CCJ StaffAlternative powerXos inks deal with FedEx Ground for electric trucksXos expects to deliver 120 zero emission electric trucks across 35 different FedEx Ground operators based in California, New York, New Jersey, Massachusetts, and Texas beginning this year. Biden wants stricter GHG regs on cars, trucks; more.August 10, 2021TrucksNavistar won't pay fleet $30M in damages after Tennessee Supreme Court rulingThe state's high court said Navistar won't owe Milan Express $30M in damages over state's economic loss laws. Also: New Kenworth T680 NextGen gets SmartWay designation; cargo theft ring in East Tennessee; Pete BEV heads to D.C.August 9, 2021Economic trendsSpot market bolstering contract renewal ratesThe ongoing chassis trailer shortage has been exacerbated by higher-than-normal container dwell times for local container delivery and intermodal rail cars to move containers east.August 6, 2021RegulationsIowa waives hours of service, weight regs for fuel haulersFuel shortages in Iowa prompted Gov. Kimberly Reynolds to suspend hours regs and weight restrictions for fuel haulers in the state. Also: Plus completed a driverless highway run in China; Omnitracs added the PrePass weigh station bypass to its system.August 6, 2021Class 3-6Cummins, Daimler Truck formally sign joint medium duty engine agreementCummins' Euro VII-complaint platform will be used globally, eventually replacing the Detroit DD8 and DD5 engines as available powerplants in North American trucks.August 5, 2021Alternative powerMeritor announces electrification partnerships with Hino and HyliionMeritor partners its Blue Horizon platform with Hino and Hyliion. Also: Old Dominion expands its service network.August 5, 2021Mergers & AcquisitionsTop 250 Alabama flatbedder acquires Patriot TransitPatriot maintains a fleet of 75 drivers and the acquisition will provide Patriot and its customers with additional capacity.August 4, 2021Alternative powerMeritor invests in electric power system companyMeritor invests in electric; Boss Shop joins Hyundai Translead's provider network.August 4, 2021CompaniesFormer Roadrunner CFO convicted in $245 million fraud schemePeter R. Armbruster, the former CFO of Roadrunner Transportation, faces a maximum prison sentence of 25 years for securities fraud, 20 years for misleading auditors, and 20 years for each books and record violations.August 3, 2021Economic trendsSlightly weaker flatbed metrics offset small gains in dry van and refrigeratedSpot rates were essentially flat week-over-week as a small decline in flatbed rates offset relatively small gains in dry van and refrigerated.August 3, 2021Previous PagePage 192 of 216Next PageTop StoriesBusinessWerner acquiring FirstFleet for $245MThe acquisition reshapes Werner’s portfolio, shifting the weight of its Truckload Transportation Services (TTS) toward long-term, stable contractual business.Alternative powerPilot Travel Centers set to deploy Tesla Semi chargers spanning 5 statesBusinessPeninsula Truck Lines adding PNW compliance surchargeTechnologyCourt halts NYSTA surcharge on commercial trucking toll management service providersBusinessAbilene Motor Express folding into Swift Transportation
