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The post Daily Infographic: 2023’s most notable deals in trucking appeared first on FreightWaves.
The post Daily Infographic: 2023’s most notable deals in trucking appeared first on FreightWaves.
Cargolux, Europe’s largest all-cargo airline, achieved its best financial results ever in 2022 with after-tax profit of $1.6 billion, but suggested that geopolitics and an influx of passenger capacity will make it difficult to repeat its performance this year. Luxembourg-based Cargolux said profits increased nearly 22% on $5.1 billion in revenue, a 14.7% gain year…
WASHINGTON — Propane companies have failed to convince federal regulators that loosening work rules for their truck drivers could be accomplished without jeopardizing safety. The National Propane Gas Association (NPGA) petitioned the Federal Motor Carrier Safety Administration last year for a five-year exemption to daily and weekly hours-of-service regulations, saying that would help propane haulers…
Nikola adjourned its annual meeting for a second time because it lacked the votes to double the number of its outstanding shares. But the next try in August comes down to a pen stroke from Delaware Gov. John Carney. The electric truck maker and hydrogen developer currently needs 50% plus one vote to allow it…
Most of the buzz around commercial truck electrification seems to focus on Class 8 models. Who’s ordering them? Where is the infrastructure to charge them? Other than a few lesser-known players like BYD and Nikola, the field belongs to the legacy players like Daimler Truck, Volvo and Paccar. That leaves a clearer field for startups…
By Craig Allan The views expressed here are solely those of the author and do not necessarily represent the views of FreightWaves or its affiliates. The catastrophic Francis Scott Key Bridge collapse was a tremendous loss for the city of Baltimore, which is left grieving the tragic loss of life and bracing for massive disruption….
Legislation aimed at reducing predatory billing against truckers who need towing services in Florida is expected to be signed into law by Gov. Ron DeSantis, according to a source familiar with the reforms. “We haven’t heard anything to the contrary, so we’re pretty confident the towing bill will be signed into law,” a Florida Senate…