Lordstown, Foxconn Delay Ohio Factory Sale Deadline
Lordstown Motors Corp. agreed to push back the deadline to sell its Ohio factory to Hon Hai Precision Industry Co Ltd., known as Foxconn, dragging out the closure of the vital partnership and offering no guarantee that it will get done.
May 2, 2022Transform Your Trailer Assets and Save Time and Money
The Bennett Family of Companies improved its trailer tracking ability by ditching battery-operated devices for SkyBitz’s solar-powered, real-time tracking platform. And saved $1000 per week in labor costs! Discover how in this success story. Get Your Copy Now!
May 1, 2022Despite Gains, Challenges Remain for Adoption of Alt-Fuel Trucks
Record-high diesel fuel prices are creating some painful sticker shock moments at the pump for truck lines and shippers. Yet, those rising costs aren’t necessarily driving a dramatic uptick in adoption of alternative-fueled vehicles in the Class 8 heavy-truck sector.
April 29, 2022Allison Reports Best Quarterly Revenue Since 2019 in Q1
Allison Transmission Holdings Inc. reported gains in first-quarter net income while revenue rose 15% to post its strongest revenue quarter since 2019.
April 29, 2022Exxon Profits Surge
NEW YORK — Exxon Mobil reported $5.48 billion in net income during the first quarter as oil and gas prices rose steadily, more than doubling its profits compared with the same quarter last year.
April 29, 2022Will the Diesel Engine Ever Be Perfected?
The California Air Resources Board has approved for 2027 what the Engine Manufacturers Association refers to as “sweeping new regulations affecting heavy-duty trucks sold in the state.”
April 29, 2022Tire Choices Provide Pros, Cons for Fleet Maintenance Managers
In the current environment of high fuel prices and a technology shift looming over many companies regarding last-mile delivery, fleets are challenged to develop a strategy toward tire management. For some maintenance managers, the debate of new tires versus retreads offers various methods in battling some of those concerns.
April 29, 2022Reefer Carriers Warm Up to Smart Trailer Tech for Cold Chain Logistics
Paying attention to the details in cold chain logistics can save customers and carriers cold hard cash — especially for those companies that are investing in the latest technological advancements.
April 29, 2022C.H. Robinson Posts Record Q1 Profits
Strong freight demand across its network powered C.H. Robinson Worldwide to record first-quarter profits.
April 28, 2022Nikola Sees Energy Transition in Arizona Desert
COOLIDGE, Ariz. — Several customers’ recently completed Nikola Tre Class 8 battery-electric trucks sat ready for delivery inside Nikola Corp.’s new assembly plant, a scene described by company executives as a watershed moment since the white cabover BEVs will generate 7-year-old Nikola’s first-ever quarterly revenue.
April 28, 2022