Plug Power Inc. surged the most in three years after the hydrogen company said it’s getting close to finalizing a $1.6 billion loan from the U.S. Energy Department.
Category: News
New Landstar Facility to Focus on Owner-Operators
Landstar has started construction on a new field operations center in Crawfordsville, Ind., the company announced Jan. 18.The facility will be built with owner-operators in mind.
USPS Installs EV Chargers in Atlanta, Will Expand Nationwide
This week, USPS unveiled its first set of EV charging stations at its South Atlanta Sorting and Delivery Center, the first of hundreds that will be installed at centers nationwide this year.
Paccar Delivers 54% Jump in Q4 Profit, Record Revenues
Truck maker Paccar saw profits jump 54% year-over-year in the fourth quarter of 2023 on the back of record revenues and a double-digit jump in U.S. and Canadian truck deliveries.
Volvo Unveils Redesigned Flagship Class 8 VNL Tractor
Volvo Trucks North America launched a revamp of its flagship over-the-road Class 8 VNL tractor Jan. 23, the first major overhaul since a 2017 redesign.
Group Releases 2023-2024 Top Judicial ‘Hellholes’ Report
Civil courts in Georgia and Pennsylvania have tied as the nation’s top “Judicial Hellholes” listed in a new 2023-24 report, primarily due to large nuclear verdicts and other events.
Port NOLA Project Gets $226 Million in Federal Grant
WASHINGTON — The planned $1.8 billion Louisiana International Terminal project in St. Bernard Parish was awarded a $226 million grant Jan. 22 from the U.S. Department of Transportation.
Truck Tonnage in December Dips 0.5% Year-Over-Year
Truck tonnage dipped in December, closing out the worst 12 months for freight activity since the pandemic year of 2020, American Trucking Associations reported.
Amazon Fined in France for Employee Monitoring in Warehouses
France’s privacy watchdog said Jan. 23 that it hit Amazon’s warehouse unit with a $35 million fine for using an “excessively intrusive system” to monitor worker performance and activity.
C.H. Robinson Announces Electronic Bill of Lading For LTLs
C.H. Robinson is implementing an electronic bill of lading process for its largest less-than-truckload carriers, a move in its continued efforts to digitize documents, the company announced Jan. 22.