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Activist Investor Wins 3 Norfolk Southern Board Seats

Norfolk Southern’s CEO will be under more pressure to improve profits after the railroad’s shareholders voted May 9 to elect three of the board members an activist investor nominated.

May 9, 2024

April Class 8 Truck Orders Increase Year-Over-Year

North American Class 8 truck orders increased year-over-year but fell from the previous month during April, according to ACT Research.

May 9, 2024

Two Charged in 2020 Murder of Fellow Staged Accident Scammer

Federal authorities have indicted two individuals in the 2020 murder of Cornelius Garrison, a fellow participant in staged accidents with tractor-trailers who was cooperating with the FBI.

May 9, 2024

REPLAY: GENERATE - Technology Learning Sessions

Join us for conversations that will help you discover the opportunities and challenges that artificial intelligence offers the industry, and learn how you can effectively deploy AI to boost your business operations Reserve your seat for this half-day virtual event with learning sessions dedicated to generating specific insights for fleet technology and operations decisionmakers.

June 4, 2024

Lion Electric Drops on Revenue Miss, Dwindling Cash Balance

Shares of Lion Electric Co. fell as much as 10.5% after the electric vehicle manufacturer missed estimates for revenue and its cash balance dropped.

May 8, 2024

House to Examine Baltimore Bridge Collapse May 15

WASHINGTON — A House panel this month will review concerns associated with efforts at the Port of Baltimore, where crews will eventually rebuild the Francis Scott Key Bridge.

May 8, 2024

Nikola Q1 Loss Narrows; Cost of Truck Production Soars

Losses at Nikola in the first quarter narrowed year-over-year, and executives are more bullish than in previous quarters about the truck maker’s prospects even as production costs soar.

May 8, 2024

VW Brand to Beef Up Hybrid Offerings as EV Shift Stumbles

Volkswagen AG’s namesake brand plans to bolster its offering of plug-in hybrid cars in response to a slowdown in demand for fully electric vehicles.

May 8, 2024

Tornadoes Destroy Michigan FedEx Facility but Workers Safe

PAVILION TOWNSHIP, Mich. — Two reported tornadoes struck a Michigan city and the surrounding area May 7, destroying homes and commercial buildings, including a FedEx facility.

May 8, 2024

Daimler Unwraps Autonomous, Electric Demonstration Truck

Daimler Truck unveiled plans May 8 to begin operating an autonomous, battery-electric Freightliner eCascadia demonstration truck.

May 8, 2024