Forward Air Corp. will expand its expedited less-than-truckload service in Vancouver, British Columbia, the company announced July 20.
July 23, 2021BusinessTechnologyAutonomous
Magna Acquires Driver-Assist Supplier Veoneer
Magna International Inc. will acquire Veoneer Inc. for $3.8 billion in cash, bolstering its business supplying advanced driver-assistance systems to automakers.
July 23, 2021BusinessLogisticsTop 100
U.S. Xpress Reports $475 Million Revenue for Q2
U.S. Xpress Enterprises posted gains in earnings and revenue growth during the second quarter, the company reported.
July 23, 2021BusinessTechnologyEquipment
XL Fleet, eNow Partner on Refrigerated Trailers
XL Fleet Corp. announced an agreement and an investment in eNow Inc., a provider of solar and battery power systems that enable fully electric transport refrigeration units for commercial vehicle trailers.
July 23, 2021BusinessTechnologyEquipment
Introducing Calibrate, Our New Publication
The trucking industry is in a constant cycle of change, but it’s not so much a change as it is a calibration, an adjustment. So too it is in publishing. The Transport Topics quarterly Equipment & Maintenance Update is now Calibrate.
July 23, 2021BusinessTechnologyEquipment
Fleets, OEMs Invest in Seat Technology to Improve Driver Comfort, Safety
Since truck drivers spend so much of their professional lives sitting behind the steering wheel, the driver’s seat is a crucial part of the vehicle spec.
July 23, 2021BusinessTechnologyEquipment
Daimler Posts Q2 Earnings, Revenue Surge Despite Headwinds
Daimler AG reported higher earnings and revenue as it sold 736,385 passenger cars and commercial vehicles in the second quarter, up 36% compared with 541,833 a year earlier. Truck sales alone jumped by an even higher percentage.
July 23, 2021GovernmentBusinessLogistics
US, Mexico Fail to Resolve Trade Dispute for Cars
The U.S. and Mexico failed to resolve a dispute over trade rules for cars during a meeting this week, threatening the goal of boosting regional manufacturing under their new trade pact.
July 23, 2021BusinessLogisticsTop 100
Ryder Expands Last-Mile Delivery Network
Ryder System plans to extend expansion of its last-mile delivery network to meet growing consumer demand, the company said.
July 23, 2021BusinessFuel
Lucid Clinches SPAC Deal With 11th-Hour Appeal
Lucid Motors Inc.’s last-gasp appeal to investors succeeded in pushing through approval for the electric-car startup’s deal to go public by merging with a blank-check company.
July 23, 2021