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Durable Goods Orders Exceed Forecast

Orders placed with U.S. factories for core capital goods rose by more than expected in July, pointing to sustained demand for equipment despite higher interest rates and concerns about a weakening economy.

August 24, 2022

Pilot, Kodiak Partner on Autonomous Truck Services

Travel center operator Pilot Co. and automated technology firm Kodiak Robotics on Aug. 23 announced formation of a partnership under which the companies will collaboratively develop autonomous truck services at Pilot and Flying J travel centers across North America.

August 23, 2022

Electric Cars Have a Big Tire Conundrum

The Lucid Air Dream Edition travels up to 520 miles on a charge, more than any electric vehicle on the market by a wide margin. If a buyer chooses the larger, 21-inch wheels, however, 39 of those miles vanish — a 7.5% range penalty.

August 22, 2022

Wanted: 7,000 Construction Workers for Intel Chip Plants

JOHNSTOWN, Ohio — Ohio’s largest-ever economic development project comes with a big employment challenge: how to find 7,000 construction workers in an already booming building environment when there’s also a national shortage of people working in the trades.

August 22, 2022

July Trailer Orders Blow Past 2021’s Low; 2023 Orders Awaken

U.S. trailer orders in July roared ahead compared with a year earlier but slumped compared with earlier months this year, ACT Research reported, citing trailer makers’ final data.

August 19, 2022

Gas-Powered Muscle Cars to Turn Electric

PONTIAC, Mich. — Thundering gas-powered muscle cars, for decades a fixture of American culture, will be closing in on their final Saturday-night cruises in the coming years as automakers begin replacing them with super-fast cars that run on batteries.

August 18, 2022

Thompson Distribution Acquires Landmark Trucks Dealership

Thompson Distribution announced it acquired Landmark Trucks of Knoxville, Tenn. Terms were not disclosed.

August 18, 2022

Flotilla of Diesel Ships Heads to Europe Amid Energy Crisis

A fleet of ships carrying diesel, one of the world’s most important fuels, is heading for European markets facing energy-security threats from high temperatures, soaring gas prices and Russian disruption.

August 18, 2022

Atlantic Great Dane President Acquires Dealership

Atlantic Great Dane announced Gene Masteller acquired the company after serving there for more than 30 years, most recently as president.

August 17, 2022

Trimble Invests in Cloud Migration to Enhance Supply Chain

ORLANDO, Fla. — Trimble is accelerating its shift toward cloud computing to further connect data and workflows in the freight transportation industry and enable closer collaboration across the supply chain.

August 17, 2022