21 Apr Daimler Truck AG, Volvo Group Plan Joint Venture on Hydrogen Fuel Systems Global truck manufacturers Daimler Truck AG and Volvo Group have reached a preliminary agreement on a joint venture to develop, produce and commercialize fuel cell systems in heavy-duty vehicles by the second half of the decade. Read more...
21 Apr Covenant Relocates Texarkana Terminal Operations Covenant Transportation Group is planning to close its Texarkana, Ark., terminal and relocate operations to other facilities, the company announced April 20. Read more...
21 Apr Special Freight Railcars Could Travel at High Speeds, Federal Researchers Show For at least the past decade, America’s railroads have been toying with the notion of freight trains moving at speeds approaching some passenger bullet trains. Read more...
21 Apr N.Y. Gov. Andrew Cuomo Calls for Federal Coordination of Supply Chain for COVID-19 Tests New York Gov. Andrew Cuomo called for federal coordination of the supply chain to make COVID-19 testing more widely accessible to states. Read more...
20 Apr FRA Announces $311 Million in Funding Availability More than $311 million in funding is available for projects designed to improve freight and passenger rail connectivity, federal railroad regulators announced this month. Read more...
20 Apr Oil Price Turns Negative in Historic First; Diesel’s Decline Continues The price of oil dropped to its lowest level in history April 20, sinking into negative pricing as oil supplies are beginning to overwhelm the globe’s storage capacity. Read more...
20 Apr With Truckers, Trump Pushes Big Infrastructure Funding President Donald Trump, while honoring the nation's truck drivers for their roles in the fight against COVID-19, also used the White House celebration to push for a major infrastructure package. Here's your Capitol Agenda look at the week ahead for trucking on Capitol Hill. Read more...
20 Apr Oil Plunges Below Zero for First Time in Unprecedented Fall Of all the wild, unprecedented swings in financial markets since the coronavirus pandemic broke out, none has been more jaw-dropping than Monday’s collapse in a key segment of U.S. oil trading. Read more...
20 Apr Commercial Vehicle Production to Fall 20% Globally in 2020, IHS Forecasts Global commercial vehicle production will plunge 20% this year compared with 2019, with the North American market slumping more than 30%, according to an analysis from IHS Markit. Read more...
20 Apr JBS to Shut Down Minnesota Pork Plant After COVID-19 Outbreak JBS SA, the world’s top meat company, will shutter its pork processing facility in Minnesota following an outbreak of the coronavirus, adding to concerns that slaughterhouse logjams will tighten meat supplies for consumers. Read more...