07 Apr UPS Orders Electric Aircraft to Transport Cargo Between Facilities UPS Inc. is ordering 10 electric aircraft that are designed to take off and land like a helicopter, allowing it to fly cargo directly between its facilities in small markets and bypass airports. Read more...
07 Apr NTSB Adopts New Most Wanted List of Safety Concerns The National Transportation Safety Board’s new Most Wanted List includes calling on automobile and truck manufacturers to install collision-avoidance and connected-vehicle technologies in all vehicles. Read more...
07 Apr Nikola Loses EVP Heading Fuel Cell Development Nikola Corp., the troubled hydrogen-powered and battery-electric truck startup, lost a key member of its executive team with the departure of the former head of its fuel cell development program. Read more...
07 Apr Commodity Shipping Rates Surge; Rally Isn’t Over For a glimpse of how quickly and unevenly economies are recovering from the pandemic, look no further than the market for shipping raw materials. Read more...
07 Apr Shell to Make First Profit From Oil Output Since Pandemic Royal Dutch Shell Plc expects to make its first profit from pumping oil since the start of the pandemic, the petroleum giant said. Read more...
07 Apr Haldex Reports Positive 2021 Outlook, Taps New CEO Haldex said in its recently released annual report that the outlook for 2021 is positive as it continues its role as a global supplier of brake products and air suspension systems for heavy-duty trucks and trailers. Read more...
07 Apr XPO Logistics Announces Hiring Plans, Taps CFO for Spinoff GXO XPO Logistics plans to fill more than 1,400 positions to meet growing demand in its less-than-truckload business. Read more...
06 Apr DeFazio Touts Benefits of Infrastructure Plan President Joe Biden’s $2.25 trillion infrastructure proposal would address environmental concerns and enhance the business landscape nationwide, said the top transportation policymaker in the U.S. House of Representatives. Read more...
06 Apr Illinois DOT Explores Initiatives to Reduce Bridge Strikes The Illinois Department of Transportation is pursuing two pilot initiatives meant to reduce bridge strikes by large trucks. Read more...
06 Apr States to Compete for 10 Biggest Bridge Fixes The Biden administration plans to have states compete for a slice of the proposed $2.25 trillion infrastructure-and-jobs program that’s dedicated to fixing 10 unnamed bridges that are seen as economically important. Read more...