Industry News

• Get More Bang for Your Buck April 29, 2024
  Did you know truck drivers listen to SiriusXM an average 55+ hours each week? The SiriusXM Fleet Program keeps your drivers informed, engaged, and entertained along every mile. Our 150+ channels of ad-free music, as well as sports, news, talk…
• AI Revolutionizes 3PL: Saves Time, Gains Margin April 29, 2024
  The shipping and supply chain industry, a linchpin of global commerce, has long wrestled with outdated and error-prone data handling processes. Traditionally, businesses have relied on tedious manual processes, accepting them as a necessary cost of operations.  The boom of AI has opened the door to innovate workflows that are custom-tailored fixes. 
• DTNA, UAW Ink Tentative Labor Deal for Freightliner Plants April 27, 2024
  Daimler Truck North America inked a tentative four-year labor agreement with the UAW on April 26, hours before the prior deal at Freightliner manufacturing sites in the U.S. was set to expire.
• Labor Deal Signing Bonuses Dampen Record Allison Sales April 26, 2024
  Signing bonuses linked to a labor contract ratified by United Auto Workers members in January hurt profits at Allison Transmission Holdings in the first quarter of 2024.
• TFI Profit Falls 17.1% on ‘Worse Than Expected’ Market April 26, 2024
  Profits at TFI International fell 17.1% year-over-year in the first quarter of 2024 on the back of what CEO Alain Bédard said was a particularly weak freight environment.
• Universal Logistics Reports 12.5% Revenue Boost for Q1 April 26, 2024
  Universal Logistics Holdings well surpassed expectations with both revenue and earnings increasing year-over-year during the first quarter of 2024, the company reported.
• Commercial Hydrogen Fueling Station to Open in California April 26, 2024
  OAKLAND, Calif. — FirstElement Fuel will open what it is calling the world’s first heavy-duty high-flow hydrogen fueling facility to the public in May. 
• BNSF Signs On to Federal Safety Hotline for Some Workers April 26, 2024
  OMAHA, Neb. — BNSF will become the second major freight railroad to allow some of its employees to report safety concerns anonymously through a federal system without fear of discipline.
• NHTSA Investigates Whether Tesla Autopilot Recall Did Enough April 26, 2024
  DETROIT— The U.S. government’s auto safety agency is investigating whether last year’s recall of Tesla’s Autopilot driving system did enough to make sure drivers pay attention to the road.
• Exxon, Chevron Fall as First-Quarter Earnings Miss Estimates April 26, 2024
  Exxon Mobil and Chevron declined after disappointing first-quarter performances despite posting strong production gains in marquee oil projects in Guyana and the Permian Basin.
• Intermodal Chassis Manufacturers Pull Back on Output April 25, 2024
  Intermodal chassis manufacturers are scaling back production as a result of weak demand as well as a supply overhang, company executives said.
• Buttigieg to Defend Fiscal 2025 Budget in Congress April 25, 2024
  The nation’s top transportation officer will defend the White House’s fiscal 2025 funding request for his department when he appears before congressional funding panels.
• Top 100 For-Hire Carriers: How to Get on the List April 25, 2024
  Find out how your trucking business stacks up by submitting data for the 2024 Transport Topics Top 100 For-Hire Carriers publication.
• Truck, Trailer Reefer Weakness Hurts Carrier Global Profits April 25, 2024
  Carrier Global profits dropped in the first quarter of 2024, with results hurt by weaker North American truck and trailer refrigeration sales, the company said April 25.
• Liquid Hydrogen Fast-Fill Pumps Promise Speedy Fueling Times April 25, 2024
  OAKLAND, Calif. — Hydrogen fuel cell technology holds significant promise for over-the-road trucking applications, but refueling with hydrogen can be complex, experts said at an event.