Middle East Crisis Could Disrupt Oil Supplies, Raise Prices
WASHINGTON — Fifty years after the 1973 Arab oil embargo, the current crisis in the Middle East has the potential to disrupt global oil supplies and push prices higher.
October 20, 2023Toyota Will Join Tesla’s EV Charging Network
Owners of Toyota and Lexus electric vehicles in North America will be able to charge on Tesla’s network starting in 2025, and the Japanese automaker also will start using Tesla’s EV connector.
October 19, 2023CSX Quarterly Profit Falls 24%, but Efficiency Improves
OMAHA, Neb. — CSX reported a 24% drop in the railroad’s third-quarter profit Oct. 19 as it hauled 2% less freight, but the CEO said customers are noticing that its trains are running more smoothly.
October 19, 2023Volvo Reports 20% Revenue Boost for Q3, Sees Sales Dip in 2024
Volvo Group on Oct. 18 announced gains in global profit and revenue for the third quarter, but forecast that global truck sales next year will fall compared with 2023 levels.
October 19, 2023Convoy Shuts Down After Failing to Find Buyer
Digital freight network Convoy Inc. was forced to shut its doors after no viable options to continue operations emerged, CEO Dan Lewis said in an Oct. 19 memo to employees.
October 19, 2023Autonomous Trucks Could Create Safer Roads
Experts say technology goes beyond greater efficiency in freight transportation. Autonomous truck developers and their industry partners see opportunities for this technology to improve road safety and create more desirable jobs for drivers.
October 19, 2023ATA Chairman Boyle Views Selection as Opportunity to Serve
Andrew Boyle, co-president of Boyle Transportation, an Andlauer Healthcare Group company, knows the commitment that comes with being named chairman of American Trucking Associations. But he views it as an opportunity to serve.
October 19, 2023ATRI Top Issues, Spear State of the Industry Lead MCE Agenda
American Trucking Associations’ annual Management Conference & Exhibition in Austin will showcase insight, perspective and analysis meant to boost appreciation and understanding about the industry.
October 19, 2023How Trucking Tackles a Tough Labor Market
AUSTIN, Texas — The trucking industry is working to overcome employment obstacles amid a tightening labor market and soft economy, a panel of experts said.
October 19, 2023Mullen Group Reports Mixed Q3 Results
Mullen Group posted an increase in earnings despite a decline in overall revenue during the third quarter, the company reported Oct. 19.
October 19, 2023