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Business, Technology, Logistics, Autonomous, Top 100, TCA

UPS Orders Electric Aircraft to Transport Cargo Between Facilities

An artist rendering of a UPS electric Vertical Takeoff and Landing aircraft. An artist rendering of an electric Vertical Takeoff and Landing aircraft. (UPS Inc.)

UPS Inc. is ordering 10 electric aircraft that are designed to take off and land like a helicopter, allowing it to fly cargo directly between its facilities in small markets and bypass airports.

Kelly Yamanouchi | The Atlanta Journal-Constitution
April 7, 2021
Business, Technology, Fuel, Autonomous

Nikola Loses EVP Heading Fuel Cell Development

The Nikola Two and former executive vice president Jesse Schneider Nikola Two by Nikola Corp.; inset of Jesse Schneider via LinkedIn

Nikola Corp., the troubled hydrogen-powered and battery-electric truck startup, lost a key member of its executive team with the departure of the former head of its fuel cell development program.

Ed Ludlow | Bloomberg News
April 7, 2021
Business, Logistics

Commodity Shipping Rates Surge; Rally Isn’t Over

Containership A containership at the Port of Savannah, Ga. (Peggy Smith/Transport Topics)

For a glimpse of how quickly and unevenly economies are recovering from the pandemic, look no further than the market for shipping raw materials.

April 7, 2021
Business, Equipment, Fuel

Shell to Make First Profit From Oil Output Since Pandemic

Shell Daniel Acker/Bloomberg News

Royal Dutch Shell Plc expects to make its first profit from pumping oil since the start of the pandemic, the petroleum giant said.

Laura Hurst | Bloomberg News
April 7, 2021
Business, Technology, Equipment

Haldex Reports Positive 2021 Outlook, Taps New CEO

Haldex truck Haldex

Haldex said in its recently released annual report that the outlook for 2021 is positive as it continues its role as a global supplier of brake products and air suspension systems for heavy-duty trucks and trailers.

Roger Gilroy | Senior Reporter
April 7, 2021
Business, Logistics, Top 50

XPO Logistics Announces Hiring Plans, Taps CFO for Spinoff GXO

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

XPO Logistics plans to fill more than 1,400 positions to meet growing demand in its less-than-truckload business.

Connor D. Wolf | Staff Reporter
April 7, 2021
Government, Business

DeFazio Touts Benefits of Infrastructure Plan

Peter DeFazio Rep. Peter DeFazio is expected to kick off debate on surface transportation policy in the coming weeks. (House Transportation & Infrastructure Committee)

President Joe Biden’s $2.25 trillion infrastructure proposal would address environmental concerns and enhance the business landscape nationwide, said the top transportation policymaker in the U.S. House of Representatives.

Eugene Mulero | Senior Reporter
April 6, 2021
Government, Business, Fuel

US Forecasts Highest Summer Fuel Prices Since 2018

Traffic on I-80 in Emeryville, Calif., last November. (David Paul Morris/Bloomberg News) Traffic on I-80 in Emeryville, Calif., last November. (David Paul Morris/Bloomberg News)

Drivers eager to get back on the road more than a year into the pandemic will face the highest summer gasoline prices since 2018, according to a U.S. government report.

Andres Guerra Luz | Bloomberg News
April 6, 2021
Business, Technology, Equipment, Fuel

NACFE to Monitor Downtime in Run on Less — Electric

Freightliner eCascadia A Freightliner eCascadia at the 2019 North America Commercial Vehicle Show. Schneider is testing the model through 2021. (John Sommers II for Transport Topics)

As the North American Council for Freight Efficiency prepares for its Run on Less — Electric demonstration in September, it expects vehicle downtime likely to be a factor and something to chart.

Roger Gilroy | Senior Reporter
April 6, 2021
Business, Fuel

GM to Build Electric Pickup at Detroit Plant

A sign outside the GM Detroit-Hamtramck plant. (Anthony Lanzilote/Bloomberg News) A sign outside GM's Detroit-Hamtramck plant. (Anthony Lanzilote/Bloomberg News)

General Motors Co. is about to enter the electric-pickup battle, announcing April 6 that it will build a battery-powered Chevrolet Silverado model at its Detroit-Hamtramck plant.

David Welch | Bloomberg News
April 6, 2021