04 Jun Trucking-Related Companies Find It Difficult to Identify 'Conflict Minerals' in Supply Chains It has been more than six years since America’s public companies began searching for African “conflict minerals” throughout their supply chains, and it remains difficult for trucking-related companies to know if some of their products are being made using tantalum, tin, tungsten or gold, or “3TG,” mined and refined in Congo and nine of its neighbor countries. Read more...
04 Jun Transplace Acquires Parcel TMS Provider ScanData Transplace acquired parcel transportation management solutions provider ScanData Systems. Read more...
04 Jun Cristobal Expected to Regain Strength After Storm’s Pass Over Mexico The hills of the Yucatan Peninsula sapped Tropical Storm Cristobal of some of its power on June 4, but forecasters warn it will likely gain strength as it heads north across the Gulf of Mexico to the U.S coast, where it could bring downpours, high winds and rough surf. Read more...
04 Jun US Jobless Claims Slow While Underscoring Persistent Weakness As business reopenings picked up nationwide, Americans filed nearly 2 million applications for unemployment benefits last week, reflecting a slowing — though far from a halt — in job losses. Read more...
04 Jun Class 8 Orders in May Begin New Cycle’s Slow Upturn North American Class 8 orders in May fell below 7,000, ACT Research reported, an uptick from April’s historic low as industry analysts said progress will be slow as long as COVID-19 remains a major concern. Read more...
03 Jun ATA Chairman Randy Guillot Presses Congress for Infrastructure Funding Investments in infrastructure projects would help states recover economically from the COVID-19 pandemic, the chairman of American Trucking Associations, Randy Guillot, told senators June 3. Read more...
03 Jun Nikola Goes Public; Class 8 Battery-Electric Vehicle Due in 2021 VectoIQ Acquisition Corp.’s stockholders on June 2 voted in favor of the previously announced business combination with Nikola Corp., a startup manufacturer of zero-emission heavy-duty trucks. Read more...
03 Jun DAT Acquires Freight Intelligence Business From Chainalytics DAT Solutions has reached a deal to acquire the Freight Market Intelligence Consortium, a subscription-based benchmarking and analysis service, DAT announced June 1. Read more...
03 Jun Trump Administration Moves to Block Chinese Airlines From US The Trump administration moved June 3 to block Chinese airlines from flying to the U.S. in an escalation of trade and travel tensions between the countries. Read more...
03 Jun Number of Electric Commercial Vehicle Offerings Surge, Calstart Says North America is experiencing a surge in zero-emission commercial vehicle offerings, according to research from Calstart, a clean transportation accelerator. Read more...