The report on Feb. 5 also showed hiring intentions slid 13% from a year earlier to 5,306 — marking the weakest total for any January in the firm’s records back to 2009.

Sales increased 8.8% to 23,600 units from 21,700 in the 2024 period. The average retail sale price decreased 1% to $57,048 from $57,615 year over year but rose 6.1% sequentially from $53,766. Average ...

[Stay on top of transportation news: Get TTNews in your inbox.] A.P. Moller-Maersk A/S plans to cut 1,000 jobs and focus on cost discipline this year as the container giant seeks to insulate its ...

[Stay on top of transportation news: Get TTNews in your inbox.] Amazon.com Inc. reported fourth-quarter earnings slightly below Wall Street estimates even as sales surged and it reported the fastest ...

Ford Motor Co. has held discussions with China’s Zhejiang Geely Holding Group Co. about sharing manufacturing capacity in Europe, with the U.S. carmaker seeking new global partnerships as it overhauls ...

First Brands founder Patrick James and his brother Edward pleaded not guilty to fraud charges in New York stemming from the multibillion-dollar collapse of their auto parts supply business. The James ...

R&R Family of Cos. closed in January after losing support from its largest lender during prolonged weak freight conditions. Lenders cited $65 million in unpaid trade debts, liquidity shortfalls and ...

The partial U.S. government shutdown ended late in the afternoon of Feb. 3 after President Donald Trump signed into law a funding deal he negotiated with Senate Democrats, overcoming opposition from ...

PepsiCo reported Q4 revenue up 5.6% to $29.3 billion as it announced plans to cut prices on major snack brands to counter weakening demand. The company said rising packaging, ingredient and ...

[Stay on top of transportation news: Get TTNews in your inbox.] The Trump administration hosted 55 countries at a critical-minerals summit Feb. 4, pitching price floors and a flood of U.S. private ...

U.S. port activity experienced a December slowdown, closing out what began as an especially busy year. The Port of Los Angeles processed 791,588 20-foot equivalent units, a 14% decline from 921,617 in ...

International Motors will cut 300 corporate, salaried jobs as weak truck demand continues into early 2026, though no hourly production plant staff will be laid off. The company attributed the ...