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On-demand capacity provider Fluid Truck announced Thursday it is launching an initiative, Fluid Truck Renew, to enable fleet owners to lease or rent out surplus capacity to bring in new revenue. The company, founded in 2016, is an app-based platform that connects businesses with available capacity of commercial vehicles including cargo vans, box trucks and…
Automaker Tesla has ordered a voluntary recall of 35 of its all-electric Class 8 Semi trucks due to a parking brake issue. It’s the first recall for the Semi, which is produced at the company’s factory in Sparks, Nevada. Tesla began deliveries of the Semi in December, shipping an initial batch of trucks to Pepsi…
A container ship sailing from Shanghai to Kaohsiung, Taiwan, travels just 600 nautical miles. A container ship sailing from Shanghai to Los Angeles travels 9.5 times farther — 5,700 nautical miles — and incurs dramatically higher fuel costs. And yet, according to Xeneta, current long-term contract rates for these two completely different trades are now…
Cargo-focused Rickenbacker International Airport is diversifying its business with the opening of the first cold storage facility in Ohio dedicated to pharmaceuticals shipped by air transport. While most airports typically act as landlords for companies granted development rights, the Columbus Regional Airport Authority opted to invest, build and manage the pharma handling center itself while…
An early Thursday morning derailment involving a BNSF train near Raymond, Minnesota, led to an evacuation of area residents within a half-mile of the site. The train was carrying 22 rail cars of mixed freight, including ethanol and corn syrup. The derailment, which occurred at 1:02 a.m. local time, caused four rail cars to catch…
In just over a year, TuSimple co-founder Xiaodi Hou proclaimed himself CEO of the autonomous trucking startup, was fired by independent directors, and now has quit the board over rumors he sought TuSimple employees to join him in a new company. In a two-sentence 8-K filing with the Securities and Exchange Commission on Monday, TuSimple…