Snack-food giant Mondelez International’s potential takeover of chocolate maker Hershey Co. would rank as the year’s top M&A deal.
Company specializes in oversized-load and special transport equipment, including semi-lowloaders, flatbed trailers, lowbed trailers and drawbar trailers.
Prime Minister Justin Trudeau said Canada “will respond” if U.S. President-elect Donald Trump imposes new tariffs on Canadian imports.
Almost 600 of the Volvo Group AB unit’s battery-electric straight trucks and tractors are now operational in the U.S. and Canada, collectively driving more than 200,000 miles every week.
Europe’s bid to build a homegrown battery industry to break China’s dominance in electric vehicles is failing.
The existing port — which is five miles away and expanded 27 years ago from the original one built in 1933 — can no longer handle today’s traffic and commercial vehicle inspection demands.
Price of EV Battery Packs Falls Most Since 2017
The average price of lithium-ion battery packs has fallen the most in seven years, a development likely to accelerate price parity between electric vehicles and gasoline-powered cars.
Lion Electric President Nicolas Brunet Resigns
The president of Canadian electric bus and truck manufacturer Lion Electric Co. resigned as the cash-poor company made a last-ditch attempt to stay afloat.
Postal Service Head Says Aging Trucks Need Upgrades
Postmaster General Louis DeJoy said the Postal Service needs to replace aging trucks, and he wasn’t aware of an effort by the incoming presidential administration to cancel plans to buy EVs.
A slump in international trade, geopolitical conflicts and economic uncertainty created a difficult business environment for the largest transportation and logistics providers in 2023.
NASHVILLE, Tenn. — American Trucking Associations Chief Economist Bob Costello on Oct. 14 highlighted how the freight market is set to slowly improve as equipment and demand rebalance.
Key data on revenue and freight assets for the 50 largest global freight companies.
Retail giant Walmart ascends to No. 1 on this updated list of the largest private carriers in North America, ranked by number of tractors in operation.
Annual rankings provide an indispensable overview of the largest for-hire carriers in North America, along with timely analysis of trends shaping the industry.
A unique ranking of the third-party logistics companies in North America includes listings of the largest freight brokerage firms, freight forwarders, warehouse operators and dedicated contract carriage service providers.
Ascend Elements said it will start to market lithium carbonate, a key component in EV batteries, that it has been able to recycle and refine at its Covington, Ga., facility.
FreightVana believes the deal will boost its position in the power-only brokerage segment. Loadsmith provides power-only and standard freight brokerage.
North Carolina Gov. Roy Cooper and other state officials announced a $13.7 million expansion by RXO in its Ballantyne operations to add 216 jobs over the coming years.
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