(Daimler/PR Newswire) Daimler Truck Holding, Accelera by Cummins and Paccar are forming a joint venture to advance battery cell production in the U.S. and move ahead with their long-term climate change goals. In addition, the three say this will significantly accelerate the development of electric vehicle battery production, creating U.S. manufacturing jobs in a rapidly ...more
Jaxport’s Blount Island Marine Terminal. (Mark Bias for Jaxport) Florida state legislators have given Jacksonville Port Authority officials a $30 million check to purchase two new ship-to-shore container cranes for the Blount Island Marine Terminal. While presenting the check recently, State Rep. Paul Renner (R), speaker of the House, said, “Our ports must be well-equipped ...more
A commercial truck driver closes his trailer after being inspected at Vandenberg Space Force Base. (Calif. Airman 1st Class Rocio Romo/U.S. Space Force) With lawmakers returning to Capitol Hill after the Labor Day holiday, attention will be devoted to arriving at a final version of the National Defense Authorization Act. During the post-summer work period, ...more
Vedder Transportation Group specializes in tank truck transportation of food-grade liquids and dry bulk commodities. (Vedder Transport) TFI International acquired tank transport specialist Vedder Transportation Group, the company said, in what was its ninth acquisition so far in 2023. Montreal-based TFI, which ranks No. 4 on the Transport Topics Top 100 list of the largest ...more
The shirt of United Auto Workers President Shawn Fain during an interview with The Associated Press on Sept. 6. (Carlos Osorio/Associated Press) DETROIT — The head of the United Auto Workers warned Sept. 6 that the union plans to go on strike against any Detroit automaker that hasn’t reached a new agreement by the time ...more
A cargo ship moves under the Bayonne Bridge as it heads into port in Bayonne, N.J. (Spencer Platt/Getty Images via Bloomberg News) The U.S. trade deficit widened in July by less than forecast, reflecting an increase in exports of cars and services. The shortfall in goods and services trade grew to $65 billion from a ...more
Containers sitting stacked at the Yangshan Deepwater Port, operated by Shanghai International Port Group Co. in Shanghai. (Bloomberg News) The dawn of artificial intelligence tools like ChatGPT may revolutionize the way both the public and private sector use data to ferret out risks and opportunities in the $32 trillion global trading system. During the pandemic, ...more
The Wild Horse Port of Entry. (U.S. Customs and Border Protection) Montana’s Wild Horse border crossing into Canada must remain open 24 hours to handle higher commercial truck and personal traffic, declared a letter to President Joe Biden and Prime Minister Justin Trudeau from Gov. Greg Gianforte and Alberta Premier Danielle Smith. Currently truck drivers ...more
State, local and college representatives broke ground for the new commercial truck driving and diesel technology facility at Wiregrass Georgia Technical College in July 2022. (Wiregrass Georgia Technical College) To support the Biden administration’s Trucking Action Plan, the U.S. Department of Commerce has awarded $742,180 to help a Georgia technical college pay for a concrete ...more
Crude oil storage tanks at the Juaymah Tank Farm in Saudi Aramco's Ras Tanura oil refinery and oil terminal in Ras Tanura, Saudi Arabia. (Simon Dawson/Bloomberg) DUBAI, United Arab Emirates — Saudi Arabia and Russia agreed Sept. 5 to extend their voluntary oil production cuts through the end of this year, trimming 1.3 million barrels ...more
