Traton SE experienced an increase in revenue and operating results despite market headwinds during the third quarter of 2023, the company reported Oct. 25.
Flexport announced Wednesday that it has acquired Convoy’s technology stack. FreightWaves reported on Friday that the two freight startups were in talks for Flexport, a venture-funded freight forwarder, to acquire Convoy, a!-->…
Plans to build a hybrid electric and hydrogen-powered Class 8 truck floundered in recent days as startup merger partners Tevva Motors Ltd. and ElectraMeccanica Vehicles Corp. parted ways.
Profits at Eaton Corp. jumped year-over-year in the third quarter, but executives are not optimistic about commercial vehicle prospects in 2024.
Despite a challenging freight market, Trimble Inc. said its transportation segment performed well during the most recent quarter but could face “adverse” results in the next fiscal period. The Westminster, Colorado-based!-->…
Aurora Innovation has christened the nation’s first commercial autonomous freight route between Dallas and Houston. But its timing could have been better. “With this corridor’s launch, we’ve defined, refined, and validated!-->…
West Virginia will use an FMCSA grant for $140,729 to provide more accurate and timely data to state law enforcement about commercial motor vehicle safety accidents.
Forward Air Corp. reported an 82.2% drop in earnings during the third quarter of 2023 as revenue declined amid a weak freight environment, the company reported Oct 30.
The market for converting used passenger jets into freighters is more subdued this year amid a prolonged downturn in freight demand, but there is still plenty of work to be done fulfilling earlier orders and some new ones.!-->…
On today’s episode of WHAT THE TRUCK?!? Dooner is talking to FreightWaves’ Rachel Premack about a new study that says truck fatalities are up 71% over the past 12 years. Has anything improved recently and are ELDs helping or!-->…
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