Developers of a new $1 billion container terminal at Tradepoint Atlantic in Baltimore County, Md., say they expect to break ground by the end of next year and open in 2028, creating 1,100 jobs.
February 22, 2024Search
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J.B. Hunt Forges Intermodal Agreement With Walmart
J.B. Hunt Transport Services announced Feb. 22 that subsidiary J.B. Hunt Transport has entered into a multiyear intermodal service agreement with Walmart Inc.
February 22, 2024Biden Grants Gas Policy Shift to Boost Ethanol in Corn Belt
The Biden administration granted a fuel policy change designed to boost sales of corn-based ethanol, but delayed the shift until 2025 to prevent gasoline price spikes this summer.
February 22, 2024Illinois Bill to Copy California Emission Regs Draws Heat
A wave of opposition is mounting in Illinois to a bill that would have the state mirror California’s strict emissions laws that would eventually prohibit sales of diesel-powered trucks.
February 22, 2024NTSB: Negligence Led to 2022 Pittsburgh Bridge Collapse
Pittsburgh's Fern Hollow Bridge should have been shut down years before its 2022 collapse that injured several commuters, National Transportation Safety Board investigators said Feb. 21.
February 22, 2024Federal Truck Leasing Task Force Seeking Help From Truckers
Federal trucking regulators have requested truckers, especially owner-operators, to assist the agency’s truck leasing task force by providing information on leasing agreements that they believe are unfair.
February 22, 2024Nikola Q4 Loss Dives 30.8% as R&D Costs Fall
Losses at Class 8 vehicle manufacturer Nikola Corp. narrowed 30.8% year-over-year in the fourth quarter of 2023 as research and development costs plummeted.
February 22, 2024Trailer Orders Fall Amid Weak Order Season
U.S. trailer orders in January declined sequentially and from the prior year, according to ACT Research. The sequential fall-off was the first since November.
February 22, 2024Volvo Stays Positive on Class 8 Truck Sales Prospects in ’24
Volvo Trucks North America is forecasting a solid year for Class 8 sales, but expects activity soon for a pre-buy of new trucks ahead of federal emission rules taking effect in 2027.
February 22, 2024Rivian Plans to Cut 10% of Salaried Staff as EV Rush Stalls
Rivian Automotive Inc. shares fell in early trading after the electric vehicle maker issued a disappointing production forecast and announced another round of job cuts.
February 22, 2024