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BusinessSafety

FedEx Freight’s Rogers Wins Colorado’s Top Prize

Colorado grand champion Tyler Rogers of FedEx Freight is eager to again accept the challenge of competing at the National Truck Driving Championships in the sleeper berth class.

July 9, 2024
GovernmentBusinessPrivate

Kroger, Albertsons Unveil Stores to Be Divested Before Trial

Kroger Co. released the full list of stores, distribution centers and plants it plans to divest to secure regulatory approval for the proposed merger with Albertsons Cos.

July 9, 2024
BusinessEquipment

Foreign Carmakers Outproduce Detroit Brands in US

Foreign-owned manufacturers churned out more vehicles in the U.S. last year than their rivals in Detroit, a first for the market that underscores major shifts in domestic auto production.

July 9, 2024
BusinessEquipment

Daimler Truck North America Q2 Sales Fall 4.7% Year-on-Year

Daimler Truck North America sold 48,230 vehicles in the second quarter of 2024, a 4.7% decrease compared with 50,618 trucks and buses in the same period in 2023.

July 9, 2024
GovernmentBusinessTechnology

Entek Poised to Get $1.2 Billion US Loan

The Biden administration is poised to lend $1.2 billion to Entek Lithium Separators to help expand the U.S. supply chain for lithium-ion batteries used in electric vehicles.

July 9, 2024
GovernmentBusinessFuel

Diesel Price Rises 5.2¢ to $3.865

The national average diesel price rose 5.2 cents to $3.865 in its fourth consecutive increase, according to Energy Information Administration data released July 8.

July 8, 2024
GovernmentBusinessLogistics

Canadian Border Agency Staff Ratifies Labor Agreement

Unionized Canadian border agency staff members have ratified a tentative collective bargaining agreement.

July 8, 2024
GovernmentTechnologySafety

Congressional Republicans Target EPA Rule

Senior congressional Republicans recently called on the Biden administration to abandon an emissions rule EPA  issued earlier this year specific to the freight sector.

July 8, 2024
GovernmentBusinessTechnology

TSMC Hits $1 Trillion in Market Value on Relentless AI Rally

Taiwan Semiconductor Manufacturing Co. briefly surpassed $1 trillion in market capitalization after Morgan Stanley joined a list of brokers boosting price targets on the chipmaker.

July 8, 2024
BusinessEquipment

May Used Truck Sales Rise 18% From 2023

Used Class 8 truck sales in May increased 18.1% compared with the same period the prior year, ACT Research reported, rising to 22,800 units from 19,300. 

July 8, 2024