A lone log trailer was left blocking one lane of a two lane road in North Carolina on Monday night. The incident happened at 4712 Old Stage Road in Riegelwood, North Carolina on May 26th. According to WECT 6, Delco Riegelwood Fire Rescue was called after a mother and her children encountered the road block while ...more
A bridge buckled in the Texas Panhandle after being struck by a semi truck hauling a crane on Tuesday morning. The impact happened on Tuesday, May 27th at about 7:25 a.m. near Tulia, Texas. According to ABC 7 Amarillo, the semi truck was hauling the crane on southbound Interstate 27 when it struck the FM 928 ...more
A truck driver filmed himself confronting the driver involved in a recent pile up crash that killed five in Austin earlier this year. In the video, the filming truck driver apparently shows a close up of the truck after it crashed into a line of traffic at high speeds on Interstate 35 in Austin on ...more
Volvo Car CEO Insists R&D Direction Not Shifting to China
“People worry Geely will centralize R&D in China. That’s a misunderstanding,” Samuelsson said. (Mikael Sjoberg/Bloomberg) Upcoming job cuts at Volvo Car AB are not a sign that the carmaker’s Chinese owner is taking more control over product development, CEO Hakan Samuelsson said. “People worry Geely will centralize R&D in China. That’s a misunderstanding,” Samuelsson said ...more
Volvo Cars CEO Insists R&D Direction Not Shifting to China
“People worry Geely will centralize R&D in China. That’s a misunderstanding,” Samuelsson said. (Mikael Sjoberg/Bloomberg) Upcoming job cuts at Volvo Car AB are not a sign that the carmaker’s Chinese owner is taking more control over product development, CEO Hakan Samuelsson said. “People worry Geely will centralize R&D in China. That’s a misunderstanding,” Samuelsson said ...more
From Crickets to Click-Throughs
“For trucking brands, video provides a powerful way to connect with potential drivers — and customers — on a more human level,” Stafford said. (5./15 WEST/Getty Images) While most trucking and logistics firms realize that YouTube has become a staple in video promotion, fewer realize just how powerfully sophisticated the network has grown in recent ...more
Pacific Coast Highway to Reopen Near Malibu After Fires
The remains of a mobile home parking lot off the Pacific Coast Highway following the Palisades Fire in Malibu on Jan. 10. (Michael Nigro/Bloomberg News) An iconic Southern California stretch of the Pacific Coast Highway, closed to outsiders since January’s devastating Palisades Fire, will reopen May 23 in advance of the travel-heavy Memorial Day weekend. ...more
Pershing Square Buys Amazon Stake After 31% Stock Price Drop
(Eduardo Munoz Alvarez/Associated Press) Bill Ackman’s Pershing Square Capital Management built a new stake in Amazon.com Inc., calling it a “fantastic franchise” and noting that the investor acquired shares at an “extremely attractive” price. Pershing Square bought the stock after it tumbled more than 30% earlier this year, the result of concerns over the generative ...more
Trump Threatens 50% Tariff on EU as Trade War Intensifies
The president threatened a 525% tariff on Apple products unless iPhones are made in America. (Juliana Yamada/AP/File) WASHINGTON — President Donald Trump on May 23 threatened a 50% tax on all imports from the European Union as well a 25% tariff on Apple products unless iPhones are made in America. The threats, delivered over social ...more
Economic Factors Bombard Truck Makers From All Angles
A fifth-generation Freightliner Cascadia. DTNA is forecast to sell 155,000 to 175,000 trucks in 2025 across all classes. (Daimler Truck North America) Multiple adverse factors contributed to a much rougher three months for truck manufacturers in the first quarter of 2025 than was expected at the turn of the calendar year, according to earnings reports, ...more