30 Jun Perspective: Promoting Inclusiveness Is Every Trucking Leader's Responsibility Today’s young people want to live and work in diverse and inclusive communities, and are looking for companies that share that vision. U.S. Xpress President Eric Fuller says he can address these issues within his company, but it is the responsibility of all trucking leaders to look out for the industry. Read more...
30 Jun DOT Announces $905 Million in INFRA Grant Awards U.S. Department of Transportation Secretary Pete Buttigieg announced June 30 that the agency plans to award $905 million in grants through the Infrastructure for Rebuilding America program. Read more...
30 Jun DP World Nears $1.2 Billion Deal for Logistics Firm Syncreon DP World is nearing an acquisition of Syncreon Holdings Ltd. in a deal that could value the U.S. supply chain services company at about $1.2 billion, according to people familiar with the matter. Read more...
30 Jun Rand McNally Names Aaron Dannenbring as CEO Rand McNally has appointed Aaron Dannenbring as its new CEO, the transportation technology company announced June 30. Read more...
30 Jun Mack to Sell LR Electric Refuse Trucks to DSNY Mack Trucks announced the New York City Department of Sanitation plans to purchase seven Mack LR Electric refuse models, which will operate in each of the city’s boroughs. Read more...
30 Jun White House Sets Red Line Around Climate Goals in Reconciliation Major climate measures sought by the White House that were left on the cutting room floor during infrastructure negotiations with Republicans will be non-negotiable items as the administration sets its sights on the next legislative vehicle, a White House official said June 30. Read more...
30 Jun As Car-Lot Inventories Dwindle, Sales Take a Turn for the Worse A year ago, Ford Motor Co. dealer Rhett Ricart had a lot full of cars and hardly any customers. This year, he has a lot full of customers and hardly any cars. Read more...
30 Jun Navistar, Traton SE Merger Set to Take Effect Navistar International Corp. announced it received all regulatory approvals necessary to proceed with the previously announced merger with Dusk Inc., a wholly owned indirect subsidiary of Traton SE. The closing date is expected to be July 1. Read more...
30 Jun Workhorse Says It Didn’t Get a Fair Shot at USPS Van Award The U.S. Postal Service didn’t give Workhorse Group Inc. a fair shot at a contract worth as much as $6 billion to build mail delivery vans, the maker of electric vehicles said in its challenge of the service’s decision to award the work to Oshkosh Corp. Read more...
30 Jun Cummins to Acquire 50% of Momentum Fuel Technologies Engine maker Cummins Inc. announced it signed a letter of intent to acquire a 50% equity interest in Momentum Fuel Technologies, a provider of compressed natural gas fuel systems, from truck dealership Rush Enterprises Inc. Read more...