Bestpass-Fleetworthy Solutions has acquired connected truck and weigh station network operator Drivewyze, the companies announced Aug. 7.
Category: News
Rivian Holds to Annual Production Goal Unchanged Since 2023
Rivian maintained its full-year vehicle production target and profit-making goal, a sign the electric vehicle maker is filling orders on schedule after retooling its assembly lines.
WK Kellogg to Close Omaha Plant, Downsize in Memphis
WK Kellogg Co. is closing one U.S. cereal plant and downsizing another as part of a plan to consolidate its operations in newer facilities.
Fiscal 2025 Bills on Congress’ Fall Calendar
When senators return to Washington from their August recess, passing fiscal 2025 legislation will headline the chamber’s agenda, Majority Leader Chuck Schumer said.
Ice Cream Giant Wells Plans $425M New York Expansion
Wells Enterprises will invest $425 million to expand its ice cream manufacturing facility in Dunkirk, N.Y., nearly doubling the plant’s size and quadrupling production capacity.
Nissan Is Developing ‘Cool Paint’ for Cars
Nissan showed Aug. 6 what it called a “cool paint” to keep people inside vehicles cooler, although the coating is six times thicker, making commercialization still a challenge.
GXO Logistics Reports 19% Revenue Surge in Q2 2024
GXO Logistics saw a 19% revenue boost in the second quarter of 2024, reaching $2.85 billion. However, the Greenwich, Conn.-based contract logistics firm reported a drop in net income to $39 million, down from $66 million in the same period last year. E…
Canada’s Labor Minister Launches Talks to Avert Rail Strike
Negotiations to avert a major railroad strike in Canada will resume Aug. 7 after talks between the three parties were stalled for months.
Perspective: OOIDA Sides With Su on Independent Contractors
Few issues are of greater importance to our industry than the rights of independent truckers. Unfortunately, special interests are fully invested in taking those rights away.
Caterpillar Says 2024 Profits Will Be Higher Than Expected
Caterpillar said its annual profit will probably be higher than previously expected, as the company reported Q2 earnings that showed resilience despite worries about the global economy.