It’s uncertain whether it will change any minds this late in the game, but the outgoing head of the Surface Transportation Board has made it clear he supports keeping Norfolk Southern’s existing management in place. In a speech at the North American Rail Shippers Association’s annual meeting, STB Chairman Martin Oberman said he wasn’t trying…
Motor carriers have three major vehicle-based expenses: vehicles and maintenance, fuel and insurance. A carrier cannot run without covering all three. Unfortunately, freight rates haven’t risen at the same rate as costs. Insurance rates have increased by over 50% in the past decade. According to the American Transportation Research Institute’s Operational Cost of Trucking report,…
Nikola posted Q1 earnings this morning, revealing it wholesaled 40 fuel-cell-electric trucks (FCEVs) in the quarter, all designated for fleet operations. That brings its total number of wholesaled FCEVs to […]
Many carriers can start saving money today by transitioning to electrification slowly, one truck at a time, said Philippe Louisseize, project manager of electrification at Innovative Vehicle Institute, and Charles […]
C.H. Robinson on Tuesday provided details on a technological milestone it touched on during its first-quarter earnings call last week. The 3PL said it now processes 2,000 customer quote requests daily via email for 2,268 customers using a sophisticated large-language model. This AI technology, trained extensively on vast data sets, enables the company to efficiently…