Volvo Trucks North America announced it, and other industry associations and companies, helped facilitate the modification of California utility rules to give private entities the ability to sell electricity as a motor fuel at publicly accessible charging stations for medium- and heavy-duty electric vehicles.
November 3, 2020Trucking Business News
Transport Topics business coverage focuses on the financial, economic, and commercial aspects of the modern freight business. Looking at both the microeconomic and macroeconomic forces shaping bottom lines, the news in this category includes labor news, jobs reports, tonnage and sales indicators, operations analysis, money and banking, mergers, acquisitions, e-commerce, bankruptcy, insurance issues, and more.
ELD Vendors Update Software to Match Modified HOS Rules
Before the federal government’s revised hours-of-service rules went into effect Sept. 29, suppliers of electronic logging devices were busy updating their software.
November 3, 2020Canadian Trucking Alliance Names Jean-Claude Fortin Chairman
Jean-Claude Fortin, president of J.E. Fortin Inc., has been named chairman of the Canadian Trucking Alliance.
November 3, 2020Stocks Rally, Crude Oil Jumps on Election Day
U.S. stocks rose as a gust of optimism swept through global equity markets as millions of Americans headed to vote. The dollar weakened and crude oil increased by the most in a month.
November 3, 2020Matson Profit Soars on Goods Shipped From China
Matson Inc., Hawaii’s largest ocean cargo transportation firm, continued to capitalize on expanded service from China to the mainland and nearly doubled its third-quarter profit.
November 3, 2020Anchorage Airport Among Nation’s Busiest as Pandemic Boosts Cargo Activity
Ted Stevens Anchorage International Airport remained one of the nation’s busiest airports in recent months as disrupted shipping patterns during the COVID-19 pandemic fueled soaring cargo activity.
November 3, 2020Volvo, Daimler Sign Binding Agreement for Fuel Cell Joint Venture
The Volvo Group and Daimler Truck AG announced they have signed a binding agreement covering a previously announced joint venture to develop, produce and commercialize fuel cell systems primarily for heavy-duty trucks as well as other applications.
November 3, 2020YRC Posts Narrowed Q3 Loss, Will Change Corporate Name to Yellow
YRC Worldwide Inc. narrowed its losses during the third quarter, announced plans to change its name to Yellow and expanded its board of directors.
November 2, 2020Average Price of Diesel Drops 1.3¢; Oil Prices Plunge
The national average price of diesel dropped 1.3 cents, according to the Energy Information Administration’s weekly data released Nov. 2. The decline, which comes amid tumbling oil prices, is the eighth in the past nine weeks.
November 2, 2020ATA’s New Chairman Sherri Garner Brumbaugh: An Inspiring Leader for Women
On Oct. 28, Sherri Garner Brumbaugh, president of Ohio-based truckload carrier Garner Trucking Inc., was installed as the 76th chairman of American Trucking Associations during its 2020 Management Conference & Exhibition.
November 2, 2020Trending
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