J.B. Hunt Transport is ordering 13 battery-electric and hydrogen-powered fuel cell trucks from Nikola. The purchase boosts the startup’s prospects in a critical week for the company. The 10 battery electric trucks help Nikola reduce inventory. The hydrogen-powered fuel cell truck order allows Nikola to grow its order book for the zero-emission trucks. Company shares…
Amazon.com Inc. had been heading toward meeting one-day delivery requirements for its Prime service when the pandemic slowed its progress. Since the end of the pandemic, the company has regained its fast-delivery mojo. In response, the company said Monday that it plans to double the number of same-day delivery sites “in the coming years,” according…
In today’s recessionary freight market, cost efficiency and productivity are crucial components of safeguarding profits while providing top-notch customer service. Pinpointing — and correcting — inefficiencies is an important part of achieving a streamlined supply chain. Fortunately, modern technology makes it easier than ever to keep a close eye on freight. By utilizing tech to…
The biggest bankruptcy in U.S. trucking history could occur in the coming days when the nation’s third-largest less-than-truckload carrier, Yellow Corp., files. The company ceased all operations at noon on Sunday, and leadership representing its Teamsters workforce said it had been notified of a pending bankruptcy filing. The company is still shopping a small 3PL…
DHL Express announced Monday it will invest $192 million to build an aircraft maintenance facility to support its growing fleet at Cincinnati/Northern Kentucky International Airport (CVG), where the package logistics provider operates its primary U.S. air hub. The Kentucky Economic Development Finance Authority on Thursday approved $1 million worth of incentives for the 305,000-square-foot facility,…