Uber said Oct. 4 that its drivers will collect up to five prepaid and sealed packages and drop them off at a local post office or at UPS or FedEx stores.
Category: News
Former CEO Buys Lordstown Motors’ Assets for $10 Million
CLEVELAND, Ohio — The former CEO of Lordstown Motors Corp. has bought the company’s assets for $10 million, according to documents filed with the U.S. Securities and Exchange Commission.
Cyberattack Hits Estes Express Lines’ IT Systems
Estes Express Lines on Oct. 3 confirmed that its IT systems were the target of an ongoing cyberattack, but said its trucks were still moving freight.
UPS Buys MNX Global to Bolster Health Care Options
UPS Inc. will acquire MNX Global Logistics for an undisclosed sum, the parcel delivery company said Sept. 28. The deal is expected to close by the end of the year.
US House to Consider FY24 Transportation Bill
Legislation to ensure the Department of Transportation is funded through fiscal 2024 is scheduled for consideration this month in the U.S. House of Representatives.
Cummins Unit Completes Acquisition of Faurecia Plants
Cummins Emission Solutions completed the acquisition of two Faurecia commercial vehicle manufacturing plants in Indiana and the Netherlands for $208.56 million euros, Cummins Inc. said.
Texas to Invest $240 Million in 31 Port Projects
Thirty-one ports in Texas will begin receiving an estimated $240 million in state funds to improve those facilities and bolster the state’s supply chains.
ATA Foundation Honors Lawmakers’ Fentanyl Response
WASHINGTON — The charitable arm of American Trucking Associations recognized members of Congress who are working to raise awareness of fentanyl addiction in the United States.
Hendrickson Buys Brake Component Specialist Brunner
Hendrickson acquired commercial vehicle brake component specialist Brunner for an undisclosed sum Oct. 2, the Woodridge, Ill.-based company said.
Big Automakers: Future Fuel Economy Rules Unfairly Target Us
General Motors, Ford and Stellantis face a combined $10.5 billion in fines from 2027 to 2032 under stricter proposed average fuel economy rules, according to an estimate from their trade group.