In the end, 17 votes decided the end of a five-week United Auto Workers strike at Volvo Trucks North America. The third tentative agreement in the protracted labor dispute was rejected by the workers last Friday. But when the company…
The abrupt closure of K-Ratio’s fuel hedging program in late June has left trucking companies scrambling as they await answers from the Chicago-based company as to what happened and when or if participating carriers will recoup money owed to them…
DriverReach founder and CEO Jeremy Reymer chatted with Jim Mullen, chief administrative and legal officer of TuSimple, about the not-so-distant future of autonomous trucking. TuSimple is a San Diego-based, global self-driving truck company that is developing a commercial-ready, Level 4…
This July marks the first anniversary of the adoption and implementation of the United States-Mexico-Canada Agreement (USMCA). The agreement has brought about new opportunities for cross-border trade; is your organization taking advantage of these changes? With close to $2 billion…
Gaps in how the Federal Motor Carrier Safety Administration oversees state CDL programs threaten the agency’s ability to prevent large truck crashes, a federal watchdog agency warns. A performance audit conducted by the U.S. Department of Transportation’s Office of Inspector…
PACCAR Inc. and Volvo Group are among investors in a special purpose acquisition company (SPAC) that plans to bring self-driving technology company Aurora Innovation public at a $10.6 billion enterprise valuation, the second highest of four startups seeking to trade…
Love him or hate him, Elon Musk is a lightning rod for analysts. His efforts have been both praised for their visionary approach (Tesla electric automobiles; Boring Co.) and derided as distractions (Tesla Semi, SolarCity). Morgan Stanley analysts believe Musk…
Union Pacific is temporarily suspending eastbound service from West Coast port terminals to its Global IV intermodal facility in Chicago to help ease “significant congestion” at inland terminals, especially Chicago, and at the ports. UP (NYSE: UNP) hopes this suspension,…
Orville and Wilbur Wright flew their airplane for the first time on December 17, 1903. Since then air travel has revolutionized the world in countless ways. When airplanes first took to the skies, the mere idea of an airplane (or…
A big jump in cargo revenue helped Delta Air Lines (NYSE: DAL) significantly narrow pretax losses in the second quarter, with officials telegraphing the company will be profitable on an operating basis in the second half of 2022 because passenger…
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