06 May Bill Aims to Boost Electric-Car Battery Mineral Production A group of U.S. senators is introducing legislation to boost domestic production of “critical minerals” that are often imported from China to make electric car batteries. Read more...
06 May Kriska Transportation Acquires Champion Express The Kriska Transportation Group has acquired Champion Express Ltd., according to a Kriska news release. Read more...
03 May Joseph Brent Shull Set to Defend Kentucky Title Against Vets and Rookies The Kentucky Trucking Association will host its Truck Driving Championships on May 17-18 at Kentucky Speedway in Sparta. Read more...
03 May Ryder System Posts Robust First Quarter, Boosts Profit Forecast for 2019 Ryder System posted higher earnings and strong sales growth in its dedicated and supply chain solutions businesses for the first quarter of 2019. Read more...
03 May J.B. Hunt Adds First Enterprise Sales Office in Mexico J.B. Hunt Transport Services Inc. announced subsidiary J.B. Hunt Mexico opened an “enterprise sales branch” in Santiago de Querétaro, Querétaro, Mexico, the first such office in the country for the company. Read more...
03 May Universal Logistics Acquires Michael’s Cartage Universal Logistics Holdings Inc., an asset-light transportation and logistics company, acquired Michael’s Cartage Inc., according to an April 22 news release. Terms were not disclosed. Read more...
03 May Autonomous Tech Could Make Tesla $500 Billion Company, CEO Elon Musk Says Elon Musk described autonomous-driving technology as “transformative” to Tesla Inc. in a call aimed at ginning up interest in the electric-car maker’s debt and stock offering of about $2 billion, according to two people who dialed in. Read more...
03 May Electric Cars, Solar Compete for Same Parts Electric vehicles and solar tend to get lumped together as partners in the climate-friendly push to phase out fossil fuels. Now they’re competing head-to-head for high-tech components that have been in short supply. Read more...
03 May Mississippi Driver Scott Osborne Takes Gold, Again The veterans took center stage at Mississippi’s Truck Driving Championships on April 26-27. Reigning Grand Champion Scott Osborne of FedEx Freight repeated his victory this year, scoring 300 points in the Flatbed division. Read more...
03 May Wabash Posts Record 1Q Revenue; Net Income Takes Dip Wabash National Corp. reported record first-quarter revenue, but net income slipped. Read more...