News

WASHINGTON — Advocates for the self-driving vehicle industry on July 26 warned that years of regulatory inaction is putting American manufacturers at a competitive disadvantage. 

Alphabet Inc. is indefinitely delaying its Waymo Via autonomous trucking unit to focus efforts on robot-driven passenger cars for ride hailing.  Waymo Via is the latest to head to the sidelines in a shrinking field of…

Traton SE’s profits soared in the second quarter of 2023 as sales jumped compared with the year-ago period, the parent company of Navistar said July 26.

Waymo, the self-driving unit owned by Alphabet Inc., is slowing the development of autonomous trucking that’s being done by its Via subsidiary.

Yellow’s senior vice president of sales informed her staff on Wednesday that their last day would be Friday and the less-than-truckload carrier will file bankruptcy on Monday, according to three employees who attended the…

The Shipper of Choice award, presented by FreightWaves in partnership with TriumphPay, recognizes the manufacturers, distributors and retailers that do the best job of keeping the American economy moving by fighting driver…

There were some key points in the second-quarter earnings release of truckload carrier Covenant Logistics (NASDAQ: CVLG). The dedicated division operating ratio was improved, the expedited OR was significantly weaker and the…

FreightWaves has written extensively in recent months about the continued profound weakness in U.S. goods demand, which has been reflected in unusually weak truck, rail and corrugated box volumes, among other areas. Indeed,…

OMAHA, Neb. — Union Pacific on July 26 hired Jim Vena as CEO as the company cut its outlook after reporting disappointing results driven by weakening consumer demand and higher labor costs.

Used Class 8 truck sales in June came in at 21,500 units, equal to sales figures from the year-ago period, ACT Research reported.