FedEx Corp. announced plans to achieve carbon–neutral operations globally by 2040, with vehicle electrification a key tenet of the strategy.
March 3, 2021Business, Equipment, Top 100
Penske Agrees to Acquire Kansas City Freightliner
Penske Automotive Group Inc. announced it entered into an agreement to acquire Kansas City Freightliner, a retailer of medium- and heavy-duty commercial trucks.
March 5, 2021Government, Business, Technology, Equipment, Fuel, Top 100
FedEx Sets Plan for Carbon-Neutral Operations by 2040
Business, Equipment, Top 100
Class 8 Orders Surge 212% to 43,800
North American Class 8 orders hit 43,800 in February, up 212% compared with a year earlier, ACT Research reported, citing truck makers’ preliminary data.
March 3, 2021Government, Business, Logistics, Top 100, TCA
UPS Ships Out First Batch of Johnson & Johnson Vaccine
UPS Inc. began shipping out its first batch of Johnson & Johnson vaccines March 2, now that the single-dose vaccine for the coronavirus has emergency use authorization.
March 2, 2021Government, Business, Logistics, Top 50, Top 100
UPS Expects 40% Jump in Vaccine Doses Next Week, Peak in May
UPS Inc. and FedEx Corp. are ramping up vaccine distribution, with plans for additional gains if Johnson & Johnson’s inoculation is cleared by U.S. regulators.
February 25, 2021Business, Equipment, Top 100
January Sales Indicate Used Truck Market Is Poised to Grow
The average used Class 8 vehicle in January had higher mileage and sold for a little less than a year earlier, ACT Research reported, calling it an inkling of all the freight there was to haul in the second half of 2020.
February 25, 2021Government, Business, Top 100
Extreme Winter Weather Causes Vaccine Shipping Delays
WASHINGTON — Extreme winter weather has dealt the first major setback to the Biden administration’s planned swift rollout of coronavirus vaccines, delaying shipment of three days’ worth of shots, or about 6 million doses.
February 19, 2021Business, Technology, Logistics, Top 100
Technology Brings Visibility to Supply Chains, Experts Say
The increased visibility that technology brings to supply chains is helping to improve efficiency in very specific ways, according to experts at a recent virtual event.
February 17, 2021Business, Logistics, Top 100
Forward Air Revenue Increased While Income Declined for Q4
Forward Air Corp. reported record fourth-quarter revenue but a decline in net income.
February 12, 2021Business, Logistics, Top 100
Ryder Reports Q4 Improved Earnings
Ryder System Inc. on Feb. 11 reported fourth-quarter net income of $25.6 million, or 48 cents per share, compared with a loss of $53.5 million, or loss of $1.02, in the same period a year ago.
February 11, 2021