Transport Topics

Debate on a multibillion-dollar budget bill targeting supply chain connectivity concerns, clean energy initiatives and economic incentives remains front-and-center on Capitol Hill. A vote on the $740 ...

12 Aug 20223min

Soaring prices for diesel fuel, rising maintenance costs and higher wages for drivers pushed the price of operating a truck up 12.7% in 2021 to $1.855 per mile — the highest level on record — accordin...

11 Aug 20223min

President Joe Biden signed into law yesterday legislation designed to enhance domestic semiconductor manufacturing and alleviate supply chain bottlenecks. Specifically, the $280 billion CHIPS and Scie...

10 Aug 20223min

In the first half of 2022, independent engine maker Cummins Inc. supplied a leading 47,713 Class 8 diesel engines, or 35.5% of the 134,373 used, Wards Intelligence reported. Detroit Diesel, a brand of...

9 Aug 20223min

Industry supplier Commercial Vehicle Group reported second-quarter net income and revenue fell, and new pricing began in July. Net income for the quarter ended June 30 was $2.5 million on revenue of ...

8 Aug 20223min

Mario Harik will succeed Brad Jacobs as chief executive of XPO Logistics starting in the fourth quarter, the company announced Aug. 4. Harik also will join the board of directors after XPO’s planned ...

5 Aug 20223min

GXO Logistics Inc. closed out its first year as an independent company with revenue and earnings growth in the second quarter of 2022, the company reported Aug. 2. The Greenwich, Conn.-based contract ...

4 Aug 20222min

Western Star is launching a new Class 8 over-the-road model that parent company Daimler Truck North America promises will deliver on the niche brand’s reputation for dependability and toughness, while...

3 Aug 20223min