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Port of Baltimore Security Lauded by US Coast Guard

Mon, 01/29/2024 - 14:44
The Port of Baltimore for the 15th straight year has received a top U.S. Coast Guard security assessment for its six state-owned, pubic marine terminals.

GM, Honda Hydrogen Fuel Cell JV Begins Commercial Production

Mon, 01/29/2024 - 13:42
A joint venture between General Motors and Honda began commercial production Jan. 25 of hydrogen fuel cells in Brownstown, Mich., aimed at the commercial vehicle market.

Love’s Travel Stops Previews Expansion Plans for 2024

Mon, 01/29/2024 - 13:06
Love’s Travel Stops is rolling out a planned $1 billion expansion of its truck stop network this year with new and remodeled stores that expand the offerings available to truck drivers.

Crossword Puzzle Solution for January 29, 2024

Mon, 01/29/2024 - 12:30
Here's the solution to the crossword puzzle found in the January 29, 2024 print edition.

Toyota Union Seeking Higher Wages, Bonus in Negotiations

Mon, 01/29/2024 - 11:48
Toyota Motor Corp.’s workers’ union is seeking a bonus of 7.6 months worth of salary as it prepares for annual compensation negotiations with the Japanese carmaker.

More Than a Weak Week: Biden Touts ‘Infrastructure Decade’

Mon, 01/29/2024 - 11:01
President Joe Biden, seeking another four years in office, stopped by the Badger State recently to tout his infrastructure bona fides. Here's the week ahead for trucking on Capitol Hill. 

Walmart Adds Stock Grants as Perk in Manager-Retainment Push

Mon, 01/29/2024 - 09:55
NEW YORK — Walmart is further sweetening the perks for its U.S. store managers as it seeks to retain its leaders and attract new ones in a still competitive job market.

Norfolk Southern Q4 Profit Down 33%, Derailment Costs Rising

Fri, 01/26/2024 - 15:19
Norfolk Southern’s Q4 profit fell 33% due to the ever-growing costs of the cleanup of last year’s derailment in eastern Ohio, but the railroad did deliver 3% more shipments in the quarter.

Europe’s Diesel Supply Chain Threatened by High Freight Costs

Fri, 01/26/2024 - 14:19
A surge in shipping costs due to turmoil in the Red Sea is pressuring Europe’s diesel supply chain, contributing to a sharp jump in fuel prices.

Volvo Q4 Profit Jumps 80.6% as Deliveries, Margins Increase

Fri, 01/26/2024 - 12:48
A jump in truck sales and margins in the fourth quarter of 2023 at Volvo Group saw the Swedish original equipment manufacturer’s profits almost double year-over-year, it said Jan. 26.

FMCSA Plans to Remove 15,000 Medical Examiner Certifications

Fri, 01/26/2024 - 11:51
Federal trucking regulators plan to disqualify more than 15,000 physicians responsible for certifying that truck drivers are healthy enough to get behind the wheel.

United Rentals Q4 Profit Rises 6.3% on Broad Demand Strength

Fri, 01/26/2024 - 11:41
United Rentals reported net profit of $679 million in the fourth quarter of 2023, a 6.3% year-over-year increase compared with $639 million in the year-ago period.

Biden Freezes Approvals of New Licenses for LNG Exporters

Fri, 01/26/2024 - 10:49
The Biden administration on Jan. 26 halted the approval of new licenses to export U.S. liquefied natural gas — a moratorium likely to disrupt plans for billions of dollars in projects.

Justice Department Inquiring Into Cruise Collision Fiasco

Fri, 01/26/2024 - 09:40
SAN FRANCISCO — General Motors is facing a U.S. Justice Department investigation into a collision that critically injured a pedestrian and derailed its self-driving car ambitions.

Maersk Unveils World’s Biggest Methanol-Powered Containership

Fri, 01/26/2024 - 09:29
A.P. Moller-Maersk A/S’s newest methanol-powered vessel will soon set sail from South Korea as the shipper seeks to reduce emissions in one of the world’s most-polluting industries.

Volvo Shares Fall After Outlining Truck Production Cuts

Fri, 01/26/2024 - 08:48
Volvo AB declined after saying it will gradually reduce production in line with normalizing demand after years of supply chain disruptions that left manufacturers with record order banks.

Daily Fuel Tanker Costs Eclipse $100,000 for Some in Red Sea

Thu, 01/25/2024 - 15:16
Some oil tanker earnings have soared above $100,000 a day as the disruption of shipments through the Red Sea persists.

USDOT Gives Truck Parking Projects $292 Million in Grants

Thu, 01/25/2024 - 14:33
Infrastructure projects aimed at expanding and improving truck drivers’ access to parking are receiving $292 million in federal funding, the U.S. Department of Transportation announced.

Transportation Nominees on Senate’s To-Do List

Thu, 01/25/2024 - 14:09
Robin Hutcheson’s exit from the Federal Motor Carrier Safety Administration will add to a list of transportation nominations the Senate will be tasked to consider during an election year.

Xos Class 8 Tractor Start of Production Remains on Schedule

Thu, 01/25/2024 - 13:38
Xos’ plans for manufacturing a Class 8 tractor remain on schedule even as the electric truck maker sought to bolster its finances earlier in January, CEO Dakota Semler told Transport Topics.

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