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Landstar Taps Beacom and Miller for New Roles

Joe Beacom will become president of Landstar System Holdings. Matt Miller will succeed Beacom as vice president and chief safety and operations officer.

November 18, 2024

Norfolk Southern to Add Board Member in Truce With Ancora

Norfolk Southern announced it will add an independent director to its board as part of a settlement with activist investor Ancora.

November 18, 2024

Snow Removal Systems Save Time, Boost Safety for Fleets

More firms are buying or renting automotive snow removal equipment to not only quicken the time it takes to remove snow but also to ensure that trucks are conducting safe operations in winter.

November 18, 2024

Nippon Steel Makes Anti-Import Vow to US Steel Workers

Nippon Steel Corp. is promising unionized workers of United States Steel Corp. that it won’t send steel shipments from its overseas mills as part of its commitments to seal a $14.1 billion takeover of the American company.

November 18, 2024

Trump Considers Revoking EV Tax Credit

President-elect Donald Trump’s plan to revoke an up to $7,500 consumer tax credit for plug-in EVs would do more damage to the Detroit Three’s electrification prospects than to Tesla. 

November 18, 2024

Gas Prices Below $3 a Gallon in Time for Thanksgiving

U.S. average gasoline prices are set to fall below $3 a gallon, just in time for Thanksgiving, when holiday travel is expected to climb back to pre-pandemic levels.

November 18, 2024

Trump Team Is Seeking to Ease Rules for Self-Driving Cars

Members of President-elect Donald Trump’s transition team have told advisers they plan to make a federal framework for fully self-driving vehicles a Transportation Department priority.

November 18, 2024

LaserShip Inks $300 Million Debt Restructuring Deal

American Securities-backed LaserShip Inc. reached a debt-restructuring deal with some creditors that would provide fresh money, reduce debt and revamp the repayment line in the latest such proposal by distressed debtors.

November 18, 2024

Northvolt Rescue on Verge of Unraveling as Cash Runs Short

Northvolt is scrambling to pull together emergency funding after a previous plan fell apart, according to sources, leaving the battery maker with dwindling options as it runs low on cash.

November 15, 2024

Uber Freight Launches Capacity-as-a-Service Platform

A capacity-as-a-service platform, Broker Access is designed to boost productivity, service levels and business growth for brokers, Uber Freight said.

November 15, 2024