Zim Q4 results surprise to upside but 2023 ‘extremely challenging’

Zim, the world’s 10th-largest ocean carrier, announced a big earnings beat for the fourth quarter and paid out a higher-than-expected dividend. However, it faces a tough year ahead, with a chance of at least some quarters in the red. The company’s shares (NYSE: ZIM) surged Monday on news of the earnings beat, jumping as much…

Navistar recall focuses for 3rd time on parking brake issue

Navistar Inc. is reliving for a third time a recall of medium- and heavy-duty trucks experiencing engine revving that can overwhelm the parking brake and lead to unintended movement. The Lisle, Illinois-based manufacturer and Traton Group subsidiary is recalling nearly 30,000 International HV and MV trucks from the 2022-24 model years, and IC Bus TC…

American truckers, autonomous yards and AI excuse generators – WTT

On today’s episode of WHAT THE TRUCK?!? Dooner is talking to American tanker trucking badass Taylor Barker about life on the road and his music. He talks about trucking wastewater out of East Palestine, Ohio, his view of the tanker market, in-cab surveillance, ghosts and we’ll hear his song “What I Wouldn’t Give.” StreetDrone is…