Government, Business, Safety, Logistics, Breaking News

February Tonnage Takes Winter Weather Hit

Texas Traffic in Midland, Texas, during the freeze. (Matthew Busch/Bloomberg News)

Severe winter weather took a toll on truck tonnage in February, according to American Trucking Associations.

Dan Ronan | Associate News Editor
March 23, 2021
Business, Breaking News

CP Rail Agrees to Buy Kansas City Southern for $25 Billion

 A Canadian Pacific train transporting oil leaves Hardisty, Alberta. (Bloomberg News) A Canadian Pacific train transporting oil leaves Hardisty, Alberta. (Bloomberg News)

Canadian Pacific Railway Ltd. agreed to buy Kansas City Southern for $25 billion, seeking to create a 20,000-mile rail network linking the U.S., Mexico and Canada in the first year of those nations’ new trade alliance.

Dan Ronan | Associate News Editor
March 21, 2021
Business, Logistics, Breaking News, Top 50

XPO Sets GXO Logistics as Name of New Spinoff Company

XPO GXO via YouTube (left) and XPO Logistics via YouTube

XPO Logistics has selected GXO Logistics as the name of the stand-alone logistics company that it will spin off from its larger operation later this year.

Joe Howard | Executive Editor
March 18, 2021
Government, Business, Breaking News

Congress OKs $1.9 Trillion COVID Relief Bill

President Biden signs the $1.9 trillion COVID-19 relief bill President Joe Biden signs the $1.9 trillion COVID-19 relief bill on March 11. (Doug Mills/New York Times via Bloomberg News)

WASHINGTON — The United States Congress has approved a landmark $1.9 trillion COVID-19 relief bill that takes aim at twin pandemic and economic crises that have upended the nation for the better part of a year. The package, which includes funding for transportation corridors, was signed into law by President Joe Biden on March 11.

Alan Fram | Associated Press
March 10, 2021
Business, Equipment, Breaking News

February Class 8 Sales Flat at 15,369

Freightliner Market leader Freightliner posted a 6.9% gain on sales of 6,247. (John Sommers II for Transport Topics)

U.S. Class 8 retail sales in February were 0.6% lower compared with a year earlier, coming in at 15,369, WardsAuto .com reported.

Roger Gilroy | Senior Reporter
March 10, 2021
Government, Business, Safety, Breaking News

Top Bottlenecks Less Congested Last Year, but Infrastructure Needs Persist, ATRI Finds

Brent Spence Bridge The No. 2 I-71/I-75 interchange in Cincinnati leads to the Brent Spence Bridge. (Completed Brent Spence Bridge project by Kentucky Transportation Cabinet via YouTube)

Trucks moved more swiftly last year through sections of road that historically are choked with congestion, as the coronavirus pandemic kept vehicles off the road and freed up highways for easier movement of freight, the American Transportation Research Institute said.

Dan Ronan | Associate News Editor
February 24, 2021
Government, Business, Equipment, Fuel, Breaking News

Tonnage Dips 2.1% Year-Over-Year in January

Trucks on highway John Sommers II for Transport Topics

January truck tonnage fell 2.1% compared with year-ago levels, but ticked up 1.4% over December 2020 — a continuation of several months’ worth of sequential gains, American Trucking Associations announced.

Dan Ronan | Associate News Editor
February 23, 2021
Business, Equipment, Breaking News

John O’Leary to Succeed Roger Nielsen as CEO of DTNA

John O'Leary and Roger Nielsen John O’Leary (left) follows Roger Nielsen, who retires after 35 years at Daimler Trucks North America, the last four years as its president and CEO. (DTNA)

Daimler Truck AG announced it appointed John O’Leary as the next president and CEO of Daimler Trucks North America, the leading truck maker in North America, effective April 1.

February 16, 2021
Business, Equipment, Breaking News

Class 8 Retail Sales Rise 7.7% in January

Freightliner Cascadia A Freightliner Cascadia. Daimler Trucks North America had a leading 45.7% market share for its Freightliner and Western Star brands. (Daimler AG)

Class 8 U.S. retail sales in January improved 7.7% compared with a year earlier, reaching 16,844 compared with 15,645 in 2020, WardsAuto .com reported.

Roger Gilroy | Senior Reporter
February 10, 2021
Government, Business, Breaking News

Amazon CEO Jeff Bezos to Step Down in Q3

Bezos Bezos (Andrew Harrer/Bloomberg News)

Amazon.com founder Jeff Bezos will step down as the online giant’s CEO but will stay on as executive chairman, the company announced Feb. 2.

Dan Ronan | Associate News Editor
February 2, 2021

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