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BusinessLogistics

Femsa Offloads Logistics Operations to Grupo Traxion

Mexican behemoth Fomento Economico Mexicano has agreed to sell logistics operations to Mexican trucking firm Grupo Traxion for $205 million as the conglomerate continues to shed assets.

October 11, 2024
GovernmentBusinessTechnologySafetyAutonomous

Elon Musk Unveils Tesla’s Cybercab

LOS ANGELES — Tesla unveiled its long-awaited robotaxi at a Hollywood studio Oct. 10, though fans of the electric vehicle maker will have to wait until at least 2026 before they are available.

October 11, 2024
BusinessFuel

EIA Cuts Diesel Price Forecast Despite Harvest Season Uptick

Forecasts for trucking’s main fuel, which alongside heating oil is part of the distillate portion of the crude barrel, softened over the past month even as retail prices edged higher.

October 10, 2024
GovernmentBusiness

Trump Proposes Doubling Deduction for Work Vehicles

As Trump seeks to capitalize on the economy, an issue where voters give him the edge over Harris, he’s sharpened his attacks on the Biden administration’s handling of the matter.

October 10, 2024
GovernmentBusiness

Harris, Trump Pledge Economic Progress

With Election Day fast approaching, the two major candidates for president are both promising voters quality-of-life improvements made possible by divergent economic plans.

October 10, 2024
BusinessLogistics

REPLAY: Transforming Fleet Safety With Onboard Video and AI Insights

Onboard video and AI-enabled analytics are transforming trucking by improving driver performance, safety, and satisfaction. When paired with effective coaching, these technologies boost efficiency and reward top performers. Join John Elliott, Load One’s founder, and Seth Clevenger as they discuss the impact of in-cab technology on fleet safety and operations.

October 10, 2024
BusinessEquipment

Inside the Future of Tire Management: A One-on-One with Aperia's Ralph Dimenna

Program Aired: October 10, 2 p.m. ET The cost of operating a commercial truck rose to a record $2.27 per mile last year, including 4.6 cents per mile in tire costs, according to a recent ATRI report. Every mile increases tire wear, driving up replacement costs.    

October 10, 2024
BusinessTechnologyEquipmentFuel

Verne’s Cryo-Compressed Hydrogen Tech Nears Pilot Phase

San Francisco-based Verne plans to offer truck makers the option of cryo-compressed hydrogen storage to achieve the same range as a diesel tractor.

October 10, 2024
GovernmentFuel

IRS, Several States Grant Fuel Tax Relief After Hurricane Helene

The IRS and several states have issued temporary fuel tax waivers stemming from Hurricane Helene to help businesses provide disaster relief services and assist in recovery efforts.

October 10, 2024
GovernmentBusinessLogistics

DOD Marches on With $17.9 Billion Moving Contract

Despite continuing concerns voiced by some large movers, military officials are advancing efforts toward interstate implementation of the $17.9 billion Global Household Goods contract.

October 10, 2024