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Canadian Pacific anticipates growth opportunities post-merger

Author: Joanna Marsh - Published 2022-10-27 17:39 - (120 Reads)

Canadian Pacific is working to ensure that merging operations with Kansas City Southern goes smoothly, officials said during the railway’s third-quarter 2022 earnings call.
The post Canadian Pacific anticipates growth opportunities post-merger appeared first on FreightWaves.

Tesla Faces US Criminal Probe Around Self-Driving Claims

Author: Tom Schoenberg - Published 2022-10-27 17:25 - (103 Reads)

U.S. prosecutors are investigating whether Tesla Inc. made misleading claims about the capabilities of its Autopilot driver assistance system, according to a person familiar with the matter.

Safety, compliance tech investment can save money down the road

Author: Leo Barros - Published 2022-10-27 17:12 - (91 Reads)

Fleets must spend money on digitalization, but one has no idea what the failure to use technology for safety and compliance will cost. If a carrier’s truck is involved in a collision and the back office has missed filing a document, it could be critical in terms of insurance payouts or even nuclear verdicts, said …

Auto Prices Finally Begin to Creep Down from Inflated Highs

Author: Tom Krisher - Published 2022-10-27 17:04 - (107 Reads)

While prices on new and used vehicles remain 30% to 50% above where they were when the pandemic erupted, signs are pointing to many vehicles becoming slightly more affordable.

Worry-free cross-border shipping now a reality

Author: Jack Glenn - Published 2022-10-27 16:45 - (107 Reads)

A Borderless Coverage risk management strategy equips shippers for Mexico’s many challenges.
The post Worry-free cross-border shipping now a reality appeared first on FreightWaves.

Schneider beats in Q3, echoes slowing demand trends

Author: Todd Maiden - Published 2022-10-27 16:36 - (106 Reads)

Schneider National beat expectations for the third quarter but pulled in guidance as peak season is likely to be “muted.”
The post Schneider beats in Q3, echoes slowing demand trends appeared first on FreightWaves.

EU to Ban New Combustion Engine Cars as of 2035

Author: John Ainger - Published 2022-10-27 16:31 - (99 Reads)

The European Union reached a deal to effectively ban new combustion engine cars from 2035, a move that will reshape transportation and mark a significant step on the path to reduce carbon emissions.

Weathering the storm in trucking

Author: Timothy Dooner - Published 2022-10-27 16:25 - (113 Reads)

In this issue of the WTT newsletter, all call to action to help fight back against falling rates; drop in home sales hits freight; Starlink coming to your truck
The post Weathering the storm in trucking appeared first on FreightWaves.

US Economy Returned to Growth Last Quarter, Expanding 2.6%

Author: Paul Wiseman - Published 2022-10-27 16:18 - (107 Reads)

The U.S. economy grew at a 2.6% annual rate from July through September, snapping two straight quarters of contraction and overcoming high inflation and interest rates just as voting begins in midterm elections in which the economy’s health has emerged as a paramount issue.

FreightWaves Classics: Spruce Goose took flight 75 years ago

Author: Contributed Content - Published 2022-10-27 14:43 - (104 Reads)

Tuesday marks the 75th anniversary of the one and only flight of the Hughes Flying Boat, the so-called Spruce Goose.
The post FreightWaves Classics: Spruce Goose took flight 75 years ago appeared first on FreightWaves.

SONAR Sightings: Rejections surge in North Carolina; reefer volume in Milwaukee roars

Author: Corey Smith - Published 2022-10-27 14:35 - (104 Reads)

Charlotte, North Carolina, is seeing a slow recovery after volumes dropped to their lowest levels since February of 2021, and reefer volume in Milwaukee is up more than 22% this week.
The post SONAR Sightings: Rejections surge in North Carolina; reefer volume in Milwaukee roars appeared first on FreightWaves.

Pump Prices Along the East Coast Are Rising on Gasoline Shortage

Author: Julia Fanzeres and Chunzi Xu - Published 2022-10-27 14:17 - (98 Reads)

Gasoline shortages rippling across the East Coast are driving up pump prices from New York to Maine, potentially frustrating the Biden administration’s effort to rein in energy costs ahead of the election.

Spectra Premium promotes Gordon to CEO

Author: Today's Trucking Staff - Published 2022-10-27 14:13 - (134 Reads)

Spectra Premium Mobility Solutions announced that Josh Gordon has been appointed as president and chief executive officer effective immediately. He was previously president and COO. Josh joined Spectra Premium in 2021, with previous leadership roles at Fram Group and Old World Industries, as well as a commercial background in consumer products. Denis Chabot, Spectra Premium’s …

Navistar to offer connected services for free on S13 powertrain

Author: James Menzies - Published 2022-10-27 13:45 - (98 Reads)

As Navistar prepares to roll out its new S13 powertrain in International trucks, it will make its entire suite of connected services free of charge for five years. The S13 is Navistar’s first powertrain developed alongside its new parent company Traton Group. It was shown to the industry for the first time at a major …

A medida que las relaciones entre Estados Unidos y China empeoran, se espera un caos en la cadena de suministro 

Author: John Paul Hampstead - Published 2022-10-27 13:28 - (108 Reads)

El pilar de la fabricación y el consumo estadounidenses se tambalea
The post A medida que las relaciones entre Estados Unidos y China empeoran, se espera un caos en la cadena de suministro  appeared first on FreightWaves.

Forward Air sees further growth in 2023 as macro cools

Author: Todd Maiden - Published 2022-10-27 13:01 - (114 Reads)

Forward Air highlights several growth opportunities that will push results higher again in 2023 even if the economy slows further.
The post Forward Air sees further growth in 2023 as macro cools appeared first on FreightWaves.