UPS Chief Financial Officer Brian Newman stepping down

UPS announced on Monday that Brian Newman, executive vice president and chief financial officer, will leave the company on June 1 to focus on his health. According to a press release from Atlanta-based UPS, the company will look internally and externally to select Newman’s successor. Glenn Zaccara, UPS vice president of communications, told FreightWaves that…

$53M project brings hydrogen-powered Hyundai trucks to California

The Center for Transportation and the Environment launched a project in California to deploy Hyundai Motor Co.’s hydrogen-powered trucks to boost zero-emission freight transportation in the state. The $53 million project, NorCal Zero, will bring 30 of Hyundai’s Xcient Fuel Cell electric trucks to the San Francisco Bay and Central Valley areas, CTE said in…

What’s less healthy: Truckers or truckload market? – WTT

On Episode 711 of WHAT THE TRUCK?!?, Dooner is talking to Offshift’s Dr. Mark Manera about driver health. Do truckers have a ticking time bomb in their chest? We’ll find out how America’s road warriors can set their GPS toward better health.  FreightWaves’ Thomas Wasson looks at market health. A slew of bankruptcies, layoffs and…

New Class 8 truck orders in April up from a year ago, down from March

The weak trucking market, so evidenced in disastrous first-quarter earnings for both truckload and LTL carriers, is having a mixed impact on new Class 8 truck orders, according to the two key companies that track that data. FTR Transportation Intelligence reported that preliminary net orders for April were 14,000 units. That was down 28% from…