Self-driving cars are all very well and good, if you ignore the fact that they can’t spot potholes or drive in the rain. Today, though, an even more satisfyingly futuristic prototype was unveiled at a conference in Vienna: a flying car. The “Aeromobil 3.0” is the size of a saloon…
Swift Transportation, the largest U.S. truckload carrier had more freight in the third quarter than it could handle, even with 300 more tractor-trailers hauling truckload shipments. The earnings reports of Phoenix-based Swift and truckload competitors Werner Enterprises and Knight Transportation show freight demand rose to match and exceed truck capacity…
Neovia Logistics, the former logistics arm of Caterpillar Inc., will be purchased by Rhone Capital, an investment arm of Goldman Sachs Group, company officials said. Jos Opdeweegh, CEO of Irving, Texas-based Neovia, said an agreement with Platinum Equity and Caterpillar to sell their respective 65% and 35% stakes in the…
For months many observers have worked to calm fears that the labor issues at West Coast ports — a major shipping hub for several U.S. retailers — would interfere with holiday inventory logistics. Most retailers are, for the most part, all set with their holiday inventories, but the delays are…
Shipments of Bakken crude oil from North Dakota to California by barge have quietly overtaken those by train for the first time, showing how the state’s isolated refiners are using any means necessary to tap into the nation’s shale oil boom. While tough permitting rules and growing resistance by environmentalists…
U.S. retail heavy-duty truck sales continued their torrid pace, topping 20,000 in September for just the second time since 2006, WardsAuto.com reported. The September total of 20,078 was 24.5% above a year ago and the highest since December 2011. It was also the first non-December month to see sales above…
“Truck capacity is being challenged by an increasingly competitive driver market, trucking company failures and heightened regulatory-cost increases for truck ownership and safety; thus, we expect this favorable demand trend relative to constrained supply will continue,” the company said in its quarterly report. Read more here. …
Safety advocacy groups, The Teamsters Union, a couple of Democratic congressmen and a research group today disclosed a new public opinion poll they said shows “dramatically” and overwhelmingly that the general public would be opposed to truckers being able to increase their work week from 70 to 82 hours. In…
“In commercial long-haul applications, we know fuel efficiency and savings is critical,” Andrea Russell, brand manager, commercial tire marketing, said during an online news conference with members of the trucking media. “Goodyear has been listening to what fleets have been saying and they’ve been telling us ‘we need to save…
Mack Trucks announced this week it is helping increase breast cancer awareness by showcasing a pink Mack Pinnacle axle-back model tractor at its Greensboro, N.C. headquarters. The truck, which is on display throughout this month, is part of several activities scheduled in support of National Breast Cancer Awareness Month. Other…
