10 Aug Trucking Industry Legend Frank Beelman Jr. Dies at 100 Frank Beelman Jr., a trucking executive and military combat veteran decorated with the Silver Star Medal, died Aug. 4 in his hometown of St. Libory, Ill. Read more...
10 Aug Nikola Adds Alta Equipment Group to Dealer Network Nikola Corp. announced it added Alta Equipment Group to its emerging dealer network for its heavy-duty battery-electric and hydrogen fuel cell trucks, which are under development. Read more...
10 Aug Industry Applauds Senate Passage of $1 Trillion Bill to Modernize US Transportation Legislation aimed at modernizing the country’s mobility networks, freight corridors and transit systems gained approval in the U.S. Senate on Aug. 10. Read more...
10 Aug Productivity Rose Less Than Forecast in Q2 Productivity in the U.S. took a step back in the second quarter, indicating an easing in the rapid pace of efficiency gains seen in the prior three months. Read more...
10 Aug California Trucking Association Takes AB 5 Case to Supreme Court The California Trucking Association filed a petition asking the U.S. Supreme Court to review a state independent contractor law that it argued should be exempt from enforcement for motor carriers based on federal pre-emption. Read more...
10 Aug Big Win for $1 Trillion Infrastructure Bill With Senate Passage With a robust vote after weeks of fits and starts, the Senate approved a $1 trillion bipartisan infrastructure plan Aug. 10, a rare coalition of Democrats and Republicans joining to overcome skeptics and deliver a cornerstone of President Joe Biden’s agenda. Read more...
10 Aug Lightning Soars on Deal With Buffett-Backed Bus Maker Lightning eMotors Inc. shares surged after the company that electrifies commercial vehicles announced a strategic partnership with a Berkshire Hathaway Inc.-backed bus maker. Read more...
10 Aug Railroad Bidding War Back On: CP Ups Bid for KCS NEW YORK — Canadian Pacific has upped its offer for Kansas City Southern to approximately $31 billion, potentially reigniting a bidding war with rival railroad Canadian National. Read more...
09 Aug Diesel Dips 0.3¢ to $3.364 a Gallon The national average price for a gallon of diesel dipped three-tenths of a cent to $3.364, according to Energy Information Administration data released Aug. 9. Read more...
09 Aug Permian Basin Gets Vote of Confidence With Infrastructure Plan The region at the heart of the once-booming U.S. shale industry is signaling confidence in a nascent recovery after the pandemic crushed demand and curtailed oil and gas drilling. Read more...