Tesla Inc. has again delayed production of the battery electric-powered Semi, endangering its first-mover advantage as established truck makers begin delivering zero-emission Class 8 models that Tesla’s 2017 announcement prompted them to make. “I never actually believed they had much…
The FreightWaves Shipper of Choice award is presented in partnership with ArcBest and recognizes retailers, distributors and manufacturers that are keeping the U.S. economy moving by improving efficiency along the supply chain, providing accessible facilities and fighting driver detention. Among…
Oppressive heat and humidity will spread across parts of the Plains and the South over the next two days. For some areas it will be around Tuesday or Wednesday, but in some places it will last both days. The National…
UPS Inc. (NYSE:UPS) reported a 14% increase in second-quarter revenue to $23.4 billion, with adjusted operating income up 40.8% and diluted earnings per share up 43.7% to $3.05, 34 cents higher than the median estimates of analysts polled on Barchart.…
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Buried in the U.S. House and Senate versions of highway reauthorization legislation currently being negotiated are provisions that would allow billions of dollars to be spent dismantling portions of the interstate highway system without replacing the lost transportation capacity. The…
Matson Inc. is launching a new express vessel service into northern California Tuesday designed to help U.S. importers move stranded shipments from China as the ocean container market experiences ongoing bottlenecks that are doubling normal delivery times and leading to…
Tesla Inc. (NASDAQ: TSLA) reported its first quarterly profit exceeding a billion dollars in the second quarter as growing vehicle sales soared past the money-making sale of pollution credits the electric vehicle maker has relied upon to post positive results. …
The benchmark Department of Energy/Energy Information Administration diesel price fell Monday for the first time in more than 12 weeks, even as wholesale and commodity prices last week soared after a Monday collapse. A decline of 0.2 cents a gallon…
TFI International (NYSE:TFII) handily beat analysts’ expectations in the second quarter as the Canada-based trucking and logistics company’s U.S. LTL division — formerly UPS Freight — achieved a remarkable level of performance. TFI reported adjusted net income of $137.2 million,…
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