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Self-Driving Startup WeRide Files for US IPO, Sources Say

Chinese driverless technology startup Guangzhou WeRide Technology Co. has filed confidentially for an initial public offering in the U.S. and is looking to raise as much as $500 million, according to people familiar with the situation.

March 13, 2023

Incentivizing Driver Excellence

To remain competitive in a challenging labor market, trucking companies and fleet operators are exploring performance-based pay models to help boost driver retention and recruiting.

March 17, 2023

Winter Storm to Bring Snow to Northeast, Mostly Rain to NYC

New York City is poised to miss the worst of a powerful late-winter storm that will bring heavy snow to areas north and west of the city overnight into March 14.

March 13, 2023

Tire Sustainability Remains Top Priority for Industry

“End-of-life” tires that can no longer be retreaded are often stored in a drop trailer and taken away to a recycling facility. Tire industry experts say that’s the preferred environmental practice.

March 13, 2023

February Class 8 Sales Up 35% to 20,136

U.S. Class 8 retail sales in February jumped 35% from a year ago, and notched a slight increase from the prior month, Wards Intelligence reported.

March 10, 2023

Trinity Industries Adds RSI Logistics to Railway Portfolio

Trinity Industries has acquired RSI Logistics for $70 million, the company announced March 9.

March 10, 2023

Railroads Warned About Car Flaw That Could Cause Derailments

OMAHA, Neb. — U.S. railroads were warned to take certain cars out of service March 9 after Norfolk Southern discovered loose wheels on a car involved in last weekend’s derailment in Ohio.

March 10, 2023

February Adds 311,000 Jobs Despite Fed’s Rate Hikes

WASHINGTON — America’s employers added a substantial 311,000 jobs in February, fewer than January’s huge gain but enough to keep pressure on the Federal Reserve to raise interest rates aggressively to fight inflation.

March 10, 2023

Hydrogen, Alternative Fuels Advancing Steadily, Natso Panelists Say

GRAPEVINE, Texas — Like other sectors of the trucking industry, truck stop plazas are learning firsthand the challenges and opportunities they will face as hydrogen, battery-electric and other alternative fuel sources become more widespread.

March 10, 2023

Phillips Industries Expands Its Mexico Facility

ARTEAGA, Mexico — Phillips Industries has unveiled a newly updated, 500,000-square-foot production operation that’s intended to bring manufacturing and supply chain capacity closer to its North American customers.

March 10, 2023