"You are the heartbeat of this nation,” ATA President Chris Spear told attendees at the kick-off to the National Truck Driving Championships and Step Van Championships in Columbus, Ohio, on Aug. 16. (John Sommers II for Transport Topics) COLUMBUS, Ohio — This year’s “Super Bowl of Safety,” the premier precision-driving contest for commercial drivers, is ...more
A billboard in Miami promoting Proterra buses in February. (Wilfredo Lee/Associated Press) Electric bus maker Proterra Inc. had support from President Joe Biden, contracts with 135 transit agencies and $309 million in revenue. But despite that, it couldn’t turn a profit after nearly 20 years and filed for bankruptcy last week. In doing so, it ...more
Beep's driverless EV shuttle on display in Orlando, Fla. (John Raoux/Associated Press) ORLANDO, Fla. — There is going to be a new way to get around downtown Orlando, and it’s not going to require any human drivers. Starting later this month, an electric, self-driving shuttle will whisk passengers around a 1-mile loop in the downtown ...more
Customers enter an Aldi supermarket in Bensalem, Pa. (Matt Rourke/Associated Press) Discount grocer Aldi said Aug. 16 it plans to buy 400 Winn-Dixie and Harveys supermarkets in the southern U.S. Under a proposed merger agreement, Aldi will acquire all outstanding shares of Jacksonville, Fla.-based Southeastern Grocers Inc., the parent company of Winn-Dixie and Harveys. If ...more
The Pennsylvania Turnpike opened in 1940 as the nation’s first superhighway. (Jan Murphy/Tribune News Service) Truckers traveling along the Pennsylvania Turnpike will notice some big changes, from modernized tolling infrastructure without toll plazas or booths and new fee structures starting in 2025. Work is taking place on the turnpike, which opened in 1940 as the ...more
Thousands of third-party sellers who ship products themselves will start paying a 2% fee on each sale in October. (Chris Ratcliffe/Bloomberg News) Amazon.com Inc. is imposing a new fee on merchants who don’t use the company’s logistics services, a change many of these sellers consider coercive and surprising since the U.S. government is poised to ...more
Lordstown Motors' Endurance pickup truck. (Matthew Hatcher/Bloomberg News) Electric vehicle maker Lordstown Motors Corp. has agreed to pay $40 million to settle a Karma Automotive lawsuit alleging that the company lifted designs and technology to develop its flagship Endurance truck. The settlement disclosed in bankruptcy court papers Aug. 15 averts an upcoming trial that threatened ...more
The Port of New York-New Jersey had a record year in 2022, handling 9.5 million containers. (Port of New York & New Jersey) It’s good to be No. 1. That’s the spot held for more than two decades by the Los Angeles and Long Beach ports, a combined international trade powerhouse that moves nearly 40% ...more
Tesla Model S. (Tesla) Tesla Inc. added new lower-range iterations of the Model S sedan and Model X sport utility vehicle to its lineup that cost $10,000 less than their previous base prices. The Standard Range Model S starts at $78,490 and offers an estimated 320 miles of range, while the Standard Range Model X ...more
Home Depot stuck to previous guidance for the year, seeing sales decline between 2% and 5%, after lowering its forecast in the last quarter. (The Home Depot) ATLANTA — Home Depot topped profit and sales expectations in its most recent quarter, but sales continued to decline as inflation and soaring interest rates play a larger ...more
