Tesla Axes Supercharger Team in Blow to Broader EV Market
Tesla eliminated almost its entire Supercharger organization, which has built a network of public charging stations that virtually every major automaker is in the process of tapping into.
May 1, 2024Daily Briefings from Transport Topics
Transport Topics has partnered with Spoken Layer to make one-minute daily briefings available on all your smart devices. Simply say “Alexa, play Transport Topics” or “Okay Google, talk to Transport Topics” to get the day’s biggest trucking headlines.
Paccar Q1 Profit Rises, Earnings Top Expectations
Profits at Paccar Inc. surged 63.5% in the first quarter of 2024, outstripping analysts’ expectations.
May 1, 2024Amazon Sees Strong Q1 Results Driven by Cloud-Computing Unit
NEW YORK — Amazon reported strong results for the first quarter, driven by growth in its cloud-computing unit and a new surge of advertising dollars from its Prime Video streaming service.
April 30, 2024Containership Hit Far in Arabian Sea; Houthis Claim Attack
JERUSALEM — A containership came under attack by a drone in the far reaches of the Arabian Sea, corresponding with a claim by Yemen’s Houthi rebels that they assaulted the ship there.
April 30, 2024Proxy Firm: Norfolk Shareholders Should Split Ticket in Vote
Norfolk Southern's CEO won support from adviser Institutional Shareholder Services before a shareholder vote on an activist-driven push to replace the railroad’s leadership team.
April 30, 2024US Ports Report Continued Volume Gains in First Quarter
U.S. ports closed out the first quarter in March with continued year-over-year increases in container volumes.
April 30, 2024New Montana I-90 Rest Area Adds 35 Truck Parking Spots
Montana is progressing on plans to provide more truck parking along its busiest freight route on Interstate 90.
April 30, 2024FMCSA Denies Florida’s CDL Skills Test Petition
The Federal Motor Carrier Safety Administration has told a Florida licensing agency that CDL applicants cannot continue taking a skills test after failing the pre-trip inspection.
April 30, 2024ArcBest Reports $1 Billion Revenue for Q1
ArcBest saw its bottom line swing from a profit to a loss and posted a decline in revenue during Q1 on the heels of market softness and weather-related delays, the company reported.
April 30, 2024Saia Q1 Profit Increases 19.2% as Revenue Rises 14.3%
Saia Inc. posted a 19.2% increase in profits in the first quarter of 2024 but undershot analyst and market expectations, even as key metrics improved.
April 30, 2024