According to preliminary data from ACT Research, June's net trailer orders decreased by 34% compared to May and were down 75% year-on-year. Despite the softening demand, the backlog for trailer orders remains relatively healthy, with most fleets still in the queue for trailers.
U.S. retailers are gearing up for a cautious but steady holiday season, focusing on mid-range price items, according to a CNBC Supply Chain Survey.
Walmart’s recent success, driven by higher-income shoppers, might not last.
A few years back, Hertz took a bold step by purchasing 30,000 Teslas, aiming to electrify 20% of its rental fleet.
Say goodbye to free soda refills at McDonald's, a move that's stirring up more than just the ice in customers' cups.
McDonald's is reportedly gearing up to introduce a $5 meal deal, aiming to attract customers who felt priced out by recent hikes.
In response to pushback from conservative activists, Target has decided to limit the in-store availability of its Pride Month Collection to roughly half of its 2,000 stores.
California's reputation for high living costs is well-known, but a recent report from Forbes Advisor highlights other areas across the United States that can put a strain on your wallet.
Following California's new $20-an-hour minimum wage law that kicked in on April 1, fast food joints across the state have bumped up their menu prices.
Cocoa prices just hit a new high, reaching over $10,000 per metric ton for the first time.
Kering, a renowned French luxury brand, witnessed a significant decline in its shares, marking its worst performance to date.
In the not-so-distant future, your ideal burger munching time might not align with your growling stomach.
The U.S. recreational vehicle scene is typically dominated by massive, boxy models hailing from Elkhart, Indiana.
Inditex, the parent company of Zara, saw a surge in its stock prices, hitting record highs after reporting robust early spring sales.
A foreign billionaire's rapid acquisition of properties in Carmel, a picturesque coastal town, has sparked concern among locals.
A recent viral social media post sparked a lively discussion about the prices at Five Guys, a popular burger chain in America.
Alibaba Group Holding Ltd. revealed a deeper involvement of Chinese government entities in its various business arms following an inquiry from the US Securities and Exchange Commission.
The EV market is experiencing some shifts: Tesla, Ford, and General Motors are adjusting strategies.
The rise of fast-fashion e-commerce giants like Shein and Temu is shaking up the global air cargo sector, according to industry insiders.
In January, Boeing saw a decline in aircraft orders and deliveries following a midflight incident involving a fuselage panel on one of its 737 Max 9s.
A bid to acquire the remaining assets of bankrupt Yellow Corp. might be back on track, as a ballot sent to local union heads suggests.
United Airlines made headlines three years ago when it axed flight change fees, a move that has cost the company an estimated $2 billion.
Walmart, already a retail giant, is aiming to get even bigger. Over the next five years, the company plans to build or convert more than 150 large-format stores, with some expanding from smaller locations into Supercenters offering groceries and merchandise.
The U.S. Bankruptcy Court has given the green light to Yellow Corp.'s sale of 23 terminal leases to various buyers, totaling $82.89 million.
UPS and FedEx have decided to extend their demand surcharges for additional handling and large packages, despite lower year-over-year volumes.
During the holiday season, online spending hit a record high, increasing by 4.9% year over year, totaling $222.1 billion, according to Adobe Analytics.
In November, Americans increased their spending ahead of the holiday season, with retail sales rising by 0.3%, surpassing expectations and reversing the decline recorded in October.
Gas prices in the United States are dropping, with the national average at $3.137 per gallon, down 9 cents from the previous week and the lowest of the year.
In 2020, the aerospace industry faced a significant upheaval due to the COVID-19 pandemic, resulting in a sharp decline in travel demand, plummeting aircraft orders, and a major impact on aerospace suppliers.
Republican leaders in Congress are investigating the Department of Energy's $3 billion award to Sunnova Energy Corporation, a solar company accused of exploiting vulnerable customers with deceptive sales practices.
McDonald’s is launching a $5 Meal Deal in the U.S. to attract customers amid rising inflation.