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Business, Fuel

World’s Biggest Fracker Halliburton Sees Signs of Rebirth as Slump Ebbs

Halliburton signage is displayed alongside storage tanks in Port Fourchon, La. Halliburton signage is displayed alongside storage tanks in Port Fourchon, La. (Luke Sharrett/Bloomberg News)

Halliburton Co. expects the rout in North American shale to peter out after history’s worst crude crash decimated many of its customers.

David Wethe | Bloomberg News
October 19, 2020
Business, Technology, Fuel, Autonomous

Tesla to Start Exporting China-Made Model 3 Cars to Europe

Tesla will begin shipping China-made Model 3s to Europe, the company said. A woman walks past a Tesla car being charged in Beijing, China, in January 2019. (Ng Han Guan/Associated Press)

Tesla Inc. will start exporting Model 3 cars made at its gigafactory on the outskirts of Shanghai to Europe later this month, the automaker said in a statement sent via WeChat.

October 19, 2020
Government, Business, Safety

FMCSA Denies ELD Exemption for Drivers Traveling With Pets

Dog in truck window vitphot/Getty Images

Can truck drivers use paper logs if Fido rides shotgun? No way, federal trucking regulators say.

Eric Miller | Senior Reporter
October 19, 2020
Business, Technology, Fuel

Lightning Systems to Supply Fluid Truck With Electric Rental Trucks

Fluid Trucks Lightning Systems

Lightning Systems, a provider of complete electrification solutions for urban commercial fleets, announced that Fluid Truck placed an order for 600 Lightning electric vehicles that will be made available starting in the fourth quarter.

October 16, 2020
Business, Technology

Proterra Gets $200 Million From Private Equity Firms

Proterra Proterra's Catalyst bus. (Proterra)

Proterra, whose focus is on heavy-duty electric transportation especially for buses, announced a $200 million investment led by Cowen Sustainable Advisors along with supporting investments from Soros Fund Management, Generation Investment Management and Broadscale Group.

October 16, 2020
Business, Logistics

KC Southern Reports Mixed Earnings Amid COVID-19, Gulf Hurricanes

Kansas City Southern Kansas City Southern

The leadership of Kansas City Southern Railroad said on Oct. 16 the Class I railroad saw a 5.3% increase in third-quarter net income to $189.7 million, or $2.01 a diluted share, compared with $180.1 million, or $1.81, in the same period a year ago.

Dan Ronan | Associate News Editor
October 16, 2020
Government, Business, Logistics

DOT Awards $220 Million for Port Infrastructure

Norfolk International Terminals at Port of Virginia Trucks sit at the Norfolk International Terminals at the Port of Virginia. The terminals received $20.1 million to support expansion of the facility’s Central Rail Yard, which will involve the construction of eight tracks. (Port of Virginia)

The U.S. Department of Transportation awarded $220 million in grants to improve port infrastructure, including facilities used by freight vehicles.

Eleanor Lamb | Staff Reporter
October 16, 2020
Business, Technology, Fuel

Shell Adds E-Fluids to Portfolio

Shell sign Jasper Juinen/Bloomberg News

Royal Dutch Shell announced it added Shell E-Fluids to its specialized fluids portfolio to support battery-electric and fuel-cell electric powertrains for commercial light-, medium- and heavy-duty vehicles.

October 16, 2020
Government, Business, Safety

Minnesota DOT Completes International Bridge Replacement

Baudette bridge visualization Visualization of the bridge project. (Minnesota Department of Transportation)

The Minnesota Department of Transportation has completed the $39.3 million replacement of the Baudette/Rainy River International Bridge, which links north-central Minnesota to Ontario.

Eleanor Lamb | Staff Reporter
October 16, 2020
Business, Logistics, Top 50, Top 100

J.B. Hunt Reports Year-Over-Year Rise in Q3 Earnings, Revenue

J.B. Hunt trucks Operating income totaled $175.5 million compared with $167.9 million for the third quarter of 2019. (J.B. Hunt Transport Inc.)

J.B. Hunt Transport Services posted increased earnings and revenue in the third quarter year-over-year, the carrier announced Oct. 16.

Connor D. Wolf | Staff Reporter
October 16, 2020

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