A UPS facility in the Brooklyn borough of New York on July 6. (Brittainy Newman, File/AP) Revenue declined at UPS Inc. in the second quarter, and the package delivery company lowered its full-year revenue expectations by $4 billion as package volumes decline, and after reaching a tentative labor contract reached late last month with its ...more
A Rivian electric van delivers packages for Amazon Prime Aug. 4 in Thornton, Colo. (David Zalubowski/Associated Press) Rivian Automotive Inc. expects heavy losses to continue as it boosts production plans for the year and works to reestablish itself as a rising player in the increasingly crowded EV market. The company will build about 52,000 vehicles ...more
McNeilus Truck and Manufacturing announced a $25 million expansion after investing $50 million nearly a year ago to establish a manufacturing base in Murfreesboro. (McNeilus Truck and Manufacturing) A unit of Oshkosh Corp. that makes purpose-built commercial vehicles and equipment, McNeilus Truck and Manufacturing Inc. is expanding its Tennessee operations to better serve its global ...more
A UPS driver unloads packages in San Francisco July 25. (David Paul Morris/Bloomberg News) UPS Inc. has become a hot employer since its union last month secured $30 billion in new money over a five-year contract. Online jobs board Indeed Inc. saw a more than 50% increase in searches with “UPS” or “United Parcel Service” ...more
Record-keeping is relatively standard for motor carriers, either for DOT or their own use. (Becky Wright/Getty Images) The Federal Motor Carrier Safety Administration has announced plans to renew its requirement that motor carriers maintain a record of accidents involving their commercial motor vehicles. While the plan does not require carriers to report the accident data ...more
New York 3-axle winner and grand champion John Jadrossich will be making his third trip to the National Truck Driving Championships. (Eugene Mulero/Transport Topics) Rather than simply overthinking his approach to precision-driving contests, John Jadrossich, a FedEx Freight driver, decided to embrace the art of cool relaxation. Turns out adopting a laid back, somewhat chill ...more
TFI said JHT generated annual revenue in excess of $500 million annually before the deal, noting that JHT’s operating margins are consistent with those of TFI International’s logistics segment. (TForce Freight) TFI International is set to acquire Class 6 to Class 8 truck manufacturer transportation provider JHT Holdings Inc., it said Aug. 7. Montreal-based TFI, ...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
On Monday, an autonomous Cruise robotaxi collided with a truck in San Francisco, according to reports.The crash happened on the morning of August 7 on Stanyan and Oak near Golden Gate Park, according to the San Francisco Standard. Cruise told the outlet that the self-driving taxi was following another car which turned to get around the truck. ...more
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
