President Joe Biden still sees sticking points in a draft bipartisan Senate infrastructure plan, as top aides warned June 21 that they continue to explore other legislative pathways and will not support certain tax increases as part of a final deal.
June 21, 2021GovernmentBusinessTechnologySafety
Fleets’ COVID-19 Safety Practices May Linger After Pandemic Ends
The COVID-19 outbreak prompted transportation companies to adopt a battery of safety measures — some of which may remain in place even after the pandemic is over.
June 21, 2021BusinessEquipmentLogistics
Lineage Logistics to Acquire Cold Storage Operation in Denmark
Lineage Logistics, a global temperature-controlled industrial real estate investment trust (REIT) and logistics provider, announced its intention to acquire the cold storage division of Danish company Claus Sorensen Group.
June 21, 2021BusinessTechnologyAutonomous
Amazon in Talks to Buy Stake in AI Truck-Driving Startup Plus
Amazon .com Inc. has placed an order for 1,000 autonomous driving systems from self-driving truck technology startup Plus and has acquired the option to buy a stake of as much as 20%, Plus said in a regulatory filing.
June 21, 2021GovernmentBusinessFuel
Shipping Watchdog Urged to Speed Up Pace on Emission Curbs
Trafigura Group said the shipping industry’s regulator needs to act with “lightning speed” to cut carbon emissions from an industry that spews more C02 into the atmosphere each year than France and the U.K. combined.
June 21, 2021BusinessTechnologyEquipmentSafetyFuel
Volvo, Northvolt Join Forces on European EV Battery Factory
Volvo Car Group and Swedish battery maker Northvolt AB will jointly build an electric car battery factory in the latest move by European manufacturers to localize cell production in the region.
June 21, 2021GovernmentBusinessEquipmentPerspective
Perspective: Pivotal Opportunity to Repeal FET
Congress and President Joe Biden are currently focused on improving America’s infrastructure, with a key sticking point being how to pay for the improvements. This debate presents an opportunity for Congress to finally resolve funding for the insolvent Highway Trust Fund by replacing antiquated funding mechanisms — such as the federal excise tax on heavy-duty trucks and trailers — with solutions that are more reflective of today’s transportation landscape.
June 21, 2021GovernmentBusinessEquipment
Work Truck Solutions, Morgan Truck Body Launch Portal
Work Truck Solutions, a provider of software as a service, and Morgan Truck Body announced an online portal for finding Morgan-equipped commercial dry freight, refrigerated, platform and dump truck bodies.
June 18, 2021BusinessTechnologyEquipmentFuel
Hyliion Set to Join Russell 3000 Index
Electrified powertrain company Hyliion Holdings Corp. announced it is set to join the broad-market Russell 3000 Index at the conclusion of the 2021 Russell indexes annual reconstitution.
June 18, 2021BusinessTop 100
Interactive Map: Where the 2021 Top 100 For-Hire Carriers Are in North America
Find out where the carriers are by regions in North America.
June 18, 2021