06 Jan For First Time in Five Years, US Gas Mileage Down, Emissions Up A new government report says gas mileage for new vehicles dropped and pollution increased in model year 2019 for the first time in five years. Read more...
06 Jan Amware CEO Outlines Moulton Logistics Acquisition Amware Fulfillment CEO Harry Drajpuch detailed Jan. 5 how the recent acquisition of Moulton Logistics helps bolster ongoing growth strategies. Read more...
06 Jan Tesla’s Elon Musk Now World’s Richest Person Elon Musk, the outspoken entrepreneur behind Tesla Inc. and SpaceX, is now the richest person on the planet. Read more...
06 Jan US Imports No Saudi Crude Oil for First Time in 35 Years The U.S. didn’t import any Saudi crude the week of Dec. 28 for the first time in 35 years, a reversal from just months ago when the Kingdom threatened to upend the American energy industry by unleashing a tsunami of exports into a market decimated by the pandemic. Read more...
06 Jan Maine Lawmakers Petition FMCSA Regarding Lobster Transport In an effort to ease the commercial transport of lobster, a group of Maine lawmakers submitted a request to federal government officials asking to clarify the definition of “livestock” in a recently issued interim final rule. Read more...
06 Jan Autonomous Startup Used by Mining Trucks Raises $47 Million Oxbotica, a U.K. company that makes software for running autonomous vehicles, has raised $47 million in a fresh funding round that will go toward developing and deploying its products. Read more...
06 Jan Maersk Says Record Shipping Rates Unlikely to Have Peaked Yet A.P. Moller-Maersk A/S, the world’s largest container carrier, is working at full capacity and can’t yet see a peak in freight rates that have already been propelled to record highs by pandemic consumer spending. Read more...
06 Jan Industry Comments Support FHWA Proposal on Infrastructure Design Standards Public comments submitted to the Federal Highway Administration regarding a recent proposal that would allow more flexibility with design standards when repairing highways and interstates reflect an overwhelming show of support from industry groups and transportation agencies. Read more...
06 Jan Clarience Technologies Acquires Ecco Safety Group Clarience Technologies announced it acquired Ecco Safety Group, which has nearly 50 years of experience in research, design, development, manufacturing and distribution of emergency lighting and audible warning equipment for commercial and emergency vehicles for global markets. Read more...
05 Jan Bison Transport Sold to Canada’s James Richardson & Sons Bison Transport Inc., one of North America’s largest diversified fleets that has been in an expansion mode over the past few years, announced it was acquired by privately held James Richardson & Sons for an undisclosed amount, effective Jan. 1. Read more...