Knight-Swift Transportation Holdings Inc. extended its winning streak in auctions of former Yellow Corp. terminals, strengthening its less-than-truckload operations.
Category: News
California Expanding Fleet of Hydrogen Passenger Trains
The California Department of Transportation announced on Feb. 14 a $127 million agreement with Stadler Rail AG to expand its fleet of zero-emission, hydrogen-powered passenger trains.
Ford Sees ‘Colossal’ Competitive Threat in Chinese EVs
Ford Motor Co. sees low-cost Chinese electric vehicles as a “colossal strategic threat” that will arrive on U.S. shores, as automakers already confront shaky consumer demand for EVs.
NHTSA Offers $350M in Crash Data System Grants to States
States have until May 1 to apply for up to $350 million in grants from NHTSA to upgrade and standardize their crash data systems to enable full electronic information sharing with the agency.
GXO Reports Profit, Revenue Increased in Fourth Quarter
GXO Logistics reported an increase in revenue and earnings year-over-year during the fourth quarter, despite the softer freight market, the company detailed Feb. 14.
GXO Reports Profit, Revenue Increased in Fourth Quarter
GXO Logistics reported an increase in revenue and earnings year-over-year during the fourth quarter, despite the softer freight market, the company detailed Feb. 14.
Colorado Files Lawsuit to Block Kroger-Albertsons Merger
Colorado sued to block Kroger Co.’s $24.6 billion acquisition of Albertsons Cos. in court Feb. 14, becoming the second state to challenge the deal.
Portland Port Asks Oregon for $10M to Save Container Service
Facing a $14 million shortfall, the Port of Portland is asking Oregon legislators for a $10 million injection this year to avoid ending container service at Terminal 6.
Volvo Offers Early Look at Redesigned VNL
DUBLIN, Va. — Volvo Trucks North America offered media a sneak preview of its redesigned VNL Class 8 tractor during a ride-and-drive event at its customer center.
Ryder Q4 Profit Slides on Weak Used Truck Prices, Rentals
Profits at Ryder System Inc. fell 39.8% in the fourth quarter of 2023 as weak freight conditions again sapped strength from used vehicle sales prices and rental activity, it said Feb. 14.