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Government, Business, Safety, Logistics, Breaking News

February Tonnage Takes Winter Weather Hit

Severe winter weather took a toll on truck tonnage in February, according to American Trucking Associations.

March 23, 2021
Business, Breaking News

CP Rail Agrees to Buy Kansas City Southern for $25 Billion

Canadian Pacific Railway Ltd. agreed to buy Kansas City Southern for $25 billion, seeking to create a 20,000-mile rail network linking the U.S., Mexico and Canada in the first year of those nations’ new trade alliance.

March 21, 2021
Business, Logistics, Breaking News, Top 50

XPO Sets GXO Logistics as Name of New Spinoff Company

XPO Logistics has selected GXO Logistics as the name of the stand-alone logistics company that it will spin off from its larger operation later this year.

March 18, 2021
Government, Business, Breaking News

Congress OKs $1.9 Trillion COVID Relief Bill

WASHINGTON — The United States Congress has approved a landmark $1.9 trillion COVID-19 relief bill that takes aim at twin pandemic and economic crises that have upended the nation for the better part of a year. The package, which includes funding for transportation corridors, was signed into law by President Joe Biden on March 11.

March 10, 2021
Business, Equipment, Breaking News

February Class 8 Sales Flat at 15,369

U.S. Class 8 retail sales in February were 0.6% lower compared with a year earlier, coming in at 15,369, WardsAuto .com reported.

March 10, 2021
Government, Business, Safety, Breaking News

Top Bottlenecks Less Congested Last Year, but Infrastructure Needs Persist, ATRI Finds

Trucks moved more swiftly last year through sections of road that historically are choked with congestion, as the coronavirus pandemic kept vehicles off the road and freed up highways for easier movement of freight, the American Transportation Research Institute said.

February 24, 2021
Government, Business, Equipment, Fuel, Breaking News

Tonnage Dips 2.1% Year-Over-Year in January

January truck tonnage fell 2.1% compared with year-ago levels, but ticked up 1.4% over December 2020 — a continuation of several months’ worth of sequential gains, American Trucking Associations announced.

February 23, 2021
Business, Equipment, Breaking News

John O’Leary to Succeed Roger Nielsen as CEO of DTNA

Daimler Truck AG announced it appointed John O’Leary as the next president and CEO of Daimler Trucks North America, the leading truck maker in North America, effective April 1.

February 16, 2021
Business, Equipment, Breaking News

Class 8 Retail Sales Rise 7.7% in January

Class 8 U.S. retail sales in January improved 7.7% compared with a year earlier, reaching 16,844 compared with 15,645 in 2020, WardsAuto .com reported.

February 10, 2021
Government, Business, Breaking News

Amazon CEO Jeff Bezos to Step Down in Q3

Amazon.com founder Jeff Bezos will step down as the online giant’s CEO but will stay on as executive chairman, the company announced Feb. 2.

February 2, 2021