FedEx to Test Nuro Autonomous Delivery Vehicles
STATEN ISLAND, N.Y. — FedEx Corp. announced June 15 that it has partnered with Nuro, one of the nation’s leading autonomous vehicle companies, to test the use of driverless vehicles for multistop and appointment-based deliveries in Houston.
June 18, 2021After Blowing $300 Billion, US Shale Finally Makes Money
After years of booms and busts that produced astronomical losses along with a whole lot of oil, the fracking industry seems to have found a sweet spot. It’s poised to generate more than $30 billion of free cash this year.
June 18, 2021XPO Announces GXO’s $800 Million Notes Offering
XPO Logistics' upcoming spinoff, GXO Logistics, has priced an offering of $800 million on investments notes with registration rights, the company announced June 17.
June 18, 2021Auto Show Back in Detroit Next Year
DETROIT — The head of Detroit’s big international auto show says it will return to the Motor City next year, but with smaller indoor displays and more emphasis on experiencing vehicles and technology outside.
June 18, 2021Ford Sees Improved Q2 Outlook
Ford’s second-quarter outlook is improving, with large numbers of customers making reservations for four of its new vehicles.
June 18, 2021In Reversal, Lordstown Motors Says It Has No Firm Truck Orders
TOLEDO, Ohio — Struggling electric truck maker Lordstown Motors said June 17 it doesn’t have any firm orders for its vehicles, just days after its president said the company had enough to maintain production through 2022.
June 18, 2021Attorney Danny Keating Pleads Guilty in Staged Accidents With Trucks
New Orleans attorney Danny Patrick Keating Jr., charged last year for his participation in 31 illegal staged accidents, has pleaded guilty to conspiracy to commit mail and wire fraud.
June 17, 2021Buttigieg Pushes Transportation Budget Amid Infrastructure Talks
Transportation Secretary Pete Buttigieg called on senators to fund big-ticket transportation programs as congressional leaders continue to craft comprehensive infrastructure policy measures and prepare to consider a multiyear highway bill.
June 17, 2021More Carriers Raise Pay Amid Driver Shortage
Trucking companies are continuing to increase pay to recruit and retain drivers to protect against ongoing labor capacity issues.
June 17, 2021Trailer Optimization in a Reopening Economy
Program Aired: June 17, 2021. As our economy reopens, trailer orders are at unusually high volumes. When freight demand outpaces your operations, it’s difficult to meet deadlines and keep customers happy. Hear directly from a leading carrier and trailer leasing company about how they are staying prepared to maximize trailer utilization and maintain a high level of customer service.
June 17, 2021