Daily Infographic: How successful is Tesla?

WASHINGTON — Truckers have told House and Senate leaders to steer clear of writing laws based on a report they say is highly flawed that recommends requiring new safety equipment on their vehicles. In a letter to Rep. Sam Graves, R-Mo., and Sen. Maria Cantwell, D-Wash., who chair the House Transportation & Infrastructure and Senate…

Amazon has committed to lease 10 additional freighter aircraft from Air Transport Services Group and pay its partner to operate the aircraft over five years as part of a deal that deepens relations between the companies and underscores how the retailer is gaining in the U.S. parcel market. ATSG (NASDAQ: ATSG) announced late Monday that…

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Supply chain logistics company Stord purchased the fulfillment services operation of Pitney Bowes’ e-commerce division on Friday, according to a report by The Information independently confirmed by FreightWaves. Terms of the acquisition weren’t immediately available, according to the report.  The news comes after Pitney Bowes (NYSE: PBI) announced Greg Zegras retired as president of the…

Jennifer Rumsey, who became CEO of engine maker and technology provider Cummins Inc. a year ago, also will chair the company following the retirement of her mentor and vocal fan, Tom Linebarger. The mutual admiration between the two played out again Wednesday with the announcement that Rumsey would succeed Linebarger Aug. 1 as chair of…