Logistics real estate operator Link Logistics grew its portfolio again in the fourth quarter, saying demand for last-mile locations remains steady. The company inked 805 leases (new and renewing), which comprised 23.4 million square feet of space in the quarter compared to 18.5 million in the year-ago quarter. It signed leases representing 86 million square…
Three of the nation’s largest medium- and heavy-duty truck makers snagged the apropos acronym PACT to advance electric truck infrastructure. Powering America’s Commercial Transportation intends to address the mismatch between battery-electric vehicle availability and inadequate zero-emissions vehicle (ZEV) infrastructure. PACT was established by Daimler Truck North America (DTNA), Navistar Inc. and Volvo Group North America….
No one disputes that the Red Sea crisis is massively diverting containerized goods around the Cape of Good Hope. But opinions widely diverge on how serious this is for global supply chains, consumers and economies once the dust settles from the initial disruption. On one end of the spectrum, there’s the view that the Houthi…
Vancouver Community College (VCC) has acquired the all-electric Freightliner eCascadia to future-proof student training within the evolving landscape of electric transportation. The zero-emission semi will be used to train students in […]
Fourth-quarter 2023 earnings and a projection for its prospects in 2024 have led to at least a pair of Wall Street downgrades of the prospects for Norfolk Southern’s stock price. The bottom-line numbers for Norfolk Southern (NYSE: NSC) were that it posted net income in the fourth quarter of $527 million versus $790 million in…