Smith Electric Vehicles, hailed by President Obama in 2010 for its help “setting a model” for a greener U.S. economy, stopped making or delivering trucks and vans late last year as it ran short on cash and failed to make a profit from its battery-powered vehicles.
News & Analysis
16 Apr 2014
14 Apr 2014
TUCSON, Ariz. — Booming U.S. oil and natural gas production is “one of the most underappreciated megatrends,” a senior equity research analyst told the Transportation Intermediaries Association conference here.
09 Apr 2014
Opponents of allowing larger and heavier trucks on the nation’s highways are already calling foul on a yet-to-be-released study by the U.S. Department of Transportation and want President Obama to put the research on hold.
04 Apr 2014
Orders for Class 8 trucks in North America continued to be “solid” in March, the fourth consecutive month with net orders above 25,000 units.
12 Mar 2014
TRAC Intermodal’s planned move into drayage is the first step in the company’s effort to expand its portfolio to provide “a broad suite of logistics services,” CEO Keith Lovetro said.
03 Mar 2014
TRAC Intermodal, the United States’ largest provider of intermodal chassis, plans to extend its services into drayage, said CEO Keith Lovetro.
28 Feb 2014
The second lowest reading yet for JOC Truckload Capacity Index reflects lower truck counts at some of the largest U.S. carriers in the fourth quarter. The actual drop in capacity is likely deeper, as carrier bankruptcies hit a three-year high in the quarter.
14 Feb 2014
Truckload carrier C.R. England is putting more LNG trucks on the road in Southern California, as abundant natural gas builds interest in the alternative fuel.
13 Feb 2014
Truckload rates rose 2.9 percent in January, with intermodal rates climbing 1.7 percent year-over-year, Cass Information Systems said.
12 Feb 2014
Shippers must be more proactive to mitigate rate increases, meet truck capacity and supply chain challenges in 2014, says Andy Moses, senior vice president of global products at Penske Logistics.