Transportation Companies Prepare for Hurricane Season
Summer means the start of hurricane season in the Atlantic Ocean and many of the world’s biggest transportation companies are taking steps to prepare for what some forecasters say could once again be above-average activity along the Atlantic Coast and the Gulf of Mexico.
June 17, 2021Rep. DeFazio to Highlight Road Congestion Remedies
WASHINGTON — Rep. Peter DeFazio, chairman of the U.S. House transportation committee and author of a comprehensive five-year, $547 billion highway bill, is very aware that being stuck in traffic is bad for business.
June 17, 2021Ford Acquires Battery-Management Startup to Charge EV Fleets
Ford Motor Co. has acquired a startup that specializes in managing charging networks for commercial electric vehicles, a business the automaker hopes could generate as much as $1 billion in revenue by 2030.
June 17, 2021Electric Plane Pioneer Pivots to Cargo Drones
The man behind the only electric plane cleared to fly quickly discovered the challenges of converting world-leading technology into profits in a hotly contested, futuristic segment of aviation.
June 17, 2021Jobless Claims Rise for First Time Since April
Applications for U.S. state unemployment insurance rose slightly for the first time since late April, likely a temporary blip for a labor market that’s otherwise improving as the economy reopens.
June 17, 2021KeepTruckin Raises Fresh Funds Valuing Startup at $2.3 Billion
KeepTruckin Inc. raised $190 million in a new funding round that values the San Francisco-based provider of fleet management software at $2.3 billion.
June 17, 2021Bipartisan Infrastructure Plan Gains Support
Prospects for a bipartisan deal on the biggest infrastructure package in decades improved on June 16 as 21 senators, including 11 Republicans, signed onto a bipartisan framework for a $579 billion package.
June 16, 2021Locomation Adds PGT Trucking to Its Autonomous Convoy
Self-driving technology company Locomation announced motor carrier PGT Trucking Inc. is the latest fleet to sign up for its human-guided autonomous truck convoying technology.
June 16, 2021Labor, Driver Shortages Delay Commercial, Military Moves
The moving industry is facing mammoth labor and truck driver shortages during the peak military moving season and an explosion of moving demands in the commercial market, possibly delaying unscheduled summer moves until August or September, according to American Trucking Associations' Moving and Storage Conference.
June 16, 2021NRF Seeks Meeting With Biden Over Port Congestion Issues
Congestion and delays in the supply chain continue to be a major headache for the nation’s retailers and now the National Retail Federation has asked President Joe Biden for a face-to-face meeting to discuss what can be done to improve the long delays.
June 16, 2021