Business, Logistics, For-Hire

Court Approves Sale of 128 Yellow-Owned Terminals

A Delaware court approved the sale of 128 freight terminals owned by bankrupt less-than-truckload carrier Yellow Corp., according to an audio recording of a Dec. 12 hearing.

Keiron Greenhalgh | Staff Reporter
December 12, 2023
Business, Equipment

Daimler Vocational Models Add New Transmission Option

Eaton Cummins Automated Transmission Technologies’ Endurant XD automated transmission is now available for three vocational Western Star and Freightliner models, the joint venture said Dec. 11.

Keiron Greenhalgh | Staff Reporter
December 12, 2023
Business, Technology, Equipment, Fuel

GM, Autocar Team Up on Hydrogen Fuel Cell-Powered HD Trucks

Automotive giant General Motors is to team up with Birmingham, Ala-based Autocar Industries to develop a range of hydrogen fuel cell-powered heavy-duty vocational trucks, the companies said.

Keiron Greenhalgh | Staff Reporter
December 11, 2023
Business, Fuel

Truck Manufacturer JV Opens First Heavy-Duty EV Charging Hub

Milence opened phase one of its first heavy-duty vehicle charging hub in the Dutch town of Venlo, it said recently.

Keiron Greenhalgh | Staff Reporter
December 11, 2023
Business, Logistics, For-Hire

Dark Horse Bidder Makes Second Offer for Yellow Assets

Next Century Logistics submitted a second bid for Yellow Corp. assets Dec. 7 after an initial offer to reanimate the bankrupt carrier was turned down by the administrators of Yellow’s assets.

Keiron Greenhalgh | Staff Reporter
December 7, 2023
Business, Equipment, Fuel, Logistics, For-Hire

Ryder Reveals First Two Companies in EV Fleet Program

Truck leasing and logistics company Ryder System identified its initial customers Dec. 5 for its RyderElectric+ turnkey electric vehicle fleet program.

Keiron Greenhalgh | Staff Reporter
December 7, 2023
Business, Technology, Autonomous

TuSimple to Wind Down US Operations, Lay Off 150 Employees

Self-driving truck technology provider TuSimple plans to lay off about 150 employees immediately, or 75% of the company’s U.S. workforce, and begin a wind-down of U.S. operations.

Keiron Greenhalgh | Staff Reporter
December 6, 2023
Business, Equipment

Allison Transmission Workers Reject Labor Deal, Stay on Job

Some 1,500 Allison Transmission Holdings employees rejected a deal the company struck with union negotiators, but will remain on the job while talks continue, the company said Dec. 1.

Keiron Greenhalgh | Staff Reporter
December 6, 2023
Business, Logistics

XPO In Line for 28 Yellow Properties for $870 Million

Less-than-truckload carrier XPO Inc. has agreed to pay $870 million for 26 owned terminals and two leased properties that previously were operated by Yellow Corp.

Keiron Greenhalgh | Staff Reporter
December 5, 2023
Government, Business, Fuel

Diesel Price Falls to $4.092 in Sixth Consecutive Drop

The national average diesel price fell another 5.4 cents this week to creep ever closer to the $4 mark, according to the Energy Information Administration.

Keiron Greenhalgh | Staff Reporter
December 4, 2023