News
Walmart to Expand EV Charging Network to Thousands of Stores
Walmart Inc. plans to add thousands of electric vehicle charging stations by 2030 to make it easier for motorists to pivot away from cars powered by fossil fuels.
Biden to Propose Toughest-Ever Rules on Car Pollution
The Biden administration is on track to propose the toughest-ever U.S. curbs on car pollution, while stopping short of an electric vehicle mandate or ban on gas-powered models.
ArcBest names new CFO
Transportation and logistics provider ArcBest announced Thursday that finance veteran Matt Beasley will take over as chief financial officer on May 14. He will also retain his current role as the company’s treasurer. Beasley…
Costco’s March sales highlight consumers’ shift to essentials
Costco’s March sales highlight U.S. consumers’ recent shift to spending on essential items versus discretionary ones. Reported Wednesday, Costco’s U.S. comparable sales, excluding the impacts from changes in gasoline prices…
Loaded and Rolling: Freight market downturn turns 1 year old
Freight market downturn turns 1 year old (Source: FreightWaves SONAR) It has been just over a year since Craig Fuller, CEO and founder of FreightWaves, wrote an article titled “Why I believe a freight recession is imminent,”…
Virginia building fabricator, trucking firm folds amid economic uncertainty
DFI Systems Inc. President Marcus Gravely says soaring lumber prices, the costly decision to move the company headquarters during the COVID-19 pandemic and the inability to find new investors was the perfect storm that…
TrueTMS exits stealth mode to help small carriers digitize operations
Software-as-a-service provider T3 Tech this week moved its transportation management system TrueTMS out of stealth mode to help small fleets navigate their business operations. According to George Thellman, the company’s…
Ryder’s debt rating upgraded by S&P
Ryder System, which has been on a string of strong earnings for the last two years even as it has forecast lower profitability in 2023, has had its debt rating upgraded by S&P Global Ratings to BBB+. The company already…
All things clearinghouse and compliance —Taking the Hire Road
This week on Taking the Hire Road, Jeremy Reymer, founder and CEO of DriverReach, is joined by a great friend of the show, Brandon Wiseman, owner and president of Trucksafe Consulting. Trucksafe Consulting helps fleets…
F-150 Lightning Is Ford’s Only EV to Get Full Tax Credit
Ford Motor Co. expects only its F-150 Lightning pickup to qualify for a full tax credit under a new law designed to spur adoption of battery-powered models.
