The Biden administration released plans Sept. 29 to hold three auctions of offshore drilling rights over the next five years — part of what it cast as an effort to phase down oil leasing in favor of clean energy.
Category: News
Heartland Express Deploys Isaac In-Cab Technology
Truckload carrier Heartland Express has deployed Isaac Instruments’ in-cab telematics system across its fleet, the companies said in a joint announcement.
UAW Targets 30% Wage Bump to Satisfy Workers, Grow Members
The United Auto Workers union wants to emerge from its strike against Detroit’s three major automakers with at least a 30% pay raise, according to people familiar with the matter.
Excitement Builds for Mack’s Medium-Duty Electric Truck
Mack Trucks and Kriete Truck Centers discussed the encouraging signs they’re hearing from customers about the upcoming rollout of Mack’s first medium-duty electric truck.
Uber Freight Adds AI Tools to Better Compete in Cargo Market
The freight unit of Uber Technologies has tapped its vast data files to create an AI tool that can predict late shipments — and make suggestions for alternative routes.
Hyzon to Pay $25 Million Fine After Settling With SEC
Hyzon Motors Inc. will pay a $25 million fine to the U.S. Securities and Exchange Commission after an investigation, the Class 8 hydrogen-powered truck manufacturer said.
AGCO to Buy Trimble Assets for $2 Billion to Boost Farm Tech
AGCO Corp., one of the world’s largest agricultural tractor makers, will acquire technology assets from Trimble for $2 billion to boost its offerings in the precision agriculture market.
Q2 GDP Remains Steady at 2.1% Growth
WASHINGTON — The U.S. economy grew at a 2.1% annual pace from April through June, extending its sturdy performance in the face of higher interest rates, the government said Sept. 28.
Trimble Continues Quest to Improve Trucking’s Connectivity
Trimble is seeking to streamline industry workflows and forge closer connections among drivers, trucks, carriers, shippers and logistics providers.
Carter Express Helps Nestlé Go Green With EV Yard Tractors
Two electric trucks from Carter Express Inc. went into operation at Nestlé’s production plant in Indiana thanks to a state grant for $600,000 covering most of the green supply chain project.