A Proterra charging system. The company also makes EV batteries and electric buses. (Proterra) Proterra Inc., which makes heavy-duty electric vehicle components like chargers and batteries, filed for bankruptcy on Aug. 7. The Burlingame, Calif.-based company listed assets and liabilities of at least $500 million each in a Chapter 11 petition in Delaware. The filing ...more
A UPS facility in the Brooklyn borough of New York on July 6. (Brittainy Newman, File/AP) Revenue declined at UPS Inc. in the second quarter, and the package delivery company lowered its full-year revenue expectations by $4 billion as package volumes decline, and after reaching a tentative labor contract reached late last month with its ...more
A Rivian electric van delivers packages for Amazon Prime Aug. 4 in Thornton, Colo. (David Zalubowski/Associated Press) Rivian Automotive Inc. expects heavy losses to continue as it boosts production plans for the year and works to reestablish itself as a rising player in the increasingly crowded EV market. The company will build about 52,000 vehicles ...more
McNeilus Truck and Manufacturing announced a $25 million expansion after investing $50 million nearly a year ago to establish a manufacturing base in Murfreesboro. (McNeilus Truck and Manufacturing) A unit of Oshkosh Corp. that makes purpose-built commercial vehicles and equipment, McNeilus Truck and Manufacturing Inc. is expanding its Tennessee operations to better serve its global ...more
A UPS driver unloads packages in San Francisco July 25. (David Paul Morris/Bloomberg News) UPS Inc. has become a hot employer since its union last month secured $30 billion in new money over a five-year contract. Online jobs board Indeed Inc. saw a more than 50% increase in searches with “UPS” or “United Parcel Service” ...more
Record-keeping is relatively standard for motor carriers, either for DOT or their own use. (Becky Wright/Getty Images) The Federal Motor Carrier Safety Administration has announced plans to renew its requirement that motor carriers maintain a record of accidents involving their commercial motor vehicles. While the plan does not require carriers to report the accident data ...more
New York 3-axle winner and grand champion John Jadrossich will be making his third trip to the National Truck Driving Championships. (Eugene Mulero/Transport Topics) Rather than simply overthinking his approach to precision-driving contests, John Jadrossich, a FedEx Freight driver, decided to embrace the art of cool relaxation. Turns out adopting a laid back, somewhat chill ...more
TFI said JHT generated annual revenue in excess of $500 million annually before the deal, noting that JHT’s operating margins are consistent with those of TFI International’s logistics segment. (TForce Freight) TFI International is set to acquire Class 6 to Class 8 truck manufacturer transportation provider JHT Holdings Inc., it said Aug. 7. Montreal-based TFI, ...more
A dramatic train vs. truck collision was caught on video in Cobb County, Georgia, on Tuesday morning.The crash occurred at VMH and Austell Powder Springs Rd in Austell, Georgia.Crash at VMH and Austell Powder Springs Rd. Train crossing blocked. PD rerouting Austell Powder Springs SB traffic. #ATLtraffic pic.twitter.com/bgx8ZPQoyl— Cobb County DOT (@CobbDOT) August 8, 2023 ...more
A truck driver popular on social media is on her way home after being detained in Dubai for ‘offensive behavior’ during a “common rental car extortion scheme.”Trucker Tierra Allen, known on social media as “Sassy Trucker” was arrested in Dubai back in May after getting into a confrontation with a male employee of a car ...more
