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,…
The Truckload Carriers Association (TCA) is launching a new trucking image campaign and is partnering with LaunchIt Public Relations to develop the program. Described as a comprehensive program focused on the image of the industry, the effort will focus on…
Container and vehicle volumes at the port in Jacksonville, Florida, have been “strong” fiscal year-to-date, with vehicle volumes nearing pre-pandemic levels. The Jacksonville Port Authority (JAXPORT) is reporting that the port complex moved more than 1 million containers in the…
Amid all the talk of global warming, climate change-induced catastrophes, decarbonization and green finance, the global trade in “dirty” coal is enjoying an ironic renaissance. Bulk ships are busy transporting coal to Asia — and to eco-conscious Europe — boosting…
After reporting another record fiscal year of volume growth, the Port of Savannah’s near-term encore is likely to be somewhat muted. The nation’s fourth-busiest container port broke the 5 million twenty-foot equivalent unit barrier in its 2021 fiscal year, according…
On today’s episode, Dooner and The Dude are talking to Uber Freight’s Bill Driegert about the inside story on the blockbuster $2.25B acquisition of Transplace. Refraction AI’s Luke Schneider tells us how his robots plan to take over last mile…
APM Terminals Mobile in Alabama is putting a spotlight on its freight rail capacity to handle imported goods from the Gulf Coast to Chicago and other popular Midwestern destinations. The reminder comes as supply chains are grappling with congestion at…
What better way to transport hydrogen than in a hydrogen-powered fuel cell truck? That’s what engine and power company Cummins Inc. and Air Products and Chemicals, the world’s largest producer of hydrogen, are planning for about 2,000 trucks that Air…
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