Norfolk Southern CEO Promises to Keep Improving Safety

By |2023-09-18T09:00:23-05:00September 15th, 2023 at 5:04 AM|Trucking News|

A Norfolk Southern train in Pennsylvania. (Gene J. Puskar/Associated Press) OMAHA, Neb. — Norfolk Southern's CEO pledged to continue working to improve safety after a consultant the railroad hired following the fiery Ohio derailment recommended making sure that safety is truly a priority at all levels and continuing many efforts it has already begun. CEO ...more

Court Approves Timeline for Sale of Yellow Terminals

By |2023-09-18T09:00:27-05:00September 15th, 2023 at 5:03 AM|Trucking News|

Yellow owned about 12,700 tractors and 42,000 trailers at the end of the second quarter of 2023, according to company documents. (Charlie Riedel/Associated Press) A bankruptcy court on Sept. 15 approved a timeline for the sale of shuttered less-than-truckload carrier Yellow Corp.’s terminals, trucks and trailers, making some key dates public for the first time. ...more

Quantron to Bring Hydrogen Fuel Cell Trucks to Europe, US

By |2023-09-18T09:00:32-05:00September 15th, 2023 at 3:41 AM|Trucking News|

Quantron plans to begin producing a Class 8 fuel cell electric tractor in the United States next year and has signed a hydrogen fueling agreement with California-based FirstElement Fuel. (Quantron) AUGSBURG, Germany — Quantron, a provider of zero-emission commercial vehicle technologies, is rolling out an expanding range of fuel cell electric and battery-electric trucks in ...more

Analysts: Diesel Price Augurs Carrier Casualty Acceleration

By |2023-09-18T09:00:36-05:00September 15th, 2023 at 2:15 AM|Trucking News|

Stifel Associate Vice President Bruce Chan said Sept. 12 that higher fuel prices are likely to mean the loss of more trucking companies in what is already a weak freight market. (Bim/Getty Images) Soaring diesel prices are likely to push more trucking companies out of business, especially smaller carriers, after casualties already spiked in the ...more

Port of Long Beach’s Hacegaba Sees Better Days Ahead in 2024

By |2023-09-15T09:00:24-05:00September 14th, 2023 at 11:29 AM|Trucking News|

The Port of Long Beach is in the midst of a 10-year, $2.2 billion capital improvement program, (Lauren Justice/Bloomberg News) LONG BEACH, Calif. — Facing a steady decline in freight, leaders at Port of Long Beach and adjacent Port of Los Angeles say they are using this time to retool and rebuild critical infrastructure and ...more

Senate, House Differ on FY24 Funding Bills

By |2023-09-15T12:20:07-05:00September 14th, 2023 at 11:10 AM|Trucking News|

Sen. Patty Murray (D-Wash.) recently speaking on Capitol Hill in Washington. "We are committed to showing the American people that this place can actually work," she said. (Mark Schiefelbein/Associated Press) With federal funding authority expiring at the end of the month, congressional leaders have yet to finalize their fiscal 2024 legislation. While the Senate this ...more

Electric Vehicle Sales Hit Critical Mark

By |2023-09-15T09:00:28-05:00September 14th, 2023 at 10:55 AM|Trucking News|

Tesla vehicles in a parking lot after arriving at a port. (Toru Hanai/Bloomberg News) Electric cars are smashing all kinds of records in the U.S. Their share of new cars exceeded 7% for the first half of the year, speeding past a critical tipping point for mass adoption. In the last few months, all-time sales ...more

August Class 8 Sales Down 1%

By |2023-09-15T09:00:33-05:00September 14th, 2023 at 9:43 AM|Trucking News|

Daimler Truck North America’s Freightliner brand took the largest market share in August with 34.9% of all Class 8 sales. (John Smmers II for Transport Topics) U.S. Class 8 retail sales in August stayed about the same from the year-ago period but increased from the prior month, Wards Intelligence reported.Sales declined 1% to 23,342 units ...more

Volvo Charts Customer-Focused Path for Zero-Emission Goals

By |2023-09-15T08:20:34-05:00September 14th, 2023 at 9:42 AM|Trucking News|

Trucks at the Volvo Customer Center in Gothenburg. (Joe Howard/Transport Topics) GOTHENBURG, Sweden — Leaders from Volvo Trucks said they’re taking a customer-focused approach to achieving corporate goals for reduction of carbon emissions, including drilling down on fleets’ operations to identify and fine-tune opportunities where adoption of zero-emission trucks will make business sense. “We need ...more

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