Great Dane The freight market experienced a 3% sequential tonnage increase in February as well as its second straight year-over-year gain, furthering optimism it is emerging from its recession, American Trucking Associations reported March 18. The ATA For-Hire Truck Tonnage Index increased to 115.2 from 111.9 in January. The index also was up 0.6% from ...more
Tractor-trailers and other vehicles on the Oklahoma Turnpike. Markwayne Mullin, a U.S. senator from the state, says, "California’s waivers are not about clean energy, they are about control." (Oklahoma Turnpike Authority) Legislation that would restrict the federal government from permitting states to limit sales of vehicles with internal combustion engines was recently introduced in the ...more
A cargo ship is plugged in to an electric grid rather than burning diesel at the Yusen Terminal in the Port of Los Angeles. (Etienne Laurent/AP) LOS ANGELES — On a gray March afternoon at the Port of Los Angeles, the largest in the U.S., powerful electric top-handlers whir, beep and grind as they motor ...more
A containership berthed in Tokyo. (Koji Sasahara/Associated Press) President Donald Trump’s tariff campaign is likely to worsen inflation and raise the bar for Japanese companies to invest in the U.S., defying the president’s aim to lure investment and revive American manufacturing, according to the chair of the Japan External Trade Organization. Higher tariffs will raise ...more
Workers talk as construction continues on Stark Street Bridge in Troutdale, Ore. (Jenny Kane/AP) PORTLAND, Ore. — The pothole outside Timothy Taylor’s home was so deep, he could hear the clunk of cars hitting it from inside his house. The Portland resident could sympathize with those drivers: He knew to avoid his own neighborhood pothole, ...more
(Krisztian Bocsi/Bloomberg News) The world’s largest battery manufacturer, Contemporary Amperex Technology Co. Ltd., has agreed to invest up to 2.5 billion yuan ($346 million) in building out a battery-swapping network across China in collaboration with electric vehicle maker Nio Inc. The partnership agreement, signed in the southeastern city of Ningde, where CATL is based, will ...more
The company has made a big bet on autonomous driving, robotics and artificial intelligence as the primary business of selling EVs struggles. (David Paul Morris/Bloomberg News) Tesla Inc. was granted approval in California to begin carrying passengers as Elon Musk’s company takes steps toward offering ride-hailing services. The California Public Utilities Commission said in an ...more
Ram’s U.S. pickup sales, a major profit driver for the company, slid 16% last year. (Nic Antaya/Bloomberg News) Stellantis NV believes there is still demand for an affordable version of its Ram 1500 pickup truck in the U.S. market after the stripped-down “Ram Classic” ceased production last year, Chief Financial Officer Doug Ostermann said. “We ...more
Torc’s autonomous driving system equipped on a Freightliner Cascadia tractor at an industry show. (Seth Clevenger/Transport Topics) Automated truck developer Torc has partnered with manufacturing company Flex and artificial intelligence specialist Nvidia to develop a scalable physical AI compute system for autonomous trucks, the company announced March 18. Blacksburg, Va.-based Torc has been working toward ...more
The EU wants to make progress and engage with the U.S., Simon Harris said in a Bloomberg TV interview March 18. (Simon Wohlfahrt/Bloomberg News) The European Union is ready to talk to U.S. President Donald Trump before making any more decisions on retaliatory tariffs, Ireland’s deputy prime minister said. The EU wants to make progress ...more
