Jerry Hirsch
Hyundai Readies Fuel Cell Truck for US Market
Hyundai plans to enter the U.S. truck market with its XCIENT fuel cell truck. (Hyundai)
Hyundai Motor Co. said it would expand its fuel cell truck sales efforts to the U.S. and China and significantly increase production over the coming year.
October 7, 2020Private Carriers Have Adjusted Their Operations for the Long Haul
Food distributors such as Sysco have quickly adjusted to shifting demand during the pandemic. (Luke Sharrett/Bloomberg News)
Our 2020 Top 100 Private Carriers list shows that the COVID-19 pandemic is reshaping private carriers in ways that will last long after the novel coronavirus subsides.
August 29, 2020Bollinger Plans All-Electric Delivery Van
Bollinger Motors
Bollinger Motors, a startup already developing an electric pickup truck and large SUV, plans to go into the commercial vehicle business.
August 28, 2020Waymo Tests Autonomous Trucks in Texas
Waymo has begun testing Peterbilt trucks equipped with self-driving technology in Texas. (Waymo)
Waymo launched testing of autonomous trucks in Texas and announced plans to make Dallas the center of its heavy-duty vehicle technology efforts.
August 27, 2020Xos Trucks Secures $20 Million in New Funding Round
Xos Trucks co-founder and CEO Dakota Semler (left) and co-founder and chief operating officer Giordano Sordoni. (Xos Trucks Inc.)
Fledgling electric vehicle developer Xos Trucks Inc. completed a new round of financing, raising $20 million from a group of investors.
August 18, 2020YRC Posts Q2 Declines
YRC Freight
Losses at YRC Worldwide Inc. widened in the second quarter amid the economic fallout of the COVID-19 pandemic, but the company said federal loans it received under coronavirus relief efforts will help position it to emerge healthier from the downturn.
August 4, 2020XPO Reports Net Loss in Q2; Revenue Slides
XPO Logistics said second-quarter revenue fell 17.4% to $3.5 billion from $4.2 billion for the same period in 2019. (XPO Logistics)
XPO Logistics swung to a loss as revenue declined sharply in the second quarter because of the COVID-19 pandemic.
July 30, 2020Old Dominion Profit, Revenue Fall in Q2
Old Dominion Freight Line
Old Dominion Freight Line Inc.’s profit and revenue fell in the second quarter as freight demand dropped because of the COVID-19 pandemic recession.
July 30, 2020Saia Posts Decrease in Q2 Profit, Revenue
A Saia truck travels on Interstate 65 in Kentucky. (John Sommers II for Transport Topics)
Profit and revenue declined during the second quarter at Saia Inc. as the company dealt with the economic effects of the COVID-19 pandemic.
July 29, 2020C.H. Robinson Profit, Revenue Fall in Q2 Over COVID-19 Impact
C.H. Robinson Worldwide
C.H. Robinson Worldwide experienced a drop in second-quarter profit and a smaller dip in revenue as it dealt with the economic effects of the COVID-19 pandemic.
July 28, 2020