A dramatic train vs. truck collision was caught on video in Cobb County, Georgia, on Tuesday morning.The crash occurred at VMH and Austell Powder Springs Rd in Austell, Georgia.Crash at VMH and Austell Powder Springs Rd. Train crossing blocked. PD rerouting Austell Powder Springs SB traffic. #ATLtraffic pic.twitter.com/bgx8ZPQoyl— Cobb County DOT (@CobbDOT) August 8, 2023 ...more
Officials in Texas, have provided details on a double-fatality crash involving a semi truck that occurred on Monday.The crash occurred around 8:30 a.m. on August 7 on IH30 Eastbound at FM 35 in Royse City, Texas.According to the Royse City Police Department, “an 18-Wheeler traveling westbound crossed over onto the eastbound side of IH30 and ...more
(Western Global Airlines) Western Global Airlines filed for bankruptcy protection with plans to slash its debt load after the cargo airline faced a cash crunch. The airline listed assets of as much as $500 million and debt of as much as $1 billion in a Chapter 11 petition filed in Delaware. The filing allows Western ...more
The first FCEV customer deliveries are expected to take place in September. (Nikola Corp.) Losses at Nikola Motor widened year-over-year in the second quarter of 2023 after the truck maker took a $77.8 million hit to its balance sheet on its exit from Europe, closing its Romeo Power unit and refocusing on hydrogen-powered Class 8 ...more
Tyson has been trying to cut costs over the past several months. (John Sommers II for Transport Topics) Tyson Foods Inc. is closing four chicken processing plants as it looks to lower costs. The company said Aug. 7 that the plants being closed are located in North Little Rock, Ark.; Corydon, Ind. Dexter, Mo., and ...more
A Volvo truck in production at the New River Valley plant in Virginia. Order are till "on a low level, which doesn’t match the replacement demand that’s out there,” company executive Magnus Koeck says. (Volvo Group) North American Class 8 truck orders rose year-over-year for a third month in a row in July, according to ...more
Studies by the Massachusetts Institute of Technology show that shifting to electric vehicles delivers a 30% to 50% reduction in greenhouse gas emissions over combustion vehicles. (3alexd/Getty Images) DETROIT — The U.S. government’s most ambitious plan ever to slash planet-warming greenhouse gas emissions from passenger vehicles faces skepticism both about how realistic it is and ...more
Goetz speaking last month at Daimler's Capital Market Day 2023 in Boston. (Joe Howard/Transport Topics) Daimler Truck AG announced Aug. 6 that Chief Financial Officer Jochen Goetz has died. Goetz, a 36-year veteran of the company, died “suddenly and unexpectedly” on Aug. 5 as a result of a “tragic accident,” the company said. Goetz was ...more
Yellow Corp. trucks navigate the YRC Freight terminal July 28 in Kansas City, Mo. (Charlie Riedel/Associated Press) Yellow Corp. on Aug. 7 announced it was seeking Chapter 11 bankruptcy protection and entering into an agreement that would secure sufficient financing for the nearly 100-year-old company to wind down operations. The company submitted the filing in ...more
A truck takes on fuel in Missouri. The average cost of a gallon of diesel rose 9 cents in the Midwest this past week, 2.2 cents less than the national average. (Bim/Getty Images) The national average diesel price rose for the third straight week, climbing 11.2 cents to settle at $4.239, according to Energy Information ...more
