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Company Earnings Guidance Is Wrong About 70% of the Time

The pandemic may have upended businesses, but surprisingly it did little to dent managers’ misplaced confidence in their earnings forecasts, new research shows.

May 23, 2023

Volvo Signs Green Power Deal for Vattenfall Wind Power

Volvo Group signed an agreement to purchase wind power from renewables producer Vattenfall AB in a rare bilateral energy deal in the transport sector.

May 23, 2023

Waymo, Uber Team Up on Robotaxis in Phoenix

Self-driving car pioneer Waymo is teaming up with ride-hailing leader Uber in the Phoenix area to transport passengers and deliver food in robotic cars.

May 23, 2023

Schneider Debuts Transportation-Focused Innovation Center

Schneider National has opened a new facility aimed at spurring innovation in the transportation sector, the company announced May 17.

May 22, 2023

Logistics Providers Work to Set Freight Scheduling Standards

Major logistics companies and technology providers have joined forces to alleviate a pain point hampering the industry — the making, keeping and adjusting of freight appointments.

May 26, 2023

Trucking Technology Q&A: Melton’s Randy Rhines

Randy Rhines has managed information technology at flatbed carrier Melton Truck Lines since 1989, when the company was founded with 30 trucks.

May 26, 2023

Ford Strikes Lithium Deals to Support EV Output

Ford Motor Co. reached a series of deals to buy lithium from projects in Canada to Chile, as automakers rush to secure the materials needed to build electric vehicles.

May 22, 2023

GM Rolls Out Electric Silverado Pickup Truck

General Motors Co. is finally pushing into the heart of the electric pickup market with its Chevrolet Silverado work truck starting production this month.

May 22, 2023

Cement Maker Orders up to 1,000 Volvo Electric Trucks

Volvo Trucks has signed a letter of intent to sell up to 1,000 electric trucks to a single customer in its largest EV order to date, the manufacturer announced May 22.

May 22, 2023