Made of titanium, carbon fiber and, like superman, is designed to go faster than a speeding bullet, the Bloodhound SSC has been painstakingly put together and tested over the better part of six years. In 2016, the UK-based team plan to take the 42-foot (8.9m) vehicle to Hakskeen Pan, a…
Spot market freight volume was atypically strong for the season in December, increasing 3.0 percent compared to November, according to the DAT North American Freight Index. Freight volume has declined in December in 11 of the past 15 years. Compared to December 2013, volume rose 11 percent, in the eighteenth…
The president and CEO of Dana Holding Corporation has informed the company’s board of directors that he plans to retire in April 2016 Roger J. Wood has led the company for five years. Read more here.
The TransCore Link Logistics Canadian Freight Index closed 2014 with unprecedented record highs for annual load volumes, trouncing 2013 annual load volumes by 33 percent. The year saw historic volumes for 10 months, the most since TransCore Link Logistics started recording data. The two months that did not set records,…
Mercedes-Benz, BMW and Audi revealed prototypes of their autonomous vehicles at CES 2015 in Las Vegas BMW went one further by unveiling a car it says is “uncrashable.” Read more here.
CargoNet reported 181 total cargo theft events between Oct. 1 and Dec. 31. There were 81 incidents in October, 60 in November, and 40 in December. Most of the thefts (55%) occurred on weekends. Read more here.
Less than a month after an internal audit concluded a pilot program lacked enough participants to be statistically conclusive, the Dept. of Transportation said Friday that Mexican motor carriers will soon be able to apply for authority to conduct long-haul, cross-border trucking services in the United States. Read more here.…
Users of diesel fuel — mostly the nation’s truckers — haven’t seen diesel prices fall as much as gasoline, but that’s about to change. Diesel “is slowly joining the party,” with prices nationally declining an average of 44 cents a gallon in the last month, said Patrick DeHaan, senior petroleum…
There are 900 “Internet of Things” exhibitors at the Consumer Electronics Show this week in Las Vegas, Nevada. The “Internet of Things” is “not science fiction anymore, it’s science fact,” Boo-Kuen Yoon, president and CEO of South Korea’s Samsung Electronics, said in a Jan. 5 keynote speech at CES, which…
U.S. rail intermodal traffic increased 5.2% in 2014 from the prior year, the Association of American Railroads reported. Railroads moved 13.5 million intermodal trailers and containers last year, AAR said Dec. 31 in its weekly report. Read more here.
