UPS, Postal Service reach ‘preliminary agreement’ in Ground Saver talks
The carriers have made progress on terms for volumes and rates as UPS looks to tap back into the agency’s…
Mazda, Nippon Steel partner on CX-5 body design, production
The co-creation effort also aims to enhance the procurement process by selecting a Nippon manufacturing plant near Mazda’s assembly facility.
Trucking carriers work to combat soft market
Less-than-truckload providers are prioritizing profitability over volume to weather the downward freight cycle, per the TD Cowen/AFS Freight Index.
US nears trade pact with South Korea
The two countries have “pretty much finalized” a deal, U.S. President Donald Trump said Wednesday.
OpenAI restructures for independence, secures Microsoft stake through 2032
After nearly a year of negotiation, OpenAI has finalized a sweeping corporate restructuring that transforms its hybrid nonprofit model into…
Skyworks–Qorvo tie-up signals new phase of US semiconductor consolidation
Skyworks Solutions and Qorvo have agreed to merge in a cash-and-stock transaction valued at about US$22 billion, forming a US-based…
BYD reignites price war after smart driving campaign fails to spark demand
After dominating China’s first wave of electric vehicle (EV) adoption, BYD is shifting its focus in 2025 from electrification to…
South Korean tycoons meet Nvidia CEO as part of APEC corporate diplomacy
Leading South Korean conglomerate heads are set to engage in intensive “corporate diplomacy” during the 2025 Asia-Pacific Economic Cooperation (APEC)…