The time it takes to fuel a hydrogen-powered fuel cell truck is already on par with diesel. But there is still a yawning gap when it comes to comparable driving range. A new hydrogen storage system that packs more energy density might change that. The goal of hydrogen and battery-electric trucks is to reduce the…
Recently, FreightWaves spoke with Wabash Director of Strategic Programs Glen Stewart about the company’s trailers-as-a-service (TaaS) offering, designed to help increase asset uptime. According to the company, it has secured a near 100% recovery rate for its customers’ damaged trailers in 2024. “If damaged, trailers are fixed immediately, or a loaner can be provided,” a…
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Amerijet International plans to furlough a number of pilots in the near future to shore up cash flow after the loss of major contracts with the U.S. Postal Service and other accounts, according to internal company communications. The number of pilots to be suspended depends on how many pilots accept offers to work less. The…
Weak freight market conditions continue placing financial strains on transportation providers, said Phil Yeager, president and CEO of Hub Group Inc. “Market conditions have remained soft … largely due to excess truckload capacity that is yet to exit the industry,” Yeager said during an earnings call with analysts after the market closed on Thursday. Hub…