Biden Kicks Off Work to Relieve East Coast Amtrak Bottleneck
President Joe Biden kicked off a project to replace a 150-year-old Baltimore rail tunnel that’s slowing train traffic along the Northeast Corridor.
January 30, 2023Major Shareholder Backs Ritchie’s $6 Billion IAA Deal
A large investor in Ritchie Bros. Auctioneers Inc. is backing the Canadian auction company’s proposed takeover of IAA Inc., giving a boost to a deal that has been opposed by other shareholders.
January 30, 2023TravelCenters and Electrify America Team Up to Install EV Charging Stations
CLEVELAND — TravelCenters of America is teaming up with Electrify America to install more than 1,000 charging stalls for electric vehicles at more than 200 locations.
January 30, 2023House Lawmakers Introduce Truck Parking Bill
Legislation that would dedicate funds to expand truckers’ access to parking nationwide was recently introduced in the House of Representatives.
January 30, 2023Volvo Trucks Expands EV Dealer Network
Volvo Trucks North America has named Bergey’s Truck Centers as its second certified electric vehicle dealership in New Jersey, the company announced Jan. 26.
January 30, 2023Volvo Group Hit With $130 Million Penalty Over Recall Issues
Volvo Group North America will pay a civil penalty of as much as $130 million under an arrangement with the National Highway Traffic Safety Administration.
January 30, 2023Trucking Groups Urge Reservation Changes at Southern California Ports
Harbor Trucking Association and California Trucking Association are urging the leadership of the two major Southern California ports to create a pilot program for a single, interoperable, complexwide appointment system for drayage and other trucks.
January 30, 2023Missouri Awards $5.9 Million in Grants for CDLs, Related Training
Four Missouri educational institutions will receive $5.9 million in truck driver training funds — part of $30 million given to 19 organizations through workforce training grants awarded by the state department of economic development.
January 30, 2023Trucking M&A Expert Doesn’t Expect Slowdown
The market for mergers and acquisitions in trucking is poised to stay robust, but could undergo some changes, an expert said during a recent industry event.
January 27, 2023Inflation, Consumer Spending Cool in December
WASHINGTON — The Federal Reserve’s preferred inflation gauge eased further in December, and consumer spending fell — the latest evidence that the Fed’s series of interest rate hikes are slowing the economy.
January 27, 2023