Interstate blocked by highway sign pulled down by semi truck’s load 

By |2022-12-14T20:49:33-05:00December 14th, 2022 at 12:00 AM|Trucking News|

A fallen highway sign caused traffic backups in South Carolina on Tuesday afternoon.  The accident happened on December 12th at around 12 p.m. on Interstate 77 south in Fort Mill. According to CBS 17, the semi truck was traveling on I-77 near exit 90 at Carowinds Boulevard when its load struck a highway sign, pulling the ...more

Federal Energy Grants to Spur DC Fast-Charging Development

By |2022-12-13T12:50:00-05:00December 13th, 2022 at 12:50 PM|Trucking News|

High-speed charging for electric vehicles could be on its way to becoming a mainstream convenience, available at grocery stores, apartment buildings and other locations many people frequent. Imagen Energy, based in Wisconsin, has been awarded a $12 million grant from the U.S. Department of Energy (DOE) to advance the development of DC fast-charging that is ...more

Einride Secures an Additional $500 Million in Funding

By |2022-12-13T10:15:00-05:00December 13th, 2022 at 10:15 AM|Trucking News|

Freight mobility technology company Einride announced it secured $500 million in financing, including a Series C equity raise and a debt facility. The $300 million in debt financing — which includes an initial facility rollout of $150 million starting in January — signed with Barclays Europe ensures long-term funding for Einride’s current and future electric, ...more

Shippers Decry ‘Notoriously Difficult’ Railroads at Hearing

By |2022-12-13T04:53:00-05:00December 13th, 2022 at 4:53 AM|Trucking News|

Shippers urged the U.S. railroad regulator to create more competition in the industry during hearings in which Union Pacific Corp. was called to explain a spike in service restrictions. Univar Solutions Inc., a chemicals distributor, deals with all modes of transportation from air to barge, and railroads stand out as “notoriously difficult to do business ...more

November Class 8 Sales Second-Highest of 2022

By |2022-12-13T02:34:00-05:00December 13th, 2022 at 2:34 AM|Trucking News|

Class 8 U.S. retail sales in November were the second-highest this year and continued the trend since May of monthly gains compared with a year earlier, Wards Intelligence reported. Sales rose 39.5% to 23,075 compared with 16,539 a year earlier. August posted the best sales so far with 23,581. Year-to-date sales rose 14.2% to 225,163 ...more

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