Navistar signals plans for electric Class 8, unveils ePTO
Navistar is signalling plans to introduce a Class 8 battery-electric truck, adding to the medium-duty eMV that was introduced in 2021. The news emerged at ACT Expo, where the OEM […]
Lessons in leadership and leaving a legacy — Taking the Hire Road
This week on Taking the Hire Road, Jeremy Reymer, founder and CEO of DriverReach, is joined by trucking industry veteran and leader Jay Sewell, president of Sewell Motor Express. The family-owned company has been servicing the industry with shipping and storage solutions for over 100 years. With experience in other areas of the industry, Sewell…
CPKC, coal producer Teck to test hydrogen-fueled locomotives
Canadian Pacific Kansas City and Teck Resources will conduct a pilot program starting in early 2024 in which coal used in steel production will be transported from Teck’s mines in southeastern British Columbia to western ports using CPKC’s hydrogen locomotives. The companies also said they have entered into a long-term rail service agreement that will…
Atlas Air promotes Michael Steen to CEO
Cargo airline Atlas Air on Thursday announced that Chief Commercial Officer Michael Steen will take over as CEO on June 15, replacing John Dietrich in line with the company’s succession plan, and that CFO Spencer Schwartz will retire the same day. A new chief commercial officer will be named after Steen, 56, is officially appointed…
Trinity Industries, GATX and Wabtec see opportunities amid headwinds
Rail equipment manufacturers and rail car lessors see 2023 as a year of opportunities despite lower North American rail volumes in the first quarter. Here’s what officials said about the rail car market during recent earnings calls. Trinity Industries upbeat on rail car leasing market Trinity Industries is optimistic that pent-up demand to move volumes…