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C.H. Robinson Posts Record Q1 Profits

Strong freight demand across its network powered C.H. Robinson Worldwide to record first-quarter profits.

April 28, 2022

Nikola Sees Energy Transition in Arizona Desert

COOLIDGE, Ariz. — Several customers’ recently completed Nikola Tre Class 8 battery-electric trucks sat ready for delivery inside Nikola Corp.’s new assembly plant, a scene described by company executives as a watershed moment since the white cabover BEVs will generate 7-year-old Nikola’s first-ever quarterly revenue.

April 28, 2022

Dana Reports Gain in Q1 Revenue, Lower Net Income

Dana Inc. reported first-quarter net income dropped and revenue slightly increased.

April 28, 2022

China Grants First Driverless Taxi Permits to Baidu, Pony.ai

BEIJING — China has granted Chinese internet services company Baidu and a rival autonomous car company, Pony.ai, permits to provide driverless ride-hailing services to the public in Beijing, a significant regulatory step in the country’s pursuit of driverless technology.

April 28, 2022

Ford Eyes EV Market Leadership With Launch of F-150 Lightning

Ford Motor Co. is officially planting its flag with the launch of an all-electric version of America’s best-selling pickup truck, aiming to overtake Tesla Inc. and lead the electric vehicle market.

April 27, 2022

The Big EV Charging Mystery: How Long Does It Take?

How long does it take to “fill up” an electric car? Well, that depends on the car … and the charger … and how many other cars are plugged into the charger … and how full the battery is to begin with … and, oh yeah, the weather matters, too.

April 27, 2022

Microsoft’s, Chipmakers’ Bottom Lines Hit by Xi’s Lockdowns

Companies from Microsoft Corp. to Texas Instruments Inc. that long benefited from supply chains that run through China now are paying a price for the country’s sweeping lockdowns that have confined millions to their homes.

April 27, 2022

March’s Average Used Class 8 Retail Price Breaks $100,000

The average retail price in March of a used Class 8 vehicle pushed past the $100,000 mark for the first time, ACT Research reported.

April 26, 2022

US Senate Transportation Leader Touts Biden Emissions Program

The leader of the transportation policy committee in the U.S. Senate endorsed the Biden administration’s latest initiative to curb emissions through a comprehensive funding program.

April 26, 2022

Maersk Sees Possible Contraction in Global Container Market

Disruptions in global trade flows are set to persist into the second part of the year, longer than previously expected, Danish transport giant A.P. Moller-Maersk A/S predicted.

April 26, 2022