Fleets Can Expect Long Timelines for Facility Connections
Facility electrification timelines forĀ heavy-duty trucking fleets are likely to be more protracted than carrier executives might expect, according to executives at power utilities.
Yellow Sues Teamsters, Alleging Breach of Contract
Yellow Corp. filed suit June 27 against the Teamsters union and certain affiliates alleging breach of contract and accusing the union of causing more than $137 million in damages.
Diesel Price Resumes Decline
Diesel prices slipped 1.4 cents a gallon after a one-week interruption to settle at a national average of $3.801, according to Energy Information Administration data released June 26.
Logistics Plus Expands European Operations
Logistics Plus Inc. has acquired Dutch peer Jan Krediet in an effort to expand its European presence, the Erie, Pa.-based logistics service provider said June 22.
FBI Says EVs Raise Risk of Cyberattacks
Trucking companies that are considering electrifying their fleets must be on their guard for the heightened opportunities such decisions offer cybercriminals, according to the FBI.
Parts, Labor Expenses Up More Than 8% Year-Over-Year in Q1
Maintenance parts and labor expenses for trucking companies across North America rose more than 8% year-over-year in the first quarter of 2023, according to a recently released study.
Nikola Cuts 270 Jobs to Slash Costs
Nikola Corp. will cut 270 jobs, including 120 in the United States, as the beleaguered truck maker seeks to slash cash outflows, the Phoenix-based company said.
May Trailer Orders Decrease 54% Year-Over-Year
U.S. trailer orders more than halved in May compared with a year ago to an estimated 9,100 units, according to data released by ACT Research.
Grid Planning Must Accommodate Electric Trucks
Electrification of longhaul trucking in the U.S., and globally, will require power-grid operators and regulators to change their planning processes.
Diesel Prices Dip to Average of $3.794
Diesel prices nudged slightly lower, dipping three-tenths of a cent to a national average of $3.794 a gallon, according to Energy Information Administration data released June 12.