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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.... Read more
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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.... Read more
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White House unlocking $1.5 billion to support zero-emission trucks
The plans made public Wednesday support President Biden’s plans for zero emissions freight corridors.... Read more
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Tesla plans Semi production ramp next year
Tesla's fully electric Class 8 has been delayed at least four times and is five years overdue.... Read more
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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.... Read more
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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.... Read more
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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.... Read more
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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.... Read more
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Buttigieg Announces Infrastructure Funds
Assuring the country about the Biden administration’s efforts to improve connectivity along mobility corridors is atop Secretary Pete Buttigieg’s spring agenda.... Read more
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Truck tonnage ticked down in March
ATA's Truck Tonnage Index saw a 2% decrease from February to March, representing a 1% year-over-year decrease. Also: Senators...... Read more
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A Year to Forget for Third-Party Logistics Providers
Logistics costs and third-party logistics revenues saw extraordinary increases during the 2020-2022 COVID-19 pandemic shutdown The post A Year to Forget for Third-Party Logistics Providers first appeared on Go By Truck Global News.... Read more
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Lower Used Truck Prices, Weak Rental Market Hurt Ryder Profits
Ryder's profits fell in the first quarter on sharply lower used tractor and truck prices and weak rental market conditions, the company said April 23, but saw a boost from recent acquisitions.... Read more
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Tesla Q1 Net Income Tumbles 55%
Tesla’s first-quarter net income plummeted 55% as falling global sales and price cuts sliced into the electric vehicle maker’s revenue and profit margins.... Read more
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AI Optimized Revenue: Ship Smarter, Drive Profits
The shipping and supply chain industry, a linchpin of global commerce, has long wrestled with outdated and error-prone data handling processes. Traditionally, businesses have relied on tedious manual processes, accepting them as a necessary cost of operations. The boom of AI has opened the door to innovate workflows that are... Read more
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Get More Bang for Your Buck
Did you know truck drivers listen to SiriusXM an average 55+ hours each week? The SiriusXM Fleet Program keeps your drivers informed, engaged, and entertained along every mile. Our 150+ channels of ad-free music, as well as sports, news, talk…... Read more