AURORA, Colo. — Port leaders believe they are part of the solution to capturing renewable wind energy off of their coasts and under their operation with giant wind turbines that float on the water.
Category: News
Traton Reports Revenue Growth to $12 Billion for Q3
Traton SE experienced an increase in revenue and operating results despite market headwinds during the third quarter of 2023, the company reported Oct. 25.
Eaton Q3 Profit Jumps, Beats Analyst Expectations
Profits at Eaton Corp. jumped year-over-year in the third quarter, but executives are not optimistic about commercial vehicle prospects in 2024.
Forward Air Reports 82% Earnings Drop During Q3
Forward Air Corp. reported an 82.2% drop in earnings during the third quarter of 2023 as revenue declined amid a weak freight environment, the company reported Oct 30.
FMCSA Grant Helps West Virginia Report CMV Crashes
West Virginia will use an FMCSA grant for $140,729 to provide more accurate and timely data to state law enforcement about commercial motor vehicle safety accidents.
Yokohama Executives Say Fleets Still Adjusting Post-Pandemic
WEST POINT, Miss. — Executives from Yokohama Tire Corp. said their motor carrier customers have adjusted well to the post-COVID economy, but it’s not business as usual.
Freightliner eM2 Serial Production Begins at Portland Plant
Serial production of Freightliner’s eM2 medium-duty battery-electric truck began at Daimler Truck North America’s Portland, Ore., manufacturing plant in recent days, DTNA said Oct. 26.
Schumer Wants FTC to Examine Exxon, Chevron Acquisitions
Senate Majority Leader Chuck Schumer is urging the Federal Trade Commission to look into whether Exxon Mobil and Chevron’s proposed oil and gas acquisitions could violate antitrust laws.
Tevva, ElectricaMeccanica End Partnership
Plans to build a hybrid electric and hydrogen-powered Class 8 truck floundered in recent days as startup merger partners Tevva Motors Ltd. and ElectraMeccanica Vehicles Corp. parted ways.
USDOT Grants $82.6 Million for Road Safety in 46 States
The U.S. Department of Transportation announced it awarded $82.6 million in road safety planning grants to 46 states, including projects involving truck freight.