21 Jul Banyan Debuts LTL Freight Pricing App Freight pricing data provider Banyan Technology has launched a real-time data connectivity platform called Insights that is designed to help less-than-truckload carriers balance and maximize capacity on their networks, and also provide measurable savings for shippers, the company said. Read more...
21 Jul Court Denies RIDOT’s Motion for Judgment in Truck Tolling Case The U.S. District Court of Rhode Island has denied the Rhode Island Department of Transportation’s motion for judgment on pleadings related to the state’s hotly contested trucks-only tolling system. Read more...
21 Jul House Lawmakers Push Suspension of 12% Tax on New Trucks A group of lawmakers is calling on House leaders to temporarily suspend an excise tax on new trucks as part of the next phase of COVID-19 stimulus assistance. Read more...
21 Jul Palmer Trucks Announces Indianapolis Expansion Palmer Trucks plans to develop new facilities and hire more workers as it further expands operations in the Indianapolis area, the company announced July 21. Read more...
21 Jul Paccar Posts Q2 Declines in Profit, Revenue Paccar Inc. experienced deep declines in net income and revenue during the second quarter, a result of the economic recession caused by the COVID-19 pandemic. Read more...
21 Jul EU Approves Biggest Green Stimulus in History European governments approved the most ambitious climate change plan to date, agreeing to pour more than €500 billion euros ($559.5 billion) into everything from electric cars to renewable energy and agriculture. Read more...
21 Jul June Tonnage Dips 1.3% Year-Over-Year Truck tonnage in June declined 1.3% when compared with year-ago levels, but on a monthly basis surged 8.7% above May. Read more...
21 Jul Pilot Company Names Jimmy Haslam Chairman, Shameek Konar CEO Effective Jan. 1 Pilot Company announced that CEO Jimmy Haslam will be succeeded in the role by current Chief Strategy Officer Shameek Konar on Jan. 1, 2021, at which point Haslam will become chairman of the board and company founder James Haslam will be named chairman emeritus. Read more...
21 Jul Ford, VW Electric Models May Be Delayed by Trade-Secret Fight Ford Motor Co. and Volkswagen AG warned a swirling legal dispute between two South Korean battery suppliers could threaten their plans to start producing electric vehicles in the U.S. Read more...
21 Jul American Railcar Industries Changes Name to American Industrial Transport Railcar leasing and repair company American Railcar Industries has changed its name to American Industrial Transport, the company announced July 21. Read more...