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Updated: 2 hours 49 min ago

Activist Investor Wins 3 Norfolk Southern Board Seats

Thu, 05/09/2024 - 13:51
Norfolk Southern’s CEO will be under more pressure to improve profits after the railroad’s shareholders voted May 9 to elect three of the board members an activist investor nominated.

April Class 8 Truck Orders Increase Year-Over-Year

Thu, 05/09/2024 - 12:45
North American Class 8 truck orders increased year-over-year but fell from the previous month during April, according to ACT Research.

Two Charged in 2020 Murder of Fellow Staged Accident Scammer

Thu, 05/09/2024 - 12:09
Federal authorities have indicted two individuals in the 2020 murder of Cornelius Garrison, a fellow participant in staged accidents with tractor-trailers who was cooperating with the FBI.

Lion Electric Drops on Revenue Miss, Dwindling Cash Balance

Wed, 05/08/2024 - 15:10
Shares of Lion Electric Co. fell as much as 10.5% after the electric vehicle manufacturer missed estimates for revenue and its cash balance dropped.

House to Examine Baltimore Bridge Collapse May 15

Wed, 05/08/2024 - 14:32
WASHINGTON — A House panel this month will review concerns associated with efforts at the Port of Baltimore, where crews will eventually rebuild the Francis Scott Key Bridge.

Nikola Q1 Loss Narrows; Cost of Truck Production Soars

Wed, 05/08/2024 - 13:25
Losses at Nikola in the first quarter narrowed year-over-year, and executives are more bullish than in previous quarters about the truck maker’s prospects even as production costs soar.

VW Brand to Beef Up Hybrid Offerings as EV Shift Stumbles

Wed, 05/08/2024 - 13:23
Volkswagen AG’s namesake brand plans to bolster its offering of plug-in hybrid cars in response to a slowdown in demand for fully electric vehicles.

Tornadoes Destroy Michigan FedEx Facility but Workers Safe

Wed, 05/08/2024 - 11:17
PAVILION TOWNSHIP, Mich. — Two reported tornadoes struck a Michigan city and the surrounding area May 7, destroying homes and commercial buildings, including a FedEx facility.

Daimler Unwraps Autonomous, Electric Demonstration Truck

Wed, 05/08/2024 - 09:11
Daimler Truck unveiled plans May 8 to begin operating an autonomous, battery-electric Freightliner eCascadia demonstration truck.

GXO Posts Net Loss, but Revenue Increases to $2.46B in Q1

Wed, 05/08/2024 - 09:09
GXO Logistics experienced a decline in earnings on an increase in revenue to $2.46 billion during the first quarter of 2024, the company reported May 7.

Rivian Sticks With EV Forecast Despite First-Quarter Loss

Tue, 05/07/2024 - 16:08
Rivian Automotive fell short of Wall Street’s earnings expectations to start the year as the automaker works to revamp its manufacturing operations and boost output of electric vehicles.

New Idaho Law OKs Truck Idling for Resting Drivers

Tue, 05/07/2024 - 15:13
A new Idaho law takes effect July 1 allowing commercial vehicles to idle when drivers are resting inside and also when perishable goods are being delivered.

Detroit Reman Completes Expansion of Minnesota Facility

Tue, 05/07/2024 - 14:17
An expansion of Detroit Diesel Remanufacturing’s Hibbing, Minn., plant is complete, doubling the facility’s manufacturing and remanufacturing footprint, the division of DTNA said.

NHTSA Seeks Information From Tesla on Autopilot Fix

Tue, 05/07/2024 - 14:13
DETROIT — Federal highway safety officials want Tesla to tell them how and why it developed the fix in a recall of more than 2 million vehicles equipped with the company’s Autopilot system.

Suspicious Chinese Frying Oil Hurting US Biofuels Business

Tue, 05/07/2024 - 13:17
China is flooding the U.S. with used cooking oil that the biofuel industry says may be tainted, hurting American farmers and President Joe Biden’s push to promote climate-friendly energy.

WattEV’s Bakersfield Battery-Electric Charging Depot Opens

Tue, 05/07/2024 - 12:25
WattEV opened a battery-electric charging depot in Bakersfield, Calif., on May 6, its largest yet, the company said.

Most CMV Drivers Killed in 2022 Crashes Weren't Buckled Up

Tue, 05/07/2024 - 10:21
Safety experts and regulators have for years been alerting truck drivers about the dangers of not wearing seat belts, and the results have been tragic for those who did not heed the warnings.

C.H. Robinson Automates Email Responses With AI

Tue, 05/07/2024 - 08:46
C.H. Robinson says it has launched an artificial intelligence platform that automates responses to email requests from shippers seeking answers to commonplace inquiries.

FedEx Express’ Coffel Wins Arizona State Championship

Mon, 05/06/2024 - 17:41
To some, driving a commercial truck in the Arizona heat might not sound enjoyable. But to FedEx Express' David Coffel, it is a rewarding experience.

Diesel Price Sheds 5.3¢ to $3.894 a Gallon

Mon, 05/06/2024 - 16:47
The national average diesel price slid 5.3 cents a gallon to settle below $3.90 for the first time in 13 weeks, according to Energy Information Administration data released May 6.

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