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Updated: 2 hours 17 min ago

Biden Administration Pledges $2B to Reinforce Electric Grid

Fri, 10/18/2024 - 08:51
The funding for 32 projects is being made available through the Energy Department and will span 42 states. Investments will include utilities damaged by hurricanes Helene and Milton.

Tesla’s Full Self-Driving Under Investigation by NHTSA

Fri, 10/18/2024 - 08:30
NHTSA said Oct. 18 it will assess whether Tesla’s system, also known as FSD, has the ability to detect and appropriately respond to fog and other reduced visibility conditions.

Housing Starts Fall as Multifamily Projects Tumble

Fri, 10/18/2024 - 08:12
Housing starts decreased 0.5% last month to a 1.35 million annualized rate, according to government data released Oct. 18, after a big rebound in construction in August.

Presidential Race Is Too Close to Call, Karl Rove Says

Thu, 10/17/2024 - 14:28
NASHVILLE, Tenn. — This presidential election is a once-in-a-generation contest that will be decided over key policy issues, political strategist Karl Rove told trucking executives.

Oklahoma Woman Wins the Last Peterbilt Model 389x Built

Thu, 10/17/2024 - 13:59
NASHVILLE, Tenn. — An Oklahoma woman won Rush Truck Centers’ sweepstakes to give away the last Peterbilt Model 389x produced.

Northvolt Close to $300M Deal to Address Cash Flow Issues

Thu, 10/17/2024 - 12:42
A combination of shareholders, lenders and customers are participating in the bridge funding, and the instruments vary among these groups, a source said.

EV Manufacturer Revoy Unveils Ryder as First Customer

Thu, 10/17/2024 - 10:30
Revoy revealed Ryder System as the first customer for the Bay Area startup’s electric vehicle, which converts a Class 8 diesel semi into a hybrid without any changes to the tractor.

Ports of Indiana Announces Expansion and New Partnership

Thu, 10/17/2024 - 10:26
JEFFERSONVILLE, Ind. — Ports of Indiana, in partnership with Superior River Terminals Indiana, has launched “Indiana River and Rail Terminals,” the largest general cargo operation on the Ohio River.

Meijer, Ohio Trucking, DDC Win Awards for Industry Advocacy

Thu, 10/17/2024 - 10:11
NASHVILLE, Tenn. — The Mike Russell Trucking Image Award is given annually to those that demonstrate the industry’s essential nature, professionalism and commitment to safety.

LNG Tanker Glut Is Softening Blow for Consumers

Thu, 10/17/2024 - 09:40
Ships that carry LNG are being built faster than new supplies of the fuel can come to market, helping to lower transport costs and cushioning consumers from paying more for energy this winter.

Study: Tighter Intermodal Chassis Regulation Enforcement Needed

Thu, 10/17/2024 - 09:26
Policy changes would be an impractical solution to making the drayage and intermodal chassis market more efficient, according to a recently published study.

PACT, Utilities Team Up to Speed ZEV Infrastructure Buildout

Thu, 10/17/2024 - 09:25
The memorandum of understanding sends a signal to the freight market that utilities are allies, Aravind Kailas told TT. “We can present a united front,” he said.

Shoppers Spent More at Retailers in September

Thu, 10/17/2024 - 08:27
WASHINGTON — Americans stepped up their purchases at retailers last month as low unemployment, steady pay gains and rising stock and home values helped sustain their willingness to spend.

Consumers Switch to Slower Shipping, Squeezing UPS, FedEx

Thu, 10/17/2024 - 08:01
More people are switching to slower delivery options to save money, and profits at FedEx Corp. and UPS Inc. are getting squeezed.

CSX Sees 8% Profit Growth Despite Southeast Storm Damage

Wed, 10/16/2024 - 16:11
The Florida-based railroad is recovering from Hurricanes Helene and Milton that battered its network in the Southeast. Some trains had to be rerouted as tracks are cleared and repaired.

Deere Cuts 300 Jobs as Farm Equipment Sales Decline

Wed, 10/16/2024 - 15:54
Deere said it boosted its workforce when demand surged during the COVID-19 pandemic, which roiled supply chains, only for the farm economy to start slowing.

Supreme Court Greenlights EPA’s Power Plant Emission Rules

Wed, 10/16/2024 - 15:30
Opponents, including trade groups and companies in the power and mining industries, were seeking to halt the rules while a legal challenge goes forward at a federal appeals court.

September Medium-Duty Truck Sales Fall 9.4% Year on Year

Wed, 10/16/2024 - 13:15
Overall, sales of Classes 4-7 trucks fell 9.4% year on year in September. Four out of the nine months in 2024 have seen a year-over-year decrease.

Federal Aid Tops $2B for Recovery From Helene, Milton

Wed, 10/16/2024 - 13:04
The federal government has been under intense pressure to show that it is getting help to areas devastated by the back-to-back hurricanes and warns that more money will be needed.

States Temporarily Lift Fuel Tax Rules for Hurricane Relief

Wed, 10/16/2024 - 12:11
The exemptions are designed to facilitate aid delivery to Southern states still recovering from hurricanes Milton and Helene.

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