Norfolk Southern isn’t just in the business of moving freight, they’re in the business of a better planet. To learn more about Norfolk Southern’s industry-leading sustainability initiatives, go to nscorp.com/betterplanet. FreightWaves Director of Carbon Intelligence Tyler Cole looks into the…
Electric commercial vehicle maker VIA Motors is being acquired by Ideanomics in a deal that values the company at $450 million. Under the terms, Ideanomics (NASDAQ: IDEX) will purchase Orem, Utah-based VIA in an all-stock transaction, with VIA stockholders receiving…
Total U.S. flood damage costs approached $200 billion from 1988 through 2017, according to a 2021 study in the National Academy of Sciences journal. Approximately $73 billion of those damages were due to excess precipitation over the 29-year period, the…
The driver shortage has consistently been identified as one the trucking industry’s most pressing issues over the past several years. The continuing shortage — coupled with the industry’s infamously high turnover rates — has inspired Tenstreet to partner with FreightWaves…
Visibility’s role in logistics is undeniably a hot topic, yet a significant portion of the industry has been slow to actually adopt visibility technology. Not too long ago, enhanced visibility options were viewed as a “nice-to-have” perk, prompting some companies…
Monday’s news on Hurricane Ida and its impact on various sectors of the freight industry from reports by the FreightWaves reporters and market experts. This file will be updated throughout the day as more news comes in, so please check…
Discount chain Dollar Tree reeled in its outlook for fiscal 2021, citing escalating freight costs as the reason. The Chesapeake, Virginia-based retailer said it has started to book its own ocean vessels amid a tight capacity environment and will look…
Volatility in seasonal patterns and tight capacity issues over the past year have made it difficult for carrier sales teams to efficiently procure trucks. In addition, freight brokers and 3PLs have been subjected to high rates and thin margins, making…
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CARSON, Calif. — Is this thing running? The fuel cell powertrain in the Hyzon Motors Class 8 Freightliner 2022 Cascadia-based demonstration truck is so quiet that a windows-down ride on Interstate 405 in Southern California allowed shouting-free conversation. Oh, and…
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