Google’s Wing introduces new delivery drone with double the payload

This story originally appeared on Flyingmag.com. Wing — the drone delivery arm of Google parent Alphabet so far responsible for more than 350,000 deliveries across three continents — is ready to think bigger. On Wednesday, the company unveiled a new larger drone, which it said will be added to its fleet to “simplify and streamline”…

Jetran buys Cargojet rights for 777 freighter conversions

Aircraft dealer Jetran LLC has acquired the rights to four Boeing 777-200 converted freighters from Cargojet, which this week dropped plans to buy the long-haul aircraft along with a modification package for main-deck cargo transport, FreightWaves has learned. Cargojet on Monday said it was backing out of commitments with Mammoth Freighters, a startup aerospace firm…

Will J.B. Hunt’s insurance-cost laden Q4 be taken in stride by investors?

Management from J.B. Hunt Transport Services called out cost pressures on multiple fronts several times on a Thursday evening call with investors. Insurance costs were the most notable reason for a headline miss to fourth-quarter expectations. J.B. Hunt (NASDAQ: JBHT) reported headline earnings per share of $1.47 for the fourth quarter, which was below the…

Cummins, Daimler and Paccar pick Mississippi for $2B battery joint venture

Accelera by Cummins, Daimler Truck and Paccar Inc. followed the incentives in choosing northern Mississippi for a $2 billion battery-making joint venture. The factory for medium- and heavy-duty commercial trucks will create 2,000 manufacturing jobs.  Mississippi lawmakers Thursday approved $365 million in state incentives for the jobs expected to have an average salary of $66,000,…