DOT Grant Program Focuses on Commercial Ports
The U.S. Department of Transportation announced grants for ports and supply chain corridors as part of the White House’s strategy for advancing a zero-emission freight landscape.
April 24, 2024TT Podcasts: RoadSigns
Check out Transport Topics' updated Top 100 list of the largest logistics companies in North America, and explore how the industry's top players have adapted to a tough freight market and are preparing for the future.
Forward Air Hires Ex-Ceva Logistics Executive Stewart as CEO
Shawn Stewart is set to join Forward Air as CEO, effective April 28, the carrier said April 23. He also will join the asset-light transportation services group’s board of directors.
April 24, 2024ODFL Reports Q1 Revenue and Earnings Growth
Old Dominion Freight Line experienced growth in revenue and earnings for the first quarter of 2024, the company reported April 24.
April 24, 2024Biden Makes $11 Billion Push to Beat China at Chip Research
The Biden administration is trying to turn cutting-edge semiconductor research into a more enticing field for Americans.
April 24, 2024Traton Maintains Battery-Electric Decarbonization Focus
Navistar parent company Traton is standing firm in its belief that battery-electric trucks are the best alternative for trucking fleets looking to decarbonize their operations.
April 24, 2024Norfolk Southern Reports Lower Earnings After Settlement
Norfolk Southern’s first-quarter earnings report gave the railroad the opportunity to publicly defend CEO Alan Shaw’s strategy again before investors decide on May 9 whether to back him.
April 24, 2024Biden Advances Plan to Make Freight Shipping Carbon-Free
The Biden administration is laying out more of its vision for decarbonizing the freight industry, including plans for standardizing charging infrastructure for electric trucks.
April 24, 2024Buttigieg Announces Infrastructure Funds
Assuring the country about the Biden administration’s efforts to improve connectivity along mobility corridors is atop Secretary Pete Buttigieg’s spring agenda.
April 24, 2024Tesla to Cut More Than 6,000 Jobs in Texas, California
Tesla Inc. plans to cut more than 6,000 jobs across Texas and California as part of CEO Elon Musk’s demand to slash more than 10% of the global workforce.
April 23, 2024Lower Used Truck Prices, Weak Rental Market Hurt Ryder Profits
Ryder's profits fell in the first quarter on sharply lower used tractor and truck prices and weak rental market conditions, the company said April 23, but saw a boost from recent acquisitions.
April 23, 2024