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The post Daily Infographic: Grand Canyon National Park shuttle bus fleet replacement project appeared first on FreightWaves.
FedEx Corp. (NYSE: FDX) late Tuesday posted fiscal 2023 fourth-quarter revenue of $21.9 billion, down from $24.4 billion in the year-earlier period. Adjusted diluted earnings per share came in at $4.94, down from $6.87 a share and above a $4.89-a-share estimate from Yahoo Finance. Net income of $1.25 billion was down from $1.8 billion in…
After 32 years in Texas, Arrow Truck Sales announced it is closing its three branches across the Lone Star State. The closures are related to a state law prohibiting motor vehicle manufacturers from also owning auto dealerships and selling vehicles directly to consumers. Arrow Truck Sales is a subsidiary of automaker Volvo. “The closure of…
Class 8 truck orders were soft as expected in June with manufacturers offering few build slots until they open order books for 2024 as soon as next month. But even when OEMs begin taking orders, expect bookings to remain slow as the focus remains on bringing balance to months of orders yet to be produced….
The dockworkers union strike that shuttered the container ports of Vancouver and Prince Rupert, Canada, was supposed to be over. It’s back on again. The initial strike started July 1 and lasted 13 days. On Thursday, the British Columbia Maritime Employers Association (BCMEA) announced that a tentative four-year contract agreement had been reached with the…
Megawatt charging depots so far are behind-the-fence operations exclusive to the fleets that operate them. Truck-as-a-Service (TaaS) startup WattEV changes that when it opens its first charging-for-all installation at the Port of Long Beach. “A lot of competitors have been talking about infrastructure, but we actually have equipment in the ground,” Salim Youssefzadeh, WattEV founder…
WASHINGTON — Concerns about fairness and fraud are part of a new report to Congress outlining regulators’ rationale for not making permanent a waiver providing flexibility on how truck drivers’ CDL knowledge tests are administered. Instead, the Federal Motor Carrier Safety Administration is moving ahead on plans for new testing oversight standards in an upcoming…