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BusinessTechnologyEquipment

Why a Down Freight Cycle Is Ideal for Tech Investment

Trucking and logistics firms have seen weak market conditions during the past year as spot freight demand has cooled, truck capacity has loosened and the macroeco­nomic outlook is uncertain.

May 26, 2023
BusinessTechnologyLogistics

Logistics Providers Work to Set Freight Scheduling Standards

Major logistics companies and technology providers have joined forces to alleviate a pain point hampering the industry — the making, keeping and adjusting of freight appointments.

May 26, 2023
BusinessTechnologyFor-Hire

Trucking Technology Q&A: Melton’s Randy Rhines

Randy Rhines has managed information technology at flatbed carrier Melton Truck Lines since 1989, when the company was founded with 30 trucks.

May 26, 2023
GovernmentBusiness

Key Inflation Measure Increases in April

WASHINGTON — A key index of U.S. prices ticked higher in April, and consumer spending rebounded, a sign that inflationary pressures in the economy remain high.

May 26, 2023
GovernmentBusinessTechnology

Ford EV Owners to Get Access to Tesla Supercharger Network

DETROIT — All of Ford Motor Co.’s current and future electric vehicles will have access to about 12,000 Tesla Supercharger stations in the U.S. and Canada starting next spring.

May 26, 2023
GovernmentBusinessTechnology

Hyundai, LG to Build EV Battery Plant in Georgia

ATLANTA — Hyundai Motor Group and LG Energy Solution announced May 25 they will build a $4.3 billion electric battery plant as part of Hyundai’s new EV assembly plant in southeast Georgia.

May 26, 2023
BusinessFuel

Nikola’s Plunging Stock Value Risks Nasdaq Delisting

Nikola Corp. tumbled May 25 after Nasdaq Inc. notified the company that it isn’t in compliance with the minimum bid requirements to remain listed on the exchange.

May 25, 2023
GovernmentBusinessLogisticsTCA

Missouri Might Gain an East-West Interstate Highway

JEFFERSON CITY, Mo. — Missouri lawmakers approved $2.5 million to study the conversion of U.S. Route 36 into Interstate 72 between Hannibal in the east and St. Joseph in the west.

May 25, 2023
GovernmentBusiness

Coalition for Independent Truckers to Defend Contractor Model

A trade group representing independent contractors has begun a program to recruit independent drivers to serve as “ambassadors” to educate lawmakers about their importance.

May 25, 2023
BusinessSafetyFor-Hire

Werner Appeal of $89.7 Million Verdict Denied

A Texas state court has denied an appeal by Werner Enterprises Inc. of an $89.7 million jury verdict in a case involving a 2014 fatal crash.

May 25, 2023

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