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GM Says Strike Cost $1.1 Billion, but Raises Dividend

General Motors says pretax earnings took a $1.1 billion hit due to production lost during the UAW's strike, but the company expects to absorb the new contract's costs and raised its dividend.

November 29, 2023

FMCSA Warning: Drivers Who Drug-Test Positive Will Lose CDLs

FMCSA has issued a warning that late next year truck drivers who test positive for drug use will not only be placed on prohibited status, but will lose their commercial driver licenses.

November 28, 2023

NRF Reports Record Thanksgiving Shopping Weekend

Thanksgiving weekend shoppers surpassed their record turnout from last year, marking a strong unofficial start to the holiday season, according to the National Retail Federation. 

November 28, 2023

Congress Has NDAA on End-of-Year To-Do List

Finalizing a comprehensive Pentagon policy bill is among the legislative items on Congress’ radar before adjourning for the year.

November 28, 2023

Lineage Logistics Eyes Over $30 Billion Valuation in IPO

Lineage Logistics is targeting a valuation of more than $30 billion in an initial public offering, people familiar with the matter said, in what could be one of next year’s largest listings.

November 28, 2023

Winterization Process Requires Preparation, Training

From treacherous road conditions to freezing temperatures, even the most conscientious drivers need to exert caution on the roads during the winter.

November 28, 2023

Schneider’s Freightliner eCascadias Reach 1 Million-Mile Mark

Freightliner eCascadia battery-electric trucks operated by Schneider reached 1 million zero-emission miles carrying customer freight, the carrier said

November 28, 2023

Rolls-Royce Sours on Electric Planes, Needs Time for Hydrogen

Rolls-Royce Holdings backed away from electric aircraft and said conventional propulsion will remain the mainstay in coming years as hydrogen takes time to mature as an alternative.

November 28, 2023

Torc Lays Out Road Map to Autonomous Truck Launch in 2027

The independent subsidiary of Daimler Truck is paving the way for that rollout by conducting pilots with major motor carriers and mapping out the details of how fleet customers will dispatch and monitor unmanned commercial vehicles in the coming years.

November 28, 2023