Uber Technologies Inc. reported revenue that beat analysts’ estimates, boosted by resilient demand from customers who continued to hail rides and order takeout food despite rising inflation. Shares jumped about 14% in early trading.
August 2, 2022Search
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Driver Pay Raise Trend Catches Crosswinds
The trucking industry has rapidly increased driver pay in recent years, but with a softening freight environment that trend is spinning off in several directions.
August 2, 2022Average Price of Diesel Sheds Another 13¢ to Reach $5.138 a Gallon
The national average price for a gallon of diesel continued to decrease, falling 13 cents to $5.138, according to Energy Information Administration data released Aug. 1
August 1, 2022Appeals Court Denies Review of HOS Shorthaul, Driver Break Requirements
A challenge to certain federal hours-of-service regulations filed by the Teamsters Union and three nonprofits will not be reviewed by a three-judge panel of the U.S. Court of Appeals for the District of Columbia Circuit.
August 1, 2022The Future of Freight Transportation in Ports, Policy, and Pilot Programs
With the U.S. experiencing a 40-year high on both inflation and fuel prices, the freight transportation industry has much to contend with in addition to persistent supply chain challenges. How much of an impact will state policies like AB 5 have on the industry? Register now to hear ATA President Chris Spear address these concerns and more on Aug. 11.
August 1, 2022Consistency Wins Championships, North Carolina’s Walker Says
Brian Walker has spent more than a decade competing at the National Truck Driving Championships. This year, the Tar Heel State’s grand champion with TForce Freight competing in the 3-axle, is trying to prove he finally perfected a winning formula.
August 1, 2022US Senate Proposes Fiscal 2023 FMCSA Funds
Senate funding leaders are proposing $873.6 million for federal trucking programs as part of a fiscal 2023 transportation bill.
August 1, 2022Crossword Puzzle Solution for August 1, 2022
Here's the solution to the crossword puzzle found in the August 1, 2022 print edition.
August 1, 2022Nikola Buys Battery Maker Romeo Power
Nikola Corp. has agreed to acquire energy-storage technology company Romeo Power for about $144 million, the Phoenix-based electric vehicle maker announced Aug. 1.
August 2, 2022Logistics Firm Terra Worldwide Explores $1 Billion Sale
Terra Worldwide Logistics, a closely held provider of logistics services, is exploring a sale amid consolidation in the industry, according to people familiar with the matter.
August 1, 2022