09 Jul High Demand, Rising Component Costs Put Pressure on Trailer Production Fleets looking to order new box trailers this fall — particularly dry van or refrigerated units — may be in for some sticker shock and a long wait. Read more...
09 Jul Geodis Expands Freight Brokerage Capacity With Velocity Acquisition Geodis has reached an agreement to acquire all assets of Velocity Freight Transport, the supply chain operator announced July 6. Read more...
09 Jul Kansas Details Plans for Six Highway Projects A list of six highway projects announced this week by Gov. Laura Kelly includes three projects to repair and upgrade U.S. 50 in the Harvey County area. Read more...
09 Jul EU Plans Phaseout of Combustion Engine Era The European Union is set to propose a switch to zero-emission vehicles and boost its renewable energy target in an unprecedented push to align its economy with more ambitious climate targets. Read more...
09 Jul Stellantis Says 98% of Models to Be Electric or Hybrid by 2025 Stellantis CEO Carlos Tavares said that by 2025, 98% of its models in Europe and North America will have fully electric or plug-in gas-electric hybrid versions. Read more...
09 Jul Business Groups, Unions Join Together on Infrastructure Plan WASHINGTON — Major business and union groups have formed a new coalition designed to add momentum for a $1.2 trillion infrastructure package that the Senate is expected to take up this month. Read more...
09 Jul Federal Leaders Host Roundtable With Trucking Executives Federal officials met with trucking industry representatives to discuss driver retention and supply chain issues July 8. Read more...
09 Jul Thousands of Railcars Stuck After Canadian Wildfires Thousands of railcars loaded with grain are idled in the Vancouver corridor after Western Canadian wildfires damaged two main lines, while repairs enable a small but rising number to reach the country’s biggest port. Read more...
09 Jul Trucking Operations Continue as Heat Pounds Western States As extreme heat smothers western states, trucking operations are pressing on at a regular pace. Read more...
08 Jul Ford-Backed Argo Chooses Citigroup, JPMorgan to Go Public Argo AI, the self-driving startup backed by Ford Motor Co. and Volkswagen AG, is working with investment bankers as it prepares to go public as soon as this year with a valuation expected to top $7 billion. Read more...