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Ford Beats Sales Estimates on Strong Demand for Work Trucks

Ford Motor Co., rapidly retooling its electric vehicle strategy in a decelerating market for plug-ins, posted first-quarter results that beat expectations on strong sales of work trucks.

Keith Naughton | Bloomberg News
April 24, 2024

New VTNA, Mack Tractors to Leave Plants With HVO in Tank

All Class 8 tractors rolling off VTNA and Mack Trucks production lines are set to depart manufacturing facilities with hydrotreated vegetable oil or renewable diesel in their fuel tanks.

Keiron Greenhalgh | Staff Reporter
April 24, 2024

DOT Grant Program Focuses on Commercial Ports

The U.S. Department of Transportation announced grants for ports and supply chain corridors as part of the White House’s strategy for advancing a zero-emission freight landscape.

Eugene Mulero | Senior Reporter
April 24, 2024

Forward Air Hires Ex-Ceva Logistics Executive Stewart as CEO

Shawn Stewart is set to join Forward Air as CEO, effective April 28, the carrier said April 23. He also will join the asset-light transportation services group’s board of directors.

Keiron Greenhalgh | Staff Reporter
April 24, 2024

ODFL Reports Q1 Revenue and Earnings Growth

Old Dominion Freight Line experienced growth in revenue and earnings for the first quarter of 2024, the company reported April 24.

Connor D. Wolf | Staff Reporter
April 24, 2024

Biden Makes $11 Billion Push to Beat China at Chip Research

The Biden administration is trying to turn cutting-edge semiconductor research into a more enticing field for Americans.

Mackenzie Hawkins | Bloomberg News
April 24, 2024

Traton Maintains Battery-Electric Decarbonization Focus

Navistar parent company Traton is standing firm in its belief that battery-electric trucks are the best alternative for trucking fleets looking to decarbonize their operations.

Keiron Greenhalgh | Staff Reporter
April 24, 2024

Norfolk Southern Reports Lower Earnings After Settlement

Norfolk Southern’s first-quarter earnings report gave the railroad the opportunity to publicly defend CEO Alan Shaw’s strategy again before investors decide on May 9 whether to back him.

Josh Funk | Associated Press
April 24, 2024

Biden Advances Plan to Make Freight Shipping Carbon-Free

The Biden administration is laying out more of its vision for decarbonizing the freight industry, including plans for standardizing charging infrastructure for electric trucks.

Jennifer A. Dlouhy | Bloomberg News
April 24, 2024