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VTNA Supplier to Open North American HQ in Virginia

A European-based component supplier to Volvo Trucks North America is locating its new North American headquarters near the vehicle maker’s production factory in Virginia’s New River Valley — a move that the state’s governor praised for bringing a jolt to the region’s business community.

March 22, 2023

CSX CEO Joe Hinrichs Wants Rail to Carry More Freight

CSX CEO Joe Hinrichs says he wants to repair broken relations with union workers and customers and attract more businesses to send their freight over rails instead of roads.

March 21, 2023

Truck Tonnage Increases 2.3% in February

Truck tonnage in February increased 2.3% when compared with the same month in 2022 according to American Trucking Associations’ For-Hire Truck Tonnage Index, marking the 18th straight year-over-year gain and the largest since October.

March 21, 2023

Knight-Swift Agrees to Acquire U.S. Xpress

Knight-Swift Transportation Holdings has reached an agreement to acquire U.S. Xpress for approximately $808 million, the companies announced March 21.

March 21, 2023

Amazon Contractors Confront Customer Bias in Driver Reviews

Amazon trusts customers to provide an honest rating of their delivery driver. But what if the customer is biased against the driver?

March 20, 2023

Container Volumes Fall at Most US Ports

A combination of the Lunar New Year, and concerns over labor talks and a slowing global economy resulted in a 43% drop in container cargo at the Port of Los Angeles in February.

March 20, 2023

Maersk Sells Last Major Energy Asset

A.P. Moller-Maersk A/S has finally found a buyer for its last major energy-division asset after putting it up for sale seven years ago, allowing it to complete a historic transformation into a pure transport operator.

March 20, 2023

Ports of L.A., Long Beach Join Bid to Be Hydrogen Fuel Hub

The Los Angeles and Long Beach ports want to be part of a statewide clean hydrogen hub, through which they would get funding to test usage of the fuel to power trucking and terminal equipment.

March 17, 2023

FedEx Boosts Profit Forecast, Cites Cost Cuts as Effective

FedEx Corp.’s shares jumped the most in nine months after the courier boosted its profit outlook, signaling efforts to cut costs are helping counter a decline in package volume.

March 17, 2023