Norfolk Southern to Pay $600M in Settlement Over Derailment
Norfolk Southern has agreed to pay $600 million in a class-action lawsuit settlement related to a fiery train derailment in February 2023 in eastern Ohio.
April 9, 2024Quantix Acquires TMS Provider CLX Logistics
Brown Gibbons Lang & Co. announced April 8 that it has sold transportation management systems company CLX Logistics to chemical supply chain services firm Quantix.
April 8, 2024Nikola Class 8 FCEV Truck Production Nudges Up to 43 in Q1
Nikola Corp. produced 43 and wholesaled 40 Class 8 hydrogen fuel cell electric vehicles in the first quarter of 2024, the truck maker said.
April 8, 2024Diesel Leaps Back Over $4 Mark After 6.5¢ Increase
A 6.5-cent increase in the national average diesel price has brought trucking’s main fuel back over the $4 mark and left it just 3.7 cents shy of where it was a year ago.
April 8, 2024Tesla Shares Jump as Investors Buy Into Musk’s Robotaxi Hype
When Elon Musk announced late April 5 that he’ll unveil a Tesla Inc. robotaxi in August, it was a clear attempt to arrest a spiral for the once high-flying carmaker.
April 8, 2024How to Become a Freight Broker
Freight brokers use their expertise and relationships to help shippers find available carriers, saving shippers time and money and helping carriers more easily connect to shippers.
April 8, 2024Update: Class 8 Truck Orders End Two-Month Positive Streak
ACT Research data showed orders declined 9.9% to 17,300 units from 19,200 during the same time in 2023. Story by Connor Wolf.
April 8, 2024Energy Transfer Files for Regulator Review in Pipeline Spat
Energy Transfer LP is asking the Federal Energy Regulatory Commission to take a closer look at a Williams Cos. pipeline project as a legal battle rages between the two companies.
April 8, 2024Kodiak Forms Autonomous Truck Council With Walmart, UPS
Kodiak Robotics launched an advisory council to bolster its efforts to commercialize autonomous trucks with the help of trucking industry leaders, the company announced March 27.
April 8, 2024Love’s Opens Five New Speedco Locations
Love’s Travel Stops has opened five new Speedco locations while also remodeling two existing maintenance shops, the company announced April 4.
April 8, 2024