Key data on revenue and freight assets for the 50 largest global freight carriers.
Economic indicators suggest the trucking industry could be poised for growth in 2021, after the coronavirus pandemic caused a topsy-turvy year in 2020 marked by unpredictable demand and continued uncertainty in the driver pool.
Truck tonnage in October declined a seasonally adjusted 8.7% when compared with year-ago levels, American Trucking Associations said Nov. 24.
UPS Inc. has set up its own dry ice production and will provide portable, super-cold freezers to its health care customers as the courier prepares for the massive rollout of COVID-19 vaccines.
Strehl purchased the assets of the semi-trailer tail-end drag reduction systems maker Rocketail, the company announced Nov. 23.
Used Class 8 trucks in October notched the first monthly year-over-year increase in average price after 17 such declines, ACT Research reported. It expects the gains to continue into next year.
With major truck manufacturers pushing into factory-built electric vehicles, 2021 is poised to be the year for the technology to transition from pilot testing to commercialization.
BYD provides its Lithium Iron Phosphate (LFP) batteries for medium and heavy duty electric trucks. LFP batteries have proven to be the safest, longest lasting and highest reliability battery systems.Sponsored Content
Oil reclaimed heights not seen since the pandemic shocked markets in the spring, with the start of the U.S. presidential transition and improved vaccine prospects infusing optimism across markets.
Photos of the transportation of the U.S. Capitol Christmas Tree out of the Grand Mesa, Uncompahgre and Gunnison National Forests in Colorado.
Despite pandemic challenges, the companies ranked on the Transport Topics 2020 Top 50 Global Freight Carriers list have adjusted their operations to keep pace with ever-changing market conditions.
Top 100/ Top 50
Goods are pouring into ports, being delivered by trucks to warehouses and e-commerce locations, and retailers are restocking their shelves as the holiday shopping season gets into full swing. It’s also a major reason why trucking continues to outperform the overall U.S. economy.
National Tank Truck Carriers and American Trucking Associations have petitioned federal hazardous materials regulators to “without delay” develop a rulemaking that would allow motor carriers to use and accept electronic shipping papers and certifications for hazmat shipments.