Taylor Swift performs during the opener of her Eras tour in Glendale, Ariz., on March 17. (Ashley Landis/Associated Press) Taylor Swift has reportedly given $100,000 bonuses to the truck drivers who have been transporting her concert equipment across the country during her epic Eras tour. The “Midnights” artist gifted about 50 drivers $100,000 each, adding ...more
FCEV production at a Nikola plant. (Nikola Motor Co.) Nikola began production of the Tre hydrogen fuel cell electric truck July 31 at its Coolidge, Ariz., factory, the company said. Phoenix-based Nikola paused production at the Coolidge complex in late May for a retooling. Previously, the plant manufactured Tre battery-electric trucks. When announcing the company’s ...more
Badar Khan speaks at a future of energy panel in 2018. (Alex Flynn/Bloomberg News) With inset of Zoi via EVgo.com. Electric-car charging company EVgo Inc. said CEO Cathy Zoi will retire in November and be succeeded by board member Badar Khan. Zoi, who has led EVgo since 2017, plans to retire around Nov. 9 and ...more
United Auto Workers President Shawn Fain talks with autoworkers outside the General Motors Factory Zero plant in Hamtramck, Mich., on July 12. Paul Sancya, AP, File) DETROIT — The United Auto Workers union will present a long list to General Motors, Ford and Stellantis when it delivers economic demands to the companies this week, the ...more
BNSF engineers will get five days of paid sick leave and be permitted to convert three other leave days into sick time each year. (BNSF Railway) OMAHA, Neb. — Roughly 7,500 BNSF train engineers may soon get up to eight days of paid sick time and more certainty about their days off if they approve ...more
Volume grew by 10% year-over-year at RXO’s brokerage business in the second quarter, CEO Drew Wilkerson said. (RXO) Lower freight rates, a moderation in brokerage gross margin and the cost of operating as a stand-alone public company hurt profits at RXO Inc. in the second quarter of 2023. Asset-light transportation provider RXO reported second-quarter 2023 ...more
TFI International operates TST Overland Express. TFI reported revenue of $1.79 billion in the most recent three-month period, compared with $2.42 billion in the prior-year period. (TFI International) Profits at TFI International Inc. more than halved in the second quarter of 2023 to $128.2 million from $276.8 million in the year-ago period, the company said, ...more
President Joe Biden speaks to reporters before entering a car on Aug. 2. (Manuel Balce Ceneta/Associated Press) WASHINGTON — The Biden administration is delaying plans to restock the nation’s emergency oil reserve amid a price hike that has pushed oil above $80 a barrel. The Energy Department canceled a planned purchase of 6 million barrels ...more
An Amazon Fresh store in Warrington, Pa. (Matt Rourke/Associated Press) NEW YORK — Amazon has begun offering its Fresh grocery delivery service to customers who aren’t Prime members. The initial rollout will only be available in a dozen cities, including Boston, Phoenix, Dallas and San Francisco, the company told customers Aug. 2 in an emailed ...more
DERA funding is meant to facilitate the voluntary replacement or installation of retrofits on existing heavy-duty diesel vehicles and engines. (Wisconsin Department of Transportation) A bill that updates the Diesel Emissions Reduction Act through fiscal 2029 was recently approved by a committee in the U.S. Senate. The bipartisan measure is designed to promote health benefits ...more
