ATA Extends Contract for President, CEO Chris Spear
American Trucking Associations President Chris Spear has signed a contract that extends his leadership of the organization for five more years, ATA announced.
May 19, 2021China Bill to Include $52 Billion for U.S. Chip Manufacturing
The Senate will include $52 billion to bolster domestic semiconductor manufacturing in a broader bill to enhance U.S. competitiveness with China, Senate Majority Leader Chuck Schumer said.
May 18, 2021At Ford Visit, Biden Says Future of Autos Is Electric
Without mentioning his predecessor’s name, President Joe Biden criticized former President Donald Trump while visiting a Ford Motor Co. plant in Dearborn, Mich., on May 18, saying Trump’s rollback of fuel standards delayed an inevitable move to electric vehicles.
May 18, 2021Biden Takes Spin in Ford’s Electric F-150
President Joe Biden made an unscheduled stop at a Ford Motor Co. test track outside Detroit on May 18, where he hopped into the company’s new all-electric F-150 pickup truck and took a spin.
May 18, 2021For Freight Brokers, Managing Data Key as Volume Grows, Experts Say
Artificial intelligence and machine learning are two expanding means logistics companies can use to gather and process tremendous amounts of data surrounding freight shipments.
May 18, 2021Elon Musk Loses World’s Second-Richest Ranking
Elon Musk’s Twitter posts keep sending Bitcoin prices tumbling. His own fortune is heading in the same direction. On May 17, Tesla Inc.’s CEO lost his spot as the world’s second-richest person.
May 18, 2021Rivian’s Tesla Alums Lead Charge as Debut Nears for First Three EVs
Rivian Automotive Inc. will soon set off on an aggressive sprint to upend the electric-vehicle business, with plans to start selling three models — a pickup truck, SUV and delivery van — in a matter of months. For this ambitious effort, it has harnessed powerful weapons: former Tesla Inc. engineers who launched the company’s Model 3 sedan.
May 18, 2021Tonnage in April Rises 6.9% Year-Over-Year
Truck tonnage in April increased a seasonally adjusted 6.9% compared with year-ago levels, according to American Trucking Associations' For-Hire Truck Tonnage Index.
May 18, 2021Walmart Raises Forecast on Desire to ‘Get Out and Shop’
Walmart Inc. posted strong quarterly sales growth and boosted its profit outlook, an impressive feat as the retailer faced a difficult comparison with last year’s pandemic-fueled stockpiling. The shares rose in premarket trading.
May 18, 2021California Places Tesla’s ‘Full Self-Driving’ Under Review
LOS ANGELES — California’s Department of Motor Vehicles is reviewing whether Tesla is violating a state regulation by advertising its vehicles as being fully autonomous without meeting the legal definition of self-driving.
May 18, 2021