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Maintenance Costs Rise in Q3, Report Finds

Thu, 01/25/2024 - 13:25
Parts and labor costs in the trucking industry rose 1.9% in the third quarter of 2023 according to a report by American Trucking Associations’ Technology & Maintenance Council and Decisiv.

Buttigieg Calls on Congress to Pass Rail Safety Bill

Thu, 01/25/2024 - 12:36
Secretary Pete Buttigieg recently pressed Congress to pass legislation that would strengthen rail safety policies.

Kodiak Opens Truck Port at Ryder Facility in Houston

Thu, 01/25/2024 - 12:21
Kodiak Robotics opened a second truck port for its autonomous semis at a Ryder System Inc. fleet maintenance facility in Houston, the companies said Jan. 23.

CSX Reports Slight Revenue Knock for Q4

Thu, 01/25/2024 - 11:41
CSX Corp. experienced a slight decrease in year-over-year revenue during the fourth quarter of 2023, the company reported Jan. 24.

US Economy Grew at Strong 3.3% Rate to End 2023

Thu, 01/25/2024 - 11:02
WASHINGTON — The nation’s economy grew at a brisk 3.3% annual pace in Q4 as Americans showed a continued willingness to spend despite high interest rates and price levels.

Hyzon Sends Four Hydrogen FCEV Trucks to PFG in California

Thu, 01/25/2024 - 10:52
Hyzon delivered four trucks to Performance Food Group’s Vistar facility in Fontana, Calif., the first deliveries of the hydrogen fuel cell electric vehicle to its largest U.S. customer.

Knight-Swift Reports 11% Revenue Increase for Q4

Thu, 01/25/2024 - 10:32
Knight-Swift Transportation Holdings Inc. profits dropped during the fourth quarter but the carrier experienced an increase in revenue, the company reported Jan. 24.

Auto Dealers Campaign for Biden to Halt Tailpipe Emissions Rules

Thu, 01/25/2024 - 10:05
DETROIT — More than 4,700 auto dealerships across the U.S. urged President Joe Biden in a letter Jan. 25 to halt the EPA's efforts to enforce stricter vehicle-pollution standards.

Union Pacific Profit Up 1% in Q4 as Deliveries Rise

Thu, 01/25/2024 - 09:16
OMAHA, Neb. — Union Pacific’s fourth-quarter profit crept up 1% as the railroad delivered more fertilizer, imported goods and vehicles.

Truck Driver Deaths Rise in 2022 Occupational Fatality Report

Thu, 01/25/2024 - 09:02
The number of job-related deaths rose 5.7% in 2022 compared with 2021, with workers in broadly defined transportation-related jobs accounting for the largest share of fatalities.

Daimler Truck to Explore Abu Dhabi’s Green Hydrogen Supply

Thu, 01/25/2024 - 08:55
Daimler Truck AG and Abu Dhabi agreed to explore the Gulf state’s supply of green hydrogen to power future fuel cell rigs in Europe.

Governors From 16 States Ask Biden to Roll Back EV Mandates

Thu, 01/25/2024 - 08:15
Governors from 16 states have sent a letter to President Joe Biden, asking him to rescind his electric vehicle mandates in favor of letting the market determine adoption.

Tesla Q4 Earnings Fall Short of Analyst Estimates

Wed, 01/24/2024 - 16:49
DETROIT — Tesla’s net income more than doubled last quarter thanks to a one-time tax benefit but it warned of “notably lower” sales growth this year.

House Committee Hosts WRDA ‘Members’ Day’ Hearing

Wed, 01/24/2024 - 14:31
The transportation panel in the U.S. House of Representatives convened this month for a hearing to give members an opportunity to request support for water infrastructure projects.

Canadian Court Says Trudeau Overreached Curbing 2022 Protests

Wed, 01/24/2024 - 13:44
Canadian Prime Minister Justin Trudeau’s use of emergency legislation to quell the 2022 “freedom convoy” protests in Ottawa and at border crossings was unjustified, the Federal Court of Canada ruled.

German Charging Firm EcoG to Locate Headquarters in Detroit

Wed, 01/24/2024 - 12:47
EcoG, a German electric vehicle charger company, plans to invest $14.4 million to establish its American headquarters in Detroit, with the help of a grant from the Michigan Strategic Fund.

Canadian National Railway Maintains Earnings Growth Forecast

Wed, 01/24/2024 - 10:02
Canadian National Railway is sticking with its outlook for double-digit profit growth over the next few years, moving past a 2023 marred by labor strife, low grain shipments and a sluggish economy.

Samsara Files Patent Infringement Lawsuit Against Motive

Wed, 01/24/2024 - 09:20
Fleet telematics provider Samsara filed a patent infringement lawsuit alleging that competitor Motive Technologies has covertly stolen its technology patents and adopted them as its own.

US House Advances Bill to Protect Moving Privacy

Tue, 01/23/2024 - 15:18
Legislation intended to protect people’s personal information was easily approved by the U.S. House of Representatives this month.

Hydrogen Company Plug Power Closes In on $1.6 Billion Loan

Tue, 01/23/2024 - 15:08
Plug Power Inc. surged the most in three years after the hydrogen company said it’s getting close to finalizing a $1.6 billion loan from the U.S. Energy Department.

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