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Updated: 1 hour 17 min ago

Ford Commits $3 Billion to Boost Truck Output After EV Delay

Thu, 07/18/2024 - 08:34
Ford will invest $3 billion to build its profitable Super Duty F-Series pickup truck at a plant in Ontario, shifting focus at the site after previously delaying plans for an electric SUV.

Port of LA Container Volumes Up 14% on Strong Trade Activity

Wed, 07/17/2024 - 15:30
West Coast ports are closing out the first half of 2024 with strong trade volumes, boosted by an early peak season, solid consumer spending and threats of strikes at East and Gulf Coast ports.

Daimler Truck Takes Chinese JV Writedown, Cites Weak Sales

Wed, 07/17/2024 - 14:24
Daimler Truck will take a writedown on the value of its Chinese joint venture due to a persistently weak market in Asia’s largest economy, the German truck manufacturer said July 16.

Trump Assassination Attempt Inquiry Adds to Congress' Agenda

Wed, 07/17/2024 - 12:51
Investigations into the attempted assassination of former President Donald Trump will contribute to an already jam-packed summer agenda on Capitol Hill.

June Medium-Duty Sales Decline 9% Year-Over-Year

Wed, 07/17/2024 - 12:03
U.S. retail sales for medium-duty trucks declined year-over-year in June, according to data from Wards Intelligence.

Alternative Powertrain Might Unlock US EV Market

Wed, 07/17/2024 - 11:56
An alternative vehicle powertrain called an EREV that’s booming in China might hold the answer to encouraging Americans to adopt electric cars and trucks.

Port of Baltimore Terminal to Have $1.54B Impact, Study Finds

Wed, 07/17/2024 - 10:18
The planned Sparrows Point terminal is expected to transform Maryland’s economy over a decade, generating more than 8,000  jobs and adding $1.54 billion a year in economic impact.

J.B. Hunt Reports $2.9 Billion in Revenue for Q2

Wed, 07/17/2024 - 10:08
J.B. Hunt Transport Services reported that second-quarter net income declined on revenue that fell just short of $3 billion.

House T&I Committee to Meet on Rail Safety

Wed, 07/17/2024 - 09:42
An in-depth examination of nationwide freight rail policy is on a House committee’s agenda before lawmakers leave Washington for the August recess.

NHTSA Denies Petition for Rear Underride Guard Improvements

Wed, 07/17/2024 - 09:37
NHTSA has denied a petition from four individuals asking it to further toughen existing U.S. rear underride guard requirements to a level beyond the strict levels in place in Canada.

Sodium-Ion Battery Startup Peak Sparks Lithium Alternative

Wed, 07/17/2024 - 08:55
Startup Peak Energy received $55 million in funding to scale up production of sodium-ion batteries that the company is positioning as an alternative to lithium-ion technology.

Biden Administration Grants $5 Billion for Aging Bridges

Wed, 07/17/2024 - 08:05
Dozens of aging bridges in 16 states will be replaced or improved with the help of $5 billion in federal grants announced July 17 by President Joe Biden’s administration.

FMCSA, NHTSA Delay Posting of Significant Rulemakings

Tue, 07/16/2024 - 16:28
Regulators are delaying until 2025 a supplemental heavy-duty truck speed limiter proposed rule, an automatic emergency braking final rule and a proposed new truck driver seizure standard.

CBP OKs Ports of Indiana Plan for Ocean Container Terminal

Tue, 07/16/2024 - 15:33
Creation of Lake Michigan’s first international container terminal serving the Chicago area is underway since CBP officials approved a Ports of Indiana-Burns Harbor plan.

Leonard’s Express Eyes Planning Boost With Optimal Dynamics

Tue, 07/16/2024 - 13:51
Leonard’s Express will begin deploying Optimal Dynamics’ load planning and dispatch software starting in August, executives said July 16.

Ryder Buys Mobile Maintenance Firm Pit Stop Fleet Service

Tue, 07/16/2024 - 13:12
Ryder System Inc. is set to buy Pit Stop Fleet Service for an undisclosed sum, it said July 15. The deal is expected to close by Aug. 1.

Cold Storage Firm Lineage Seeks Up to $3.85 Billion in IPO

Tue, 07/16/2024 - 10:47
Temperature-controlled storage and logistics giant Lineage Inc. is seeking to raise as much as $3.85 billion in its initial public offering.

Amazon Prime Day Sales Rise 13% in First Six Hours of Event

Tue, 07/16/2024 - 10:18
Amazon’s Prime Day sales rose about 13% in the first six hours of the event compared with the same period last year, according to Momentum Commerce.

FedEx Freight’s Willinger Wins Kentucky, Again

Tue, 07/16/2024 - 09:45
With fewer than six weeks before the country’s elite truckers gather for NTDC, FedEx Freight driver John Willinger of Kentucky formally embarks on a path of constant preparation.

GM CEO Barra Backs Away From 1 Million EV Production Goal

Tue, 07/16/2024 - 08:30
General Motors Co. CEO Mary Barra walked back expectations for her company’s electric vehicle program, the latest such move by a legacy automaker as momentum slows for plug-in models.