Highway Holdings Q1 EPS $0.02 Up From $0.01 YoY, Sales $1.999M Up From $1.547M YoY

Highway Holdings Signs JV Agreement With Guangdong Huahu New Energy; To Commit $2M In JV Funding; Sees Sales And Profit Contribution, Including From New Components Business

Huahu is a China-based manufacturer of battery energy storage systems marketed under the Wowtiger brand.The companies expect to officially form Huahu International New Energy Technology Company Limited, a Hong Kong

Shares of machinery-related companies are trading higher in sympathy with Caterpillar after the company reported strong second-quarter financial results. Declining oil prices have also helped ease inflation concerns, with lower financing costs potentially supporting capital investment and demand for heavy equipment and other large industrial purchases.

Q2 2026 Freight Fraud Index: Half of All Incidents Now Tied to Communication Based Attacks

Highway released its Q2 2026 Freight Fraud Index showing a significant increase in communication-based fraud attacks, with 784,201 blocked fraudulent emails (48.5% QoQ increase), 109,995 spoofed phone calls (53.2% QoQ increase), and a 282% surge in impersonation attempts targeting Highway itself. The data reveals fraudsters are shifting from creating fake identities to exploiting existing trust through compromised inboxes and account takeovers. Ownership change fraud rose to 25.6% of reported thefts despite a 40.9% drop in ownership discrepancy alerts.

Highway Holdings Inks Letter Of Intent With Guangdong Huahu New Energy Technology To Integrate Guangdong's Products And Technology With Highway Holdings' Global Production Capabilities