July Used Class 8 Sales Decline 9.3% Year-Over-Year
Used Class 8 sales in July decreased 9.3% year-over-year to 19,500 units from 21,500, ACT Research reported.
Flexport Founder Ryan Petersen to Return as CEO
Flexport CEO Dave Clark is abruptly leaving the startup after a year, making way for the return of founder Ryan Petersen and highlighting pressure on startups in the logistics indu
New York’s Port of Oswego Wins $4 Million Federal Grant
Secretary of Commerce Gina Raimondo has announced a $4 million economic development grant to New York’s Port of Oswego to buy new cargo-handling equipment and improve rail infras
Tesla to Supply Hilton Hotels With 20,000 EV Chargers
Hilton Worldwide Holdings Inc. is partnering with Tesla Inc. to install 20,000 universal electrical vehicle chargers at 2,000 of its hotels in the U.S., Canada and Mexico.
Former Ford, VW Executives Start Stack AV
The founders of the former self-driving unit of Ford Motor Co. and Volkswagen AG are launching a new autonomous trucking startup, Stack AV, with backing said to be more than $1 b
Jaxport to Buy Two Ship-to-Shore Cargo Cranes
Florida state legislators have given Jacksonville Port Authority officials a $30 million check to purchase two new ship-to-shore container cranes for the Blount Island Marine Termi
NDAA on Congressional Leaders’ Fall Radar
With lawmakers returning to Capitol Hill after the Labor Day holiday, attention will be devoted to arriving at a final version of the National Defense Authorization Act.
TFI Buys Tank Truck Specialist Vedder in Ninth Deal of 2023
TFI International Inc. acquired tank transport specialist Vedder Transportation Group, the company said, in what was its ninth acquisition so far in 2023.
US Trade Deficit Widened by Less than Expected in July
The U.S. trade deficit widened in July by less than forecast, reflecting an increase in exports of cars and services.
Fain: Strike is ‘The Plan’ if Deals Not Reached Next Week
The head of the United Auto Workers warned Sept. 6 that the union plans to go on strike against any Detroit automaker that hasn’t reached a new agreement by the time contracts ex