A customer pumps gas at a Pembroke Pines, Fla. station. (Joe Raedle/Getty Images via Bloomberg News) Florida is facing a potential squeeze on fuel supplies as shipments into the state slow just as demand is rising from consumers preparing for the threat of a major hurricane. Demand is surging for gasoline as Floridians fill up ...more
The trucking industry is the backbone of the economy. Finding the right balance between cutting emissions and continuing to effectively meet demand is our ultimate green mission. The global trucking industry is committed to reaching net-zero emissions by 2050, but the approach, to work, will have to consider regional and national specificities. What works in ...more
VinFast's VF8 electric vehicles bound for shipment at a port in Haiphong, Vietnam, on Nov. 25. (Linh Pham/Bloomberg News) Unprofitable Vietnamese electric vehicle maker VinFast Auto Pte Ltd. is now worth more than the likes of Goldman Sachs Group and Boeing Co.VinFast shares jumped as much as 29% to $89 Aug. 28, adding to a ...more
While the focus was on the competition on the course, Dick Gillespie (left), Ina Daly and Rick Cates provided stories that highlight the spirit of trucking. (Eugene Mulero/Transport Topics) COLUMBUS, Ohio — The 2023 National Truck Driving Championships and National Step Van Driving Championships, held Aug. 16-19, provided many memorable moments. For instance, UPS tank ...more
UAW’s strike fund has more than $825 million in it. (Daniel Acker/Bloomberg News) The United Auto Workers gave union leaders permission to call a strike against the biggest U.S. carmakers if they fail to agree on a new contract before Sept. 15, a procedural formality that sets the stage for three weeks of tough negotiations. ...more
Four Super Post-Panamax ship-to-shore cranes are delivered to the Port of Savannah’s Garden City Terminal. (Georgia Ports Authority) SAVANNAH — The Port of Savannah is America’s third-busiest shipping facility because of efficiency. Cargo moves from ship to shore to truck or train to regional distribution center within 24 hours. On Aug. 24, the Georgia Ports ...more
The major freight railroads had promised in March to join the hotline program. (JerryB7 via Getty Images) OMAHA, Neb. — The major freight railroads say a disagreement over whether they will be allowed to discipline some workers who use a government hotline to report safety concerns has kept them from following through on the promise ...more
The 1,100 workers at the Ultium Cells plant near Warren, Ohio, will get $3- to $4-per-hour increases as well as thousands of dollars in back pay. (Ultium Cells) DETROIT — Unionized workers at a General Motors joint venture electric vehicle battery plant in Ohio will see pay raises while they continue to negotiate a contract, ...more
The Instacart logo on a smartphone seen in a shopping bag. (Tiffany Hagler-Geard/Bloomberg News via Getty Images) Instacart joined chip designer Arm Holdings Ltd. in moving ahead with an initial public offering, adding momentum to a return of high-profile listings. The largest U.S. online grocery delivery company disclosed in its filing Aug. 25 with the ...more
The grand champion trophy on display at NTDC 2023 in Columbus, Ohio. (John Sommers II for Transport Topics) COLUMBUS, Ohio — Stay focused. Trust the preparation. Visualize positive outcomes. That is a synopsis from previous champions on what it takes to win at the National Truck Driving Championships and National Step Van Driving Championships. New ...more
