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GovernmentBusinessLogistics

Large US-Mexico Truck Crossing to Reopen in Texas

A Mexico border crossing in Texas for commercial truck traffic will reopen after six years starting Aug. 7 to provide an alternative to the Juarez-El Paso land ports of entry.

July 27, 2023
BusinessTechnologyAutonomous

AI Startup Helps Diesel Trains Clean Up Their Emissions

RailVision Analytics has developed artificial intelligence-enabled software to help locomotive engineers make  adjustments in train driving that could lead to savings in diesel fuel.

July 27, 2023
BusinessSafety

Norfolk Southern Says Derailment Cost Soars to $803 Million

OMAHA, Neb. — The costs associated with Norfolk Southern’s fiery February derailment in Ohio have more than doubled to $803 million as the railroad works to clean up the mess.

July 27, 2023
BusinessLogistics

Covenant Reports Revenue, Earnings Decline for Q2

Covenant Logistics Group Inc. reported a year-over-year decrease in revenue and earnings during the second quarter of 2023, the company reported July 26.

July 27, 2023
BusinessFuel

Shell Earnings Top $5 Billion in Q2

LONDON — Shell reported July 27 that it earned nearly $5.1 billion in the second quarter, nearly half what the oil and natural gas giant pulled in during the first three months of the year.

July 27, 2023
GovernmentBusiness

Economy Grew at a Faster 2.4% Rate in April-June Quarter

WASHINGTON — The U.S. economy accelerated unexpectedly to a 2.4% annual growth rate from April through June, showing continued resilience in the face of steadily higher interest rates.

July 27, 2023
GovernmentBusinessTechnologyAutonomous

House Transportation Leaders Tout Self-Driving Technology

Ensuring nationwide standards for self-driving technology would assist with safety and efficiency, the leadership of a House panel said recently.

July 26, 2023
GovernmentBusinessFor-Hire

Yellow Says Discussions With Teamsters Ongoing

Less-than-truckload carrier Yellow Corp. said it continues to negotiate with union leaders as the future of the company, which has been in operation for nearly 100 years, may be in jeopardy.

July 26, 2023
BusinessTechnologyAutonomous

Waymo Via to Focus on Ride-Hailing Over Autonomous Trucking

Waymo, the self-driving unit owned by Alphabet Inc., is slowing the development of autonomous trucking that’s being done by its Via subsidiary.

July 26, 2023
BusinessEquipment

Traton’s Profit Jumps in Second Quarter

Traton SE’s profits soared in the second quarter of 2023 as sales jumped compared with the year-ago period, the parent company of Navistar said July 26.

July 26, 2023