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Updated: 9 min 13 sec ago

Oil Rises After OPEC+ Agrees to Boost Output Gradually

Thu, 04/01/2021 - 11:15
Oil rose after the OPEC+ alliance agreed to increase oil production gradually over the next three months.

Maffei Named Maritime Commission Chairman

Thu, 04/01/2021 - 10:30
The Biden administration tapped Daniel Maffei to lead the Federal Maritime Commission, the agency announced recently.

US Jobless Claims Rise as Labor Market Recovery Remains Choppy

Thu, 04/01/2021 - 10:00
Applications for U.S. state unemployment insurance unexpectedly rose last week but remained near the lowest levels of the pandemic as the labor market meanders toward full recovery.

‘Chargers Everywhere’: Biden Maps $174 Billion Path for EV Boom

Thu, 04/01/2021 - 09:30
The U.S. auto industry sees President Joe Biden’s infrastructure package as accelerating a global shift toward electric vehicles, thanks to the $174 billion proposed for charging stations, planned consumer rebates for American-made EVs and a pledge to electrify the government’s fleet.

FleetPride Acquires Southern Truck Center

Thu, 04/01/2021 - 09:15
FleetPride acquired the assets of Southern Truck Center, the truck parts and service distributor announced March 31.

Fleets Selected for NACFE's Run on Less - Electric Event

Wed, 03/31/2021 - 15:00
The North American Council for Freight Efficiency has announced Run on Less – Electric, a real-world demonstration slated for September of zero-emission goods movement involving 13 private and public fleets and a mix of vehicles — including yard tractors — from 13 OEMs.

Fight Over Chicago Golf Course Slated to Become Logistics Center Heating Up

Wed, 03/31/2021 - 14:15
A once-thriving country club near major interstate highways in Chicago was set to be the new home of an 800,000-square-foot distribution and warehouse facility, Now it is at the center of a legal battle involving a part of the city critical to trucking.

Canada Sees Record First Quarter for M&A

Wed, 03/31/2021 - 13:45
Mergers and acquisitions are off to their fastest start to a year ever in Canada, driven by a combination of cheap financing for buyers, high valuations for sellers and an improving economic outlook that’s encouraging companies to make major moves.

ATA Supports Federal Legislation to Help States Curb Cellphone Use for All Motorists

Wed, 03/31/2021 - 13:30
American Trucking Associations has announced its support for federal legislation aimed at helping states curb distracted driving using cellphones for all motorists, a leading cause of highway accidents and fatalities.

Stellantis to Offer New Vans Pairing Hydrogen and Battery Power

Wed, 03/31/2021 - 11:45
Stellantis NV’s new range of cargo vans running on both hydrogen and plug-in electric technology offer the promise of emitting only water vapor and refueling time on par with going to the gas station.

Geodis Announces Plans for Remote-Operated Forklifts

Wed, 03/31/2021 - 10:30
Logistics giant Geodis SA says it plans to begin using remote-operated forklifts in its warehouses. The Paris-based company announced early March 31 that it has formed a partnership with Silicon Valley start-up Phantom Auto to supply teleoperations.

Embark Announces First OEM-Agnostic Self-Driving Interface

Wed, 03/31/2021 - 10:00
Autonomous technology company Embark announced a new self-driving system whose components and flexible interfaces are intended to be OEM-agnostic and accelerate fleet deployments.

Biden’s Infrastructure Plan to Total $2.25 Trillion, Include Corporate Tax Hikes

Wed, 03/31/2021 - 09:15
President Joe Biden will unveil a $2.25 trillion U.S. infrastructure plan March 31 — paid for by tax hikes on businesses — that his administration said will prove the most sweeping since investments in the 1960s space program.

Daimler’s Mercedes-Benz to Start Electric Van Production in US in 2023

Tue, 03/30/2021 - 15:15
Mercedes-Benz is bringing production of its new electric delivery van to the U.S. in the second half of 2023, joining a herd of automakers seeking to capitalize on the greening of e-commerce.

Hertz Competing Reorganization Plans Hinge on Pending Details

Tue, 03/30/2021 - 13:45
The fate of Hertz Global Holdings Inc. depends on details still pending behind two formally submitted bids, it said in court papers.

Roadrunner Takes Major Steps in Transformation Plans

Tue, 03/30/2021 - 13:15
Roadrunner Freight took another step in its ongoing transformation with a March 25 announcement of a $50 million equity private placement and additions to its leadership team.

Georgia Ports Authority OKs $205 Million for Savannah Expansion

Tue, 03/30/2021 - 12:45
The board of the Georgia Ports Authority voted March 29 to spend $205 million to expand the Savannah facility, adding to $100 million authorized several months ago.

Truck Parking Legislation Introduced in US House

Tue, 03/30/2021 - 11:45
A bill designed to facilitate access to parking around the country for commercial vehicles was recently introduced in the U.S. House of Representatives.

Infrastructure Plan Could Include $3 Trillion in Tax Increases

Tue, 03/30/2021 - 10:30
President Joe Biden is aiming for summer passage of an infrastructure plan that is expected to cost more than $3 trillion, and the White House hopes to take a more deliberate and collaborative approach with the contentious Congress than it did on the COVID-19 rescue package, officials said.

Truckers Speak Out at CARB Workshop on Tough Smog Test Proposal

Tue, 03/30/2021 - 10:30
California environmental regulators gave motor carriers a look at a tweaked heavy-duty vehicle smog inspection and maintenance program proposal that will require motor carriers to “smog test” their fleets quarterly, rather than current requirements for an annual inspection.

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