Equipment

A voluntary forum through which freight sector stakeholders can share information is poised to expand, Transportation Secretary Pete Buttigieg recently told members of Congress.

General Motors and South Korea’s Samsung SDI plan to invest more than $3 billion in a new electric vehicle battery cell plant in the United States, the companies said April 25.

Trees and passenger vehicles number among the safety challenges for road design benefiting freight movement. Will the new influx of federal funding help us get it right?

The Equipment Leasing & Finance Foundation found overall confidence in the equipment finance market has decreased month-over-month, the foundation announced April 20.

Third-party logistics providers enjoyed another growth year in 2022, driven by inventory buildup from past supply chain disruptions and decreasing purchased transportation costs.

The largest third-party logistics companies in North America remained in growth mode in 2022 despite an uncertain economic environment and less favorable market conditions.

Third-party logistics providers have been adjusting to normalizing market conditions as supply chain disruptions, inventory shortages and surging demand have receded.

Truck manufacturer Volvo Group posted net income of $1.25 billion, or 62 cents per share, in the three months that ended March 31.

Kansas will be able to train more diesel technicians with a new $1.2 million grant from the U.S. Department of Commerce’s Economic Development Administration.

Gasoline taxes will drop in Utah in July, and taxes will be levied at electric vehicle charging stations starting in January, after new laws signed by Gov. Spencer Cox.