Lightweight aluminum has chipped away at steel’s use in vehicles as fuel efficiency standards have risen. Now steelmakers are fighting back. Their newest alloy could make its way to carmakers by 2021, with some available as early as next year, said Eric Petersen, vice president for research and innovation at AK Steel Holding Corp.
October 18, 2018Business
Business, Technology, Logistics
Each package zooms through a tunnel with multiple cameras that scan a bar code on each side of the box. (Dan Ronan/Transport Topics)
UPS’ New Automated Sorting Facility in Atlanta Is Up and Running
Each package zooms through a tunnel with multiple cameras that scan a bar code on each side of the box. (Dan Ronan/Transport Topics)
ATLANTA — UPS Inc. is looking to the future with its new Southeast Metro Automated Routing Terminal. About the size of 19 football fields, the automated facility can be expanded to increase the 1,700 packages a minute it is able to process now.
October 18, 2018Government, Business, Technology, Autonomous
Podcast Debut: ‘RoadSigns’ Tackles Autonomous
Welcome to the inaugural episode of Transport Topics' new podcast: RoadSigns. Our debut episode focuses on how the trucking industry’s steady and ongoing development of autonomous technology may someday affect truck drivers. Click to listen!
June 11, 2018
Business, Logistics, TCA
Steve Helber/associated Press
Second FedEx Ground Station Opens in Oklahoma City
Steve Helber/associated Press
FedEx Corp. has operated one 180,000-square-foot shipping station in Oklahoma City since 2006, and on Oct. 16 it celebrated the grand opening of a 270,000-square-foot shipping facility in north Oklahoma City to more than double its warehouse space in the area.
October 17, 2018
Business, Top 100
John Sommers II for Transport Topics
Marten Transport Posts Record Results in Third Quarter
John Sommers II for Transport Topics
Marten Transport Ltd. reported its best quarterly operating results ever, among the first of what is expected to be a string of bullish financial reports from trucking companies in the third quarter.
October 17, 2018
Business, Top 100
Heartland Express Inc.
Heartland Express Returns to Historical Levels of Profitability
Heartland Express Inc.
Heartland Express Inc. is getting back to its old self. The North Liberty, Iowa-based truckload carrier has been battling to restore its historically rich profit margins after the acquisition of Interstate Distributor Co. in July 2017.
October 17, 2018
Business, Technology
Ryan Rogers (left) and Will Brewer talk in the body shop at Covenant Transport. (Covenant Transport Services)
Freight-Related Startups, Tech Firms Continue to Attract Investment
Ryan Rogers (left) and Will Brewer talk in the body shop at Covenant Transport. (Covenant Transport Services)
Interest in freight-related startups and technology continues to grow, as evidenced by several recent investment deals as well as a first-of-its-kind Founders Camp whereby representatives from 20 startup firms met with trucking executives and shippers in Chattanooga, Tenn., to exchange ideas for new products and services.
October 17, 2018
Business, Technology, Autonomous
Tesla CEO, Elon Musk. (Marcio Jose Sanchez/Associated Press)
Tesla Secures Land in Shanghai for First Foreign Factory
Tesla CEO, Elon Musk. (Marcio Jose Sanchez/Associated Press)
BEIJING — Electric auto brand Tesla Inc. said it signed an agreement Oct. 17 to secure land in Shanghai for its first factory outside the United States, pushing ahead with development despite mounting U.S.-Chinese trade tensions.
October 17, 2018
Government, Business, Technology
Desktop rendering of the FreightRover platform. (FreightRover)
FreightRover Gets Backing to Launch Freight Payment Service
Desktop rendering of the FreightRover platform. (FreightRover)
FreightRover, a company launched a year ago by a former top executive at Celadon Group to provide technology to automate vendor payments, has secured a financing facility of up to $500 million from Crayhill Capital Management and other investors to support a new business that will offer trade finance and freight factoring services.
October 17, 2018
Government, Business
David Zalubowski/Associated Press
Housing Starts Sank 5.3% in September
David Zalubowski/Associated Press
WASHINGTON — U.S. home construction fell 5.3% in September, a sign that recent hurricanes and rising mortgage rates may be weighing on the market.
October 17, 2018
Business, Technology, Equipment
John Sommers II for Transport Topics
Volvo: ‘Not Clear’ How Many North American Vehicles Are Affected by Component Issue
John Sommers II for Transport Topics
Volvo Group said it could not yet determine the impact of a faulty component on its North American trucks as it was still evaluating the scope of the problem.
October 17, 2018Pages
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