Speaking at Kara Swisher’s CODE conference a few minutes ago, Uber CEO Travis Kalanick answered a question about how his company feels about self-driving cars. That answer should probably have Uber drivers rushing to Lyft, resumes in hand… “I love [self driving cars] all day long,” he said. “The Uber experience is…
Delays generated by weather conditions and traffic congestion create significant costs for trucking companies. Indeed, congestion on the nation’s interstate highways alone added $9.2 billion in operational costs to the industry’s bottom line in 2013, according to a study by the American Transportation Research Institute (ATRI) released in April. To combat those…
THE INNOVATIVE AUTO COMPANY INVITED A FAST COMPANY WRITER OVER TO ITS HOMETOWN OF GOTHENBURG, SWEDEN, FOR A PEAK AT ITS CAR OF THE FUTURE. THERE HE COLLECTED PHOTOGRAPHS, VIDEO, AND ONE MEMORABLE, HANDS-FREE SPIN BEHIND THE COMPUTER-CONTROLLED WHEEL. See more here.
COLUMBUS, IN — North American truckers ordered 25 percent more trailers between October 2013 and April 2014 than over the same period a year before, according to freight forecasters at ACT Research. Read more here.
A variety of metrics indicate freight volumes continue to increase, with such increases generating more opportunities for trucking rate increases, according to experts. The American Trucking Associations (ATA) noted that the trade group’s for-hire truck tonnage Index increased 1.5% in April after rising 0.6% in March. On top of that, the index…
BNSF Railway and Ferromex (FXE) announced a new intermodal service between Chicago and Silao, Guanajuato, Mexico, on Tuesday, May 20, 2014. BNSF and FXE hosted customers, intermodal carriers and elected officials during an opening event Tuesday to showcase the new service at the expanded FXE Silao Intermodal Facility inside the…
U.S. retail heavy-duty truck sales totaled 17,776 in April, the highest level thus far in 2014 and 13.6% above the same month a year earlier, WardsAuto.com reported. April also marked the eighth consecutive month of year-over-year growth and was 8% higher than the March total of 16,452. Last month’s tally…
Cloud-based convoys may just be the future of trucking. Peloton Technology, Menlo Park, Calif., hosted a demonstration in Nevada earlier this month of a unique technology it has developed to allow two trucks to ride closer together than would otherwise be safe. The company calls the technology a “platooning system.”…
Trucking remains the dominant U.S. mode of freight transportation, hauling 69.1% of freight last year totaling 9.7 billion tons, with both figures up from a year earlier, American Trucking Associations reported May 12. Read more here
TORONTO – Chemtrade Logistics Income Fund (TSX: CHE.UN) says it has an agreement to sell its refinery services business in Montreal to Suncor Energy Products Inc. for roughly $120 million. The Toronto-based income fund says it will use the net proceeds of the sale to reduce debt. Chemtrade says its…
