Nippon Steel Closes $14.1 Billion Acquisition of US Steel
Logo of Nippon Steel on the exterior of Blast Furnace No. 1 at the company's Kashima Plant in Kashima, Japan. (Ayaka McGill/AP) Nippon Steel Corp. closed its $14.1 billion takeover of United States Steel Corp., bringing to an end an 18-month effort to combine the American and Japanese steelmakers, the ...more
Lordstown Ordered to Face Trial Despite Bankruptcy
Lordstown Motors' Endurance electric pickup truck. (Bloomberg News) A Delaware bankruptcy judge said she’s worried Lordstown Motors Corp. was attempting ...more
Freight Group Emphasizes Heavy-Duty Charging Infrastructure
Members of the Clean Freight Coalition pressed for funding specific for the trucking industry as part of transportation electrification efforts. ...more
Senators Introduce Trucking Safety Bill
Mikhail Makarov/Getty Images Legislation meant to promote highway safety by setting federal standards that further determine a carrier’s competence was ...more
Ryder Posts Q2 Loss on Market Weakness, UK Exit Charge
(Ryder System Inc.) Ryder System Inc. posted an $18 million loss in the second quarter of 2023, compared with a ...more
Jet Engine Wind Powers EVs in Dallas Airport Test
JetWind energy pods power turbines that are housed in a 6-foot-tall box. (Love Field) The thrust of airplane jet engines ...more
Landstar Records Q2 Earnings Drop but Beats Expectations
Landstar second-quarter revenue declined to $1.37 billion from $1.98 billion year-over-year but beat Wall Street expectations of $1.34 billion. (Landstar ...more
Tonnage in April Drops 3.4% Year-Over-Year
John Sommers II for Transport Topics Truck tonnage in April fell on both an annual ...more
Ports Record Steep Drops in April Cargo
Activity at the Port of Long Beach. The facility reported a 19.6% year-over-year decline in ...more
Impact of a Potential UPS Strike Looms Large
UPS customer Jessica Ray with her aging pooch Adu, who requires specialty dog food. (Bebeto ...more
Volvo Signs Green Power Deal for Vattenfall Wind Power
Vattenfall/Volvo Group Volvo Group signed an agreement to purchase wind power from renewables producer Vattenfall ...more
Waymo, Uber Team Up on Robotaxis in Phoenix
Phoenix Mayor Kate Gallego arrives in a Waymo self-driving vehicle at the Sky Harbor International ...more
Company Earnings Guidance Is Wrong About 70% of the Time
The study surveyed 357 CFOs, investor-relations professionals and other executives at public companies in 2021. ...more
Rep. Rick Crawford Highlights Truck Parking, Highway Safety
Rep. Rick Crawford at a past hearing. (Al Drago/Bloomberg News) The chairman of a House ...more
Boeing CEO Warns of Prolonged Supply Chain Constraints
Boeing CEO Dave Calhoun in Doha on May 23. (Christopher Pike/Bloomberg News) Boeing Co. cautioned ...more
Trump Insists Plan for Higher Tariffs Will Move Ahead
Asked about the possibility of granting another 90-day pause, Trump cast that scenario as “unlikely." ...more
This week, a California truck driver was sentenced to federal prison for attempting to transport a ...more
Kentucky State Police (KSP) troopers are investigating a fatal officer-involved shooting that occurred near an ...more
Ports Post Cargo Growth in March, but Possible Slowdown Looms
Trucks leave the Port of Los Angeles. The Port of LA processed 778,406 20-foot equivalent ...more