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Updated: 29 min 53 sec ago

EV Shift Becomes Life-or-Death Risk for Automakers

Thu, 04/08/2021 - 11:00
The shift to electric vehicles won’t happen like the flip of a light switch.

Pilot Freight Services Acquires DSI Logistics

Thu, 04/08/2021 - 10:45
Pilot Freight Services announced it acquired DSI Logistics, a nonasset-based provider of last-mile home delivery and installation for heavy and hard-to-handle goods.

Atlantic Faces Another Wild Hurricane Season After Record 2020

Thu, 04/08/2021 - 10:00
The Atlantic hurricane season is poised to be another wild one, with forecasters predicting an above-average 17 named storms sweeping out of the basin.

US Jobless Claims Jump, Showing Choppy Labor Recovery

Thu, 04/08/2021 - 09:30
Applications for U.S. state unemployment insurance unexpectedly rose for a second week, underscoring the uneven nature of the labor market recovery.

Syncreon Holdings Reported to Be Weighing $1.5 Billion Sale

Thu, 04/08/2021 - 09:00
The owners of supply-chain services company Syncreon Holdings are exploring a sale of the company that could value it at as much as $1.5 billion, including debt, according to people with knowledge of the matter.

Texas Bill Seeks to Reduce Large Jury Verdicts in Crash Lawsuits

Thu, 04/08/2021 - 08:30
A bill making its way through the Texas Legislature could make it more difficult for victims to reap multimillion-dollar jury verdicts against truckers in lawsuits that result in serious injury or death following a crash.

Peterbilt Announces New Medium-Duty Trucks and Transmission, Updated Engines

Wed, 04/07/2021 - 17:00
Peterbilt Motors Co. announced two new medium-duty box truck models — the 535 and 536 — aimed at the lease and rental segment; and two other models — the 537 and 548 — intended for the vocational “Class 7/8 market” that allow for multiple body builder integrations.

Stakeholders Advocate Action on Biden’s Infrastructure Plan

Wed, 04/07/2021 - 16:15
With policymakers aiming to commence consideration of President Joe Biden’s $2.25 trillion infrastructure plan this spring, groups representing every corner of the transportation landscape appear united in their calls for action on Capitol Hill.

EV-Battery Rivals Prod Biden With Rare Trade Veto in Balance

Wed, 04/07/2021 - 16:00
Two of the world’s largest electric-vehicle battery-makers have hired top Washington insiders to hold near-daily meetings with the Biden administration in a battle that could affect the electrification plans of Ford Motor Co. and Volkswagen AG.

CVSA Schedules Operation Safe Driver Week for July 11-17

Wed, 04/07/2021 - 15:00
Commercial Vehicle Safety Alliance's annual event will target risky driving behaviors. particularly speeding.

Why Remote Control Isn’t Required for Self-Driving Vehicles

Wed, 04/07/2021 - 14:30
WASHINGTON — As autonomous vehicle testing advances without cohesive federal guidelines, companies are operating under inconsistent or nonexistent rules for how and whether a vehicle is monitored and controlled on the road.

New York Announces Funding Availability for Northern Border Region Projects

Wed, 04/07/2021 - 13:45
New York Gov. Andrew Cuomo announced $4.6 million in grant funding is available to support projects related to economic development and infrastructure in the state’s northern border region.

UPS Orders Electric Aircraft to Transport Cargo Between Facilities

Wed, 04/07/2021 - 13:45
UPS Inc. is ordering 10 electric aircraft that are designed to take off and land like a helicopter, allowing it to fly cargo directly between its facilities in small markets and bypass airports.

Nikola Loses EVP Heading Fuel Cell Development

Wed, 04/07/2021 - 11:30
Nikola Corp., the troubled hydrogen-powered and battery-electric truck startup, lost a key member of its executive team with the departure of the former head of its fuel cell development program.

NTSB Adopts New Most Wanted List of Safety Concerns

Wed, 04/07/2021 - 11:00
The National Transportation Safety Board’s new Most Wanted List includes calling on automobile and truck manufacturers to install collision-avoidance and connected-vehicle technologies in all vehicles.

Commodity Shipping Rates Surge; Rally Isn’t Over

Wed, 04/07/2021 - 10:15
For a glimpse of how quickly and unevenly economies are recovering from the pandemic, look no further than the market for shipping raw materials.

Shell to Make First Profit From Oil Output Since Pandemic

Wed, 04/07/2021 - 10:00
Royal Dutch Shell Plc expects to make its first profit from pumping oil since the start of the pandemic, the petroleum giant said.

Haldex Reports Positive 2021 Outlook, Taps New CEO

Wed, 04/07/2021 - 09:30
Haldex said in its recently released annual report that the outlook for 2021 is positive as it continues its role as a global supplier of brake products and air suspension systems for heavy-duty trucks and trailers.

XPO Logistics Taps Chief Financial Officer for Spinoff GXO

Wed, 04/07/2021 - 09:30
XPO Logistics announced April 6 that Baris Oran will become chief financial officer of its planned spinoff business GXO Logistics.

DeFazio Touts Benefits of Infrastructure Plan

Tue, 04/06/2021 - 16:30
President Joe Biden’s $2.25 trillion infrastructure proposal would address environmental concerns and enhance the business landscape nationwide, said the top transportation policymaker in the U.S. House of Representatives.