Strong freight demand helped less-than-truckload carrier Saia Inc. report record third-quarter revenue, profits and operating ratio.
November 3, 2021Search
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AV Sensor Startup Spartan Radar Raises $15 Million
Spartan Radar, a developer of sensor technology for automated vehicles, raised $15 million in a Series A funding round led by Prime Movers Lab.
November 3, 2021Elon Musk, Autopilot Critic Sought as Witnesses in Tesla Crash Trial
The first trial to determine whether Tesla Inc.’s Autopilot technology led to a fatal car crash may require jurors to weigh testimony from founder Elon Musk against criticism of the driver-assistance system by Mary “Missy” Cummings, a U.S. government safety adviser.
November 3, 2021Fifty Years in Idle Time Seen for Trucks at Two Major US Ports
Trucking trips originating around the country’s busiest ports are showing massive increases in idle time, another sign of the supply chain logjams plaguing American transport hubs.
November 3, 2021Eaton Notches Records in Strong Q3 Period
Power management company Eaton Corp. grew net income and revenue in the third quarter as adjusted earnings per share reached an all-time record along with segment margins.
November 2, 2021AASHTO Pushes US House Vote on Highway Bill
Congressional approval of a multiyear highway policy measure would enhance state transportation agencies’ ability to plan long term for infrastructure projects. That is the message from the organization representing the country’s departments of transportation.
November 2, 2021Cummins Posts Q3 Income, Revenue Gains
Cummins Inc. reported strong medium- and heavy-duty engine sales amid global growth, despite moderating demand in China, led to increased net income and revenue in the fiscal third quarter.
November 2, 2021Technology Helps Manage Spot Market
Technological solutions are increasingly helping shippers and carriers manage a boisterous business climate in which spot freight plays a prominent role.
November 2, 2021Volvo’s Voorhoeve Sees Growing Market for Electric Trucks, Driver-Assist Tech
NASHVILLE, Tenn. — Volvo Trucks North America CEO Peter Voorhoeve sees expanding opportunities for electric-powered trucks and further growth for driver-assistance technologies in this time of transformation for the commercial vehicle market.
November 2, 2021J.B. Hunt Adds Digital Freight Matching Within SAP ERP
J.B. Hunt Transportation Services announced Oct. 27 that its freight-matching solutions will now be available to businesses using the enterprise resource planning software SAP ERP.
November 1, 2021