Latest news
In a move to bolster zero-emission freight, the Port of Long Beach and Port of Los Angeles have agreed to dedicate $40 million for electric-truck charging infrastructure. The funding, overseen by the South Coast Air Quality Management District, will support the ports' Clean Truck Fund programs and advance a new financial incentives initiative for zero-emission trucks.
Quarterhill has been awarded a $5.25 million contract by the Oklahoma Department of Transportation to deploy an intelligent transportation system at a commercial vehicle facility on Interstate 35. The project, announced July 30, includes weigh-in-motion and electronic screening systems, and is part of a series of infrastructure wins for the company in 2026.
The United States Postal Service (USPS) reported in its third-quarter fiscal year 2026 financial results that transportation costs rose year-over-year, with air transportation expenses increasing 4.7% to $509 million and highway transportation expenses rising 4.1% to nearly $1.6 billion. The cost increase was mainly driven by high fuel prices and the shift of some mail from highway back to air transportation to fulfill the UPS air cargo contract. Despite a temporary 8% price increase boosting package revenue by 7.7%, the quarter still recorded a net loss of $2.5 billion.
Chicago Freight, based in Carol Stream, Illinois, filed for Chapter 7 bankruptcy on Aug. 5, listing $2,500 in assets and nearly $696,000 in liabilities. The company, led by President Nathan Hancock, previously operated under several other names. Its gross revenue fell from $4.6 million in 2024 to $4.2 million in 2025, and to about $655,000 by the petition date. The filing adds to recent industry bankruptcies that analysts say are tightening capacity and supporting rate gains, though overall freight volumes remain weak.
XPO 近期货运量增长与制造业复苏同步,首席战略官 Ali Faghri 称工业部门正处于多年需求上行周期的早期阶段。公司 Q2 LTL 收入同比增长 15.2%,并新增 2700 家本地客户。
Meta发布假日营销指南,强调购物旅程已演变为多阶段、跨平台模式,营销者应尽早启动AI驱动的Advantage+广告系列,以优化触达和转化。
Daimler Truck North America announced plans to build a new U.S. manufacturing facility, with production slated to begin in late 2029. The company is evaluating multiple potential locations, aiming for a highly automated, state-of-the-art plant. The announcement follows the confirmed closure of its Portland, Oregon, facility and comes as order intake surged 156% year-over-year in Q2 2026, prompting a raised full-year outlook.
In the wake of the Supreme Court's June ruling in Montgomery v. Caribe Transport II, which allows state tort claims against freight brokers under a safety exception, major carriers and brokers are positioning their safety records and infrastructure as advantages. Executives from Knight-Swift, Schneider, Landstar, J.B. Hunt, and RXO shared insights on Q2 earnings calls, highlighting potential market tightening, increased insurance costs, and a shift toward higher-quality carriers.
Pinterest and Zillow have partnered to let Zillow Elevate advertisers reach Pinners via Pinterest's Media Network Connect, leveraging 34 Zillow consumer segments for precise ad targeting.
Meta 宣布扩大 Creator Studio 应用的访问权限,现向美国和加拿大的所有 iOS 创作者开放。该应用旨在为创作者提供无干扰的工作空间,并利用 AI 提供个性化建议和评论回复功能。早期测试者反馈积极,有创作者通过该应用获得数千粉丝和收入增长。