Xos Trucks shares drop 14.5% on 1st day of public trading
Shares of electric chassis maker Xos Trucks closed 14.5% lower in their first day of public trading, getting a reception similar to its peers.
Shares of electric chassis maker Xos Trucks closed 14.5% lower in their first day of public trading, getting a reception similar to its peers.
The past week in social media images features a menacing wildfire in California, tropical storm deluges, a train hitting a tractor-trailer and more.
Daimler Trucks North America’s participation in this round points to an increasing market for Truck-as-a-Service products, tools integrated during the manufacturing process to help fleets manage safety, privacy and intelligent automation tools.
The Northeast is the most likely region for collisions between commercial trucks and wild animals. These are the top five specific locations.
The downward pressure on oil markets can be summed up by the two D’s: delta and dollar.
TPP Retention Project Plan’s Ray Haight explains how the industry has missed an opportunity when it comes to driver retention.
Truckload carrier Heartland Express announced a 50-cent-per-share special dividend Friday. It was the second carrier to announce a special dividend this week.
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Many organizations, including the Future Leaders of Indiana, are partnering with the Next Generation in Trucking Association to attract younger people to trucking.
“We strongly believe that expecting random carriers to digitally engage with you and book your freight without having a relationship is a strategy that has just never proven to be effective.”
The outlook for the pandemic hurt the company’s review last year, but Moody’s has a more positive view in 2021.
Canada’s Titanium Transportation Group continues its asset-light push into the U.S. freight market with a new brokerage office in Denver, its fourth in the country.
Tritium, Greenlots, and Baltimore Gas and Electric are working together to bring accessible, public DC fast-charging stations to the Baltimore area.
You can’t blame carriers for refusing to stick by a handshake agreement to sell service at pre-negotiated rates or at a discount.
New customers will need to onboard by that date to get holiday delivery services.
Despite the significant drop in price, lumber remains an expensive commodity. Whether the price will continue to fall is uncertain.
Warehouse robotics firm Geek+ and warehouse technology provider WSR Solutions say their combined solution for mixed-pallet picking and loading can increase truck capacity by as much as 30%.
Poole says the bill is a step away from the “user pays, user benefits” policy that has long been in place for infrastructure.
Werner claims it will face a “significant burden” if regulators do not provide more flexibility in how truck driver licenses are issued.
Marten Transport announced a special dividend of 50 cents per share. The payment marks the third straight year of special dividends for the carrier.