Truck Tonnage Surges in December to First Year-Over-Year Gain Since March
Trucking closed the tumultuous year of 2020 on an upswing, as truck tonnage in December rose a seasonally adjusted 2.3% year-over-year and jumped 7.4% compared with November in the strongest month-over-month gain since summer, American Trucking Associations reported.
January 19, 2021GM, Microsoft Lead $2 Billion Funding Round for Cruise
General Motors Co. and Microsoft Corp. are leading a $2 billion investment round in self-driving car startup Cruise in a deal that will bring the software giant’s cloud and edge-computing capabilities to the venture.
January 19, 2021Kodiak Begins Regular Disengage-Free Autonomous Deliveries
Kodiak Robotics Inc. announced trucks equipped with its Kodiak Driver autonomous system have begun making regular disengage-free customer deliveries on the middle-mile route on Interstate 45 between Dallas-Fort Worth and Houston.
January 19, 2021December Classes 4-7 Sales Improve Over 2019
Classes 4-7 sales in December accelerated overall to clear 24,000 and move 6.2% higher compared with a year earlier, WardsAuto.com reported.
January 19, 2021Navistar to Close 125-Acre Melrose Park, Ill., Facility
Navistar International Corp. announced it approved a plan to sell its facility in Melrose Park, Ill.
January 15, 2021Oil Slumps on Dollar Strength, Cooling Consumer Sentiment
Oil slid by the most in three weeks as a stronger dollar and weak U.S. economic data stoked concerns over an economic rebound.
January 15, 2021Ryder Donates to United Way, Partners With Girl Scouts
Ryder System Inc. donated more than $800,000 to the United Way in annual workplace campaign contributions for 2020. The Miami-based company also partnered with Girl Scouts of Tropical Florida to create a new supply chain patch program.
January 15, 2021Illinois Trucking Association Elects New Officers
The Illinois Trucking Association elected its 2021-2022 officers during the ITA Annual Meeting & Expo in December.
January 15, 2021FedEx Adds New Fee for Big Shippers, Fueled by E-Commerce
FedEx Corp. plans to add a new surcharge for its largest customers, citing higher pandemic-related costs and indicating that robust demand continues to give couriers considerable power to dictate prices.
January 15, 2021Transportation Stakeholders Urge Infrastructure Plan Passage by July 4
By July 4, Congress should pass comprehensive legislation that rehabilitates highway programs, modernizes freight corridors and tackles climate change concerns, nearly 200 stakeholders said in a message to federal lawmakers.
January 15, 2021