As electric vehicles appear more and more to be the future of transportation in America, the decades-old method of funding the nation’s roads and bridges with gasoline taxes will soon be a relic of its past.
November 1, 2022BusinessEquipmentLogistics
Forward Air Posts Record Q3 Income, Revenue
Forward Air Corp. reported record third-quarter net income, earnings per share and revenue from selecting, handling and pricing higher quality freight.
November 1, 2022BusinessTechnologyEquipmentFor-Hire
XPO Spinoff RXO Officially Launches
XPO Logistics Inc. turned its tech-enabled brokered transportation platform, RXO, into an independent, publicly traded company Nov. 1.
November 1, 2022BusinessTechnologyAutonomous
TuSimple Fires CEO Xiaodi Hou Amid Investigation
Self-driving truck technology developer TuSimple announced it terminated Xiaodi Hou, the company’s CEO, president and chief technology officer, and removed Hou from his position as chairman, effective Oct. 30.
October 31, 2022GovernmentBusinessLogistics
Mediterranean Shipping Co. Clashing With Machinists’ Union Over Seattle Terminal Duties
Mediterranean Shipping Co. filed a motion in late October with the National Labor Relations Board urging SSA Marine Inc. to assign tasks at the Port of Seattle’s Terminal 5 to the International Longshore and Warehouse Union.
October 31, 2022GovernmentBusinessTechnologyFuel
EVs Become a Debate Topic Ahead of Midterm Elections
Heading into November’s midterm elections, many Republican candidates are seeking to capitalize on voters’ concerns about inflation by targeting a key component of President Joe Biden’s climate agenda: electric vehicles.
October 31, 2022GovernmentBusinessLogistics
Port of Oakland Turns to Agriculture to Replace Lost Cargo Volumes
Port of Oakland Executive Director Danny Wan says the port has embarked on a plan to play to its strength as one of the leading agriculture export facilities in the world to soften the impact of COVID challenges of the past three years.
October 31, 2022BusinessEquipmentTop 100
Ruan Acquires National Truck Brokers
Des Moines, Iowa-based Ruan Transportation Management Systems, one of the largest family-owned-and-operated transportation and logistics companies in the U.S., announced Oct. 28 it has acquired Grand Rapids, Mich.-based National Truck Brokers.
October 31, 2022GovernmentBusinessTechnologyEquipmentSafety
New ATA Chairman Dan Van Alstine: ‘Create a Vision, Empower the People’
DES MOINES, Iowa — Can a leader working in a high-pressure job as an executive for a billion-dollar trucking and logistics company be a nice guy — even humble — despite his incredible success?
October 31, 2022GovernmentBusinessLogistics
Industry Groups Urge White House to Intercede on Rail Talks
A coalition of 322 organizations that relies on the nation’s Class I freight railroads wrote a letter to President Joe Biden Oct. 27, urging the White House and administration officials to continue to seek a settlement in the increasingly bitter contract dispute that could result in a nationwide rail strike in November or December and could cause extensive damage to the U.S. economy.
October 31, 2022