Oregon State Truck Driving Championships
Photo coverage of winners and scenes from the 2018 Oregon Truck Driving Championships June 16 in Portland, Ore. (Photos courtesy of Oregon Trucking Associations)
July 24, 2018Autonomous Firm Embark Raises $30 Million
Autonomous truck developer Embark Trucks raised $30 million in a funding round led by Sequoia Capital, a Silicon Valley-based venture capital firm. Embark has raised $47 million since its 2011 founding, according to Crunchbase, a platform for finding business information on public and private companies.
July 24, 2018Kansas City Southern Posts Record Revenue for 2Q
Kansas City Southern reported net income in the second quarter of $148.7 million, or $1.45 a share, compared with $134.7 million, or $1.27 a share, in the same period a year ago.
July 23, 2018Mexico Is Said to Push for NAFTA Agreement by End of August
Mexico is redoubling its efforts to reach a NAFTA agreement with the U.S. and Canada by the end of August to increase certainty for investors and take the heat off incoming President Andres Manuel Lopez Obrador, according to three people familiar with the negotiations.
July 23, 2018Trump to Seek Repeal of California’s Smog-Fighting Power
The Trump administration will seek to revoke California’s authority to regulate automobile greenhouse gas emissions — including its mandate for electric car sales — in a proposed revision of Obama-era standards, according to three people familiar with the plan.
July 23, 2018Diesel Falls 1.9¢ to $3.220 as Mideast Jitters, Strong Dollar Seesaw Price of Oil
The U.S. average retail price of diesel fell 1.9 cents to $3.220 a gallon while crude prices slipped, according to the weekly report from the U.S. Department of Energy’s Energy Information Administration.
July 23, 2018Rare Hedge Fund Bet Targets the World’s Biggest Shipping Firm
A.P. Moller-Maersk A/S is in an unusual place this year as the world’s biggest shipping company finds itself the target of an attack by hedge funds.
July 23, 2018Capitol Agenda for the Week of July 23: Come for the Plan, Stay for the Hope
Transportation Secretary Elaine Chao says hope is not lost for an intrastructure plan. Here's a look at the week ahead for trucking on Capitol Hill.
July 23, 2018Tank/Bulk Carriers See Gains and Losses
Carriers in the tank/bulk sector posted modest gains in revenue as firms dealt with positive and negative market trends. Higher prices slowed demand for fuel shipments, while increases in oil and gas drilling and production of petrochemicals boosted demand for tankers.
July 23, 2018Nebraska Grand Champion Tim Dean Has Been Down This Road Before
Nebraska 2018 Grand Champion Tim Dean has won eight state championships, placed second at the National Truck Driving Championship in 2009 and served as a member of the 2009-2010 America’s Road Team. To say he is experienced is an understatement.
July 20, 2018