Hyliion Q1 Revenue Rises on Sales of Hybrid ePowertrain
Hyliion Holdings Corp. reported a net loss and higher revenue in the first quarter as it worked to move its core electric products into the market.
May 23, 2022Experts Urge Preparation Now for Transition to EVs
SCOTTSDALE, Ariz. — Sometime in the 2020s or early 2030s a growing number of traditional longhaul trucks could be running on hydrogen fuel cell systems while vans and trucks running regional and local routes — in the 150- to 250-mile per day range or going in and out of ports — will rely on battery-electric propulsion systems.
May 23, 2022High Rate of Turnover Among Stressed-Out Supply Chain Managers
Supply chain managers quit their jobs last year at the highest rate since at least 2016 due to a mix of burnout and a desire for fatter paychecks.
May 23, 2022Ports Maintain High Volumes in April
Imports continue to dominate the cargo at the nation’s ports, and the nation’s busiest — the Port of Los Angeles — reported its second-busiest April in its 115-year-plus history,
May 23, 2022Average Age of US Cars Hits Record 12.2 Years
Cars on U.S. roads are as old as they’ve ever been, potentially complicating efforts to expand the use of new safety and emissions-reduction technologies.
May 23, 2022Trailer Orders Tumble to Year’s Low Point
Net U.S. trailer orders in April rose 36% compared with the 2021 period, but plunged compared with March to settle at the lowest point since October, ACT Research reported.
May 21, 2022Hyundai Announces $5.5 Billion EV Plant in Georgia
ELLABELL, Ga. — Hyundai Motor Group confirmed May 20 the company will spend $5.5 billion on a huge electric vehicle plant near Savannah that will employ thousands — a deal Georgia’s governor called the largest economic development project in the state’s history.
May 20, 2022Biden Calls South Korean Chip Plant a Model for Deeper Ties to Asia
PYEONGTAEK, South Korea — President Joe Biden opened a trip to Asia May 20 by touring a South Korean computer chip factory that will be the model for another plant in Texas, offering it as a way to deepen ties with the Indo Pacific and fuel technological innovation and foster vibrant democracies.
May 20, 2022FIATA Focuses on Unfair Shipping Competition, Digital Trade Documents
New digitized trade documents and unfair competition from shipping lines infringing on turf for inland cargo are top priorities during a gathering of transportation leaders and government officials convened by the world’s largest freight forwarding association.
May 19, 2022Groups Urge Cautious Approach With EPA NOx Proposal
Transportation groups expressed general support for the goal of reducing nitrogen oxides emissions in comments filed with federal regulators regarding a proposal to set stricter NOx limits for trucks, but cautioned against an overly aggressive approach that could be harmful to motor carriers’ operations and ability to serve the public.
May 19, 2022