General News

General News

Subscribe to General News feed
The News Leader in Trucking and Freight Transportation
Updated: 1 hour 47 min ago

Public-Private Partnerships Propel Hydrogen Infrastructure

Fri, 11/08/2024 - 08:00
With help from the U.S. Department of Energy, the hydrogen industry and truck makers are working to develop a hydrogen refueling infrastructure that can support fleet operations.

Rivian Sticks to Q4 Profit Goal Despite Production Setback

Thu, 11/07/2024 - 16:16
The company is on track to meet the closely watched target thanks to a higher mix of premium models boosting revenue per vehicle sold and sales of regulatory credits.

Nikola Leads Field in Hydrogen Fuel Cell EV Deployment

Thu, 11/07/2024 - 16:02
Hydrogen fuel cell electric vehicles may be envisioned as the future workhorse of a decarbonized longhaul freight sector, but their development has proceeded at a measured pace.

Newsom Calls Lawmakers to Secure Climate Goals Against Trump

Thu, 11/07/2024 - 14:09
Newsom’s office told The Associated Press that the governor and lawmakers are ready to “Trump-proof” California’s state laws, including those affecting the transportation sector.

Fed Cuts Rates Again to Support Economic Growth

Thu, 11/07/2024 - 13:33
Officials voted unanimously to lower the federal funds rate to a range of 4.5% to 4.75%. The adjustment follows a larger, half-point cut in September.

Montreal Port Seeks Trudeau’s Help to End Dockworker Strike

Thu, 11/07/2024 - 13:03
Two terminals operated by Termont Montreal that account for about 40% of the port’s container handling capacity have been closed since Oct. 31 after unionized dockworkers walked off the job

EV Growth Expected to Slow Further Under Trump

Thu, 11/07/2024 - 12:24
Slowing electric-vehicle adoption is likely to accelerate even further as President-elect Donald Trump delivers on his promise to gut plug-in friendly policies.

Daimler Truck Q3 Profit Plunges 35% Even as DTNA Sales Gain

Thu, 11/07/2024 - 12:16
The truck maker posted net income of $676.6 million, or diluted earnings per share of 83 cents, in Q3, down 35% from $1.033 billion, or $1.22, in the year-ago period.

Freight Industry Welcomes Trump’s White House Return

Thu, 11/07/2024 - 11:49
The return of President-elect Donald Trump to the White House is being welcomed by key freight stakeholders seeking improvements across the commercial transportation sector.

RXO Reports Revenue Increase to Just More Than $1B for Q3

Thu, 11/07/2024 - 11:21
RXO posted an increase in third-quarter revenue despite a persistently soft market environment by focusing on its customer relationships, the company reported Nov. 7.

Biden Rushing Study That Threatens to Slow Trump’s LNG Plans

Thu, 11/07/2024 - 10:58
The Biden administration is racing to complete a study that could complicate President-Elect Donald Trump’s plan to immediately approve new liquefied natural gas export terminals.

Landstar Q3 Profits, Revenue Slide in 'Challenging' Quarter

Thu, 11/07/2024 - 09:52
Profit and revenue at Landstar System Inc. fell year-over-year in the third quarter on the back of ongoing weakness in the truckload market.

Intermodal Load Growth Cushions Hub Group Q3 Profit Decline

Thu, 11/07/2024 - 09:51
Hub Group profit and revenue fell in Q3 2024, but intermodal load growth mitigated the damage and the carrier’s top executive is becoming more optimistic about the freight environment.

Nippon Steel Confident It Can Finalize Acquisition This Year

Thu, 11/07/2024 - 09:36
Nippon Steel Corp. said it still expects its $14.1 billion acquisition of United States Steel Corp. to complete by the end of the year.

Class 8 Truck Orders Decline 5% in October

Thu, 11/07/2024 - 09:26
Preliminary data showed orders declined 5.2% to 30,600 units, marking the fifth month in 2024 where orders fell on an annual basis.

Nissan Cuts 9,000 Jobs as Its Vehicles Fail to Sell

Thu, 11/07/2024 - 09:15
TOKYO — Nissan reported Nov. 7 a loss for the latest fiscal quarter as its vehicle sales sank while costs and inventory ballooned, prompting the Japanese automaker to slash 9,000 jobs.

Stellantis Lays Off 1,100 More Workers at Ohio Jeep Factory

Thu, 11/07/2024 - 08:52
Stellantis said it would lay off about 1,100 workers at its Jeep plant in Toledo, Ohio, the latest in a series of job cuts as the automaker contends with bloated inventory and declining sales.

Norfolk Southern’s One-Minute Inspection Rule Sparks Concern

Thu, 11/07/2024 - 08:28
Norfolk Southern sparked renewed concerns about flaws being missed during railcar inspections when it told employees this week they should spend no more than a minute looking at each car. 

TT Podcasts: RoadSigns

Thu, 11/07/2024 - 08:00
Host Seth Clevenger and Features Coordinator Mike Senatore take you behind the scenes to unveil the 2024 Top 50 Global Freight Companies.

Fiscal 2025 Bills Top Congress’ End-of-Year Session

Wed, 11/06/2024 - 15:04
The approval of fiscal 2025 bills tops Congress’ priorities as lawmakers prepare to kick off their post-election legislative agenda.

Pages