03 May Canadian National to Buy 350 Center Beam Railcars Canadian National Railway plans to purchase 350 73-foot center beam railcars to meet the growing demand for transporting lumber products, the Montreal-based railroad announced May 2. Read more...
03 May Lyft to Put Fleet of Driverless BMWs to Work in Las Vegas A fleet of 30 driverless BMW 5 Series vehicles are about to hit the streets of Las Vegas. Read more...
03 May Anheuser-Busch Orders 800 Nikola Hydrogen-Electric Trucks Anheuser-Busch announced it has placed an order for up to 800 hydrogen-electric powered heavy-duty trucks from Nikola Motor Co. as the beverage company moves to convert its entire longhaul dedicated fleet to renewable-energy powered trucks by 2025 — underscoring how trucks can support broader corporate sustainability goals. Read more...
02 May Editorial: A Relevant Conversation The term “relevant” is used frequently to describe industries, products and services, and whether the subjects of those discussions have any relevance to modern society can cause fiery debate. Read more...
02 May Profit, Revenue Grow at XPO as It Invests in Tech XPO Logistics Inc. reported on May 2 that its first-quarter results vaulted more than 100%, stemming from the heightened demand from domestic freight and last-mile delivery. Read more...
02 May Tech Vendors Offer Help to Reduce Driver Delays CINCINNATI — Tight capacity and new electronic logging requirements are forcing shippers to explore new ways to minimize detention time for truck drivers, but technology suppliers attending the National Private Truck Council’s annual Education Management Conference and Exhibition here are ready to help. Read more...
02 May Fed Leaves Interest Rates Unchanged Federal Reserve officials left interest rates unchanged, acknowledging inflation is close to target without indicating any intention to veer from their gradual path of interest-rate increases. Read more...
02 May NACFE Issues Guidance Report on Battery-Electric Trucks LONG BEACH, Calif. — The North American Council for Freight Efficiency issued its first guidance report that details the impact on the commercial-vehicle sector of battery-electric trucks — an emerging technology that is prompting interest, investments and questions. Read more...
02 May German Electric Carmakers Pose Threat to Tesla Major German carmakers are rolling out stylish, sporty electric vehicles in the mold of Tesla's Models S, X and 3. Unlike Tesla, they have roughly a century of experience launching models every few months and can spread development costs across a broad portfolio. Read more...
02 May Electrification Finds Its Ground Zero in California LONG BEACH, Calif. — Expanding options for battery-electric technology and hybrid-electric and natural-gas engines are converging alongside efforts to protect forthcoming clear-air regulations, and longtime industry players must be ready to react to this evolving landscape, panelists said here at the Advanced Clean Transportation Expo, held April 30-May 3. Read more...