DETROIT — Tesla Inc. on Jan. 26 posted record fourth-quarter and full-year earnings as deliveries of its electric vehicles soared despite a global shortage of computer chips that has slowed the entire auto industry.
January 26, 2022Latest Articles
Government, Business
Biden Gets CEO Support for Economic Agenda
WASHINGTON — President Joe Biden on Jan. 26 secured the blessing of several business leaders, including Cummins' Tom Linebarger, on his economic agenda that has stalled in the Senate, part of an effort to restart some momentum for the nearly $2 trillion in spending and tax increases that he has...
January 26, 2022
Business, Technology
Ocado Unveils Enhanced Robots in Grocery Delivery Push
Ocado Group Plc has developed new, lower-cost technology that will speed up online grocery deliveries, boosting the company’s prospects as it seeks to license its robotic warehouse systems globally.
January 26, 2022
Business, Logistics, Top 100
Knight-Swift Reports 78.9% Jump in Earnings for Q4
Knight-Swift Transportation Holdings reported a 78.9% jump in earnings Jan. 26 for the fourth quarter of 2021.
January 26, 2022
Business
Daseke Reports Improved Q4 Earnings; Optimism Abounds for 2022
Daseke Inc. on Jan. 25 reported fourth-quarter revenue and net income that exceeded Wall Street analysts’ expectations. The flatbed specialist also set a record for net income in 2021.
January 26, 2022
Government, Technology, Equipment
US House Policymakers Examine Electric Vehicles' Role in Rural Commerce
Transportation policymakers are reviewing the reliability of electric vehicles across the agriculture industry and rural commerce.
January 26, 2022
Business
Transport Topics Radio
Transport Topics Radio is a weekly news roundtable airing Saturdays on SiriusXM channel 146 from 1-3 p.m. ET and rebroadcast Saturday nights from 11 p.m.-1 a.m. ET, and Sundays from noon-2 p.m. ET and 9-11 p.m. ET. Check out this week's lineup.
January 26, 2022
Business, Technology, Fuel, TCA
Ford Program to Give California Winegrowers Electric Pickups
SEBASTOPOL, Calif. — Ford Motor Co. on Jan. 26 announced the launch of a pilot program that will equip winegrowers in Northern California with electric pickup trucks, cargo vans and software services in a bid to boost EV and technology adoption among farmers and other commercial customers.
January 26, 2022
Government, TCA
Young Fan of USPS Gets Own Mini-Mail Truck
All 7-year-old Jacob Hayward wanted for his birthday was to tour the local post office. The young cancer patient got that and much more, thanks to the generosity of his community mail carrier.
January 26, 2022
Government, Business
Merchandise-Trade Deficit Hits Record as Imports Jump
The U.S. merchandise-trade deficit unexpectedly widened in December to a fresh record as imports continued to rise, outpacing shipments overseas.
January 26, 2022
Business, Technology, Fuel
Bentley Pours Billions Into Electric Car Overhaul
LONDON — Bentley Motors is pouring billions into upgrading manufacturing to accelerate its electric vehicle development plan, joining other auto brands shifting away from gasoline engines, the luxury automaker said Jan. 26.
January 26, 2022
Business, Equipment, Safety
Female Drivers Express Concerns About Sharing Cab With Men
Most professional female truck drivers believe their cabs are safe places, but they recommend that motor carriers adopt training policies allowing them the option for a same-gender trainer when involved in on-the-road activities, a new survey shows.
January 26, 2022
Business, Technology, Autonomous
May Mobility Raises $83 Million for AV Shuttle
May Mobility Inc., a self-driving shuttle startup backed by the venture arms of Toyota Motor Corp. and BMW AG, raised $83 million in its largest funding round to date.
January 26, 2022
Business, Logistics, Top 100
Marten Transport Reports Revenue, Earnings Growth for Q4
Marten Transport saw revenue and earnings grow during the fourth quarter of 2021.
January 25, 2022
Business, Logistics
CN Announces New CEO, Strong Q4 Results
Nearly a year after Canadian National Railway began pursuit of an ultimately unsuccessful $33 billion bid to merge with Kansas City Southern, the company will turn to Tracy Robinson, a former executive at one of CN’s rivals, as the railroad’s new president and CEO.
January 25, 2022
Business
FleetPride Acquires Assets of Nationwide Truck Service
FleetPride Inc. announced it acquired the assets of Nationwide Truck Service, a Louisville, Ky., company.
January 25, 2022
Government, Business, Safety, Logistics
Under-21 Driver Pilot Program Raises Carrier Reporting Concerns
While trucking industry trade groups have expressed support for a federal apprenticeship program that will train under-21 drivers to operate tractor-trailers across state lines, concerns are being raised that some of the initiative’s reporting requirements for motor carriers are overly burdensome.
January 25, 2022
Business, Technology
Transfix Adds Byars, Mosso to Executive Growth Team
Digital freight platform Transfix has added Guy Byars and Jennifer Mosso to the company’s executive team. The company announced that Byars will serve as senior vice president of carrier growth and Mosso as president of shipper growth.
January 25, 2022
Government, Business, Logistics
Vaccine Rule Raises Shipping Costs for Canadian Grocer
The head of one of Canada’s largest supermarket chains says the vaccine mandate for truckers crossing the U.S.-Canada border is raising the cost of shipping fresh food. But so far, it has had little impact on the retailer’s ability to stock shelves.
January 25, 2022
Government, Business, Fuel
US Taps Strategic Reserve for 13.4 Million Barrels of Oil
The U.S. Department of Energy announced the loan of 13.4 million barrels of crude oil from its strategic reserve as part of a renewed effort by the Biden administration to contain oil prices that have surged to their highest level since 2014.
January 25, 2022