Business

Revel Transit, the New York-based electric vehicle ride-hailing startup, plans to lay off its driver employees and operate a gig-work model more akin to rivals Uber and Lyft.

Used Class 8 truck sales in April increased 29.6% compared with the same period the prior year, ACT Research reported.

GENEVA — U.N. Secretary-General António Guterres called June 5 for a “windfall” tax on profits of fossil fuel companies to help pay for the fight against global warming.

Alabama is leading a 19-state coalition suing California and four other states in the U.S. Supreme Court over state legal fights against energy companies.

Holding new CDLs, five men incarcerated in a work-release corrections center are the first such aspiring truck drivers in a program focused on their re-entry into society.

Industrial gas giant Air Products plans to build a network of commercial-scale, multimodal hydrogen refueling stations stretching from Northern California to Southern California.

Verisk Analytics’ CargoNet reported that criminal activities impacting the logistics and transportation industry increased 46% year-over-year in the first quarter of 2024. Document forgery, in particular, has emerged as a new type of crime in cargo thefts. Story via Connor D. Wolf.  

Kel Kearns is slated to be the CEO at the commercial vehicle battery cell manufacturing joint venture set up by Accelera by Cummins, Daimler Trucks & Buses U.S. Holding and Paccar Inc.

Senior senators on the freight transportation committee are promoting artificial intelligence education to improve supply chain industries’ adoption of the technology.

Ramiro Gutierrez is to become the top executive in North America at component manufacturer ZF, the company said June 4.