentenced to prison in Illinois, highlights how cargo thieves are using deception at scale to pull off lucrative heists targeting motor carrier freight. The impact is significant: The American Transportation Research Institute estimates…...
Tariff checks may give earnings a second-half jolt - TT
2+ day, 2+ hour ago (813+ words) The sweeping tariffs underpinning President Donald Trump's economic policy may have shifted from a headwind to a tailwind for the stock market, with the Supreme Court's decision to unwind them setting the stage for a potential earnings boon for some…...
Chinese tech rule blocks future Polestar U. S. models - TT
2+ day, 19+ hour ago (325+ words) Polestar Automotive Holding UK was denied authorization to sell future models in the U. S. from next year under connected-vehicle rules aimed at limiting Chinese technology. Polestar, which is backed by Zhejiang Geely Holding Group, said in a statement it will continue…...
Agentic AI, Shipper Expectations and Advice Every CEO Needs
2+ day, 20+ hour ago (190+ words) The conversation around AI in trucking has never moved faster, and for many carriers that speed is itself the problem. Mark Hill, Chief Executive Officer at PCS Software, sat down with Transport Topics' Seth Clevenger to work through the questions…...
Online spending reaches $26. 4 B during Amazon Prime Day sale - TT
3+ day, 2+ hour ago (322+ words) Online spending across all retailers in the U. S. hit $26. 4 billion during Amazon. com Inc. s annual Prime Day sale, according to Adobe Inc. , narrowly beating the firms earlier estimate of $26. 3 billion. The four-day event ended July 10, with competitors such as Walmart…...
Jim Beam Stops Production at Key Distillery Amid Bourbon Glut - TT
6+ mon, 1+ week ago (292+ words) Bourbon maker Jim Beam plans to pause production at its main U. S. distillery for all of 2026 after slumping demand caused an oversupply of whiskey." The brand, owned by Japanese alcohol giant Suntory Holdings, said it's halting whiskey distillation at the James…...
International Q2 Truck Sales, Profit Rise Amid Dim Outlook - TT
11+ mon, 3+ day ago (612+ words) International Motors posted an 11. 3% gain in truck sales during the second quarter of 2025, helping to lift operating profit and margins for the North American division of Traton Group. Lisle, Ill. -based International sold 14, 628 trucks in the most recent quarter, compared with…...
International Motors Posts Q3 Loss on Sales Slump, e RH Exit - TT
8+ mon, 2+ day ago (864+ words) International Motors posted an operating loss in the third quarter of 2025 as truck sales plummeted 64% year over year, and the truck and bus maker canceled plans for its e RH Series battery-electric tractor. Lisle, Ill. -based International posted an operating loss…...
Knight-Swift Sees Profit Slump Despite Higher Sales - TT
8+ mon, 1+ week ago (491+ words) Knight-Swift Transportation Holdings reported third-quarter net income of $7. 86 million, down from $30. 5 million a year earlier, despite a 2. 7% revenue increase to $1. 93 billion. The company's. .. Knight-Swift Sees Profit Slump Despite Higher Sales Truckload Carrier Navigates Impairments and Slower Freight Recovery - Knight-Swift Transportation…...