J.B. Hunt Transport Services Inc. announced that company president Shelley Simpson is also taking on the post of CEO, effective July 1.
Category: News
FY24 Funding Deal Reached
Congressional leaders announced a deal to fund transportation programs and other federal agencies through fiscal 2024.
Spot Market Remains Suppressed Amid Stubborn Capacity
The trucking spot market has remained in a down cycle for more than a year as the number of trucks and drivers diminished — albeit at a slower rate than the decline in overall freight demand.
Stakeholders Help Defeat Washington State Truck Idling Bill
Trucking stakeholders in Washington state helped defeat a Senate bill that aimed to institute stringent truck-idling provisions modeled after California emission regulations.
Could Free Shipping be Coming to an End for Online Shoppers?
A Google search for “end of free shipping” churns out dozens of media and trade group reports. This time, however, consumer concerns may be warranted.
Volvo Promises Less Downtime Via VNL Communications Options
Volvo Trucks North America provided a deeper dive into the communications enhancements the truck maker’s redesigned VNL Class 8 tractor offers, including options to reduce downtime.
FMC’s Maffei Highlights Supply Chain, Overseas Disruptions
President Joe Biden’s nominee to lead the Federal Maritime Commission told senators investing in infrastructure projects would continue to enhance supply chain connectivity.
Forward Air Reports 138% Earnings Drop for Q4
Forward Air Corp. experienced a 138% earnings drop year-over-year during the fourth quarter of 2023, the company reported Feb. 28.
Used Truck Sales in January Rise 17% From Prior Year
Used Class 8 truck sales in January increased 17.3% compared with the same period the prior year, ACT Research reported.
EPA Announces $3 Billion in Clean Port Grants
The U.S. Environmental Protection Agency announced $3 billion in grants are available this year in a Clean Ports Program to pay for zero-emission port equipment and infrastructure.