A wasteland of burned out homes and obliterated communities is left on Aug. 10, 2023 in Lahaina, Hawaii, following a stubborn blaze. (Rick Bowmer/AP) Hawaii has temporarily waived Kahului Harbor wharfage fees for inbound cargo to help relief efforts after the devastating Lahaina fire in Maui on Aug. 8 as one local transport company halted ...more
Jeffrey Langenhahn, competing in the twins class, hopes to recapture the magic of 2014 when he earned grand champion honors. (John Sommers II for Transport Topics) COLUMBUS, Ohio — To understand the evolution of the country’s premier precision-driving tournament, look at the grand champion award. Unveiled five decades after the start of the National Truck ...more
Yellow trucks at a California terminal. (David Paul Morris/Bloomberg News) Estes Express Lines is set to be at the front of any queue to buy the 169 terminals of bankrupt less-than-truckload rival Yellow Corp. after agreeing to submit a $1.3 billion stalking horse bid, a court heard Aug. 17. Richmond-Va.-based Estes will not, however, provide ...more
A Cruise vehicle in San Francisco. (David Paul Morris/Bloomberg News) San Francisco asked California regulators Aug. 16 to halt its approval of Cruise’s and Waymo’s unrestricted commercial expansion in the city, arguing the city “will suffer serious harm” as the companies extend driverless taxi service to daytime hours. The administrative motions City Attorney David Chiu ...more
Every month this year has experienced a year-over-year decline since closing out 2022 at the second-highest level on record. (Utillty Trailer Manufacturing Co.) U.S. trailer orders continued the trend of year-over-year declines in July despite experiencing a significant sequential turnaround, according to ACT Research. Preliminary data shows orders decreased 41.1% year-over-year to 10,000 from 16,997, ...more
Luis Hermida (third from left) is competing at nationals for the third time. (New Mexico Trucking Association) COLUMBUS, Ohio — A surprising new sentiment stirs for FedEx Freight’s Luis Hermida: anticipation. This year’s “Super Bowl of Safety” is finally here, and Hermida, competing in the twins class, is determined to display his talents. COMPLETE NTDC ...more
A drone view of the plant's interior. (Shinhwa) MONTGOMERY, Ala. — An auto parts supplier plans a $114 million investment to expand its facility in Alabama to support the production of electric vehicle parts, Gov. Kay Ivey’s office announced Aug. 15. Shinhwa Auto USA Corp.’s expansion will create 50 jobs over the next three years ...more
Profit came in above expectations in the second quarter. (Target Corp.) NEW YORK — Target’s second-quarter sales were hit by inflation and a negative reaction by some customers, widely publicized on social media, to its Pride merchandise. The Minneapolis retailer expects high interest rates, which makes credit cards more expensive to use, and higher prices ...more
(Jake May/The Flint Journal via AP, file) DETROIT — About 146,000 members of the United Auto Workers union will vote next week whether to authorize their leaders to call strikes against the Detroit automakers. Union President Shawn Fain told members in a Facebook Live appearance Aug. 15 that the talks, which started in mid-July, are ...more
Yellow shut its doors on July 30. (Yellow Corp.) An affiliate of Ken Griffin’s Citadel has acquired roughly $485 million in Yellow Corp. debt previously owned by Apollo Global Management Inc. and other senior lenders to the bankrupt trucking firm, according to a person familiar with the matter. The deal comes as Yellow seeks to ...more
