The Semis will be available for drayage use at the ports of Long Beach and Los Angeles, the first time the Class 8 battery-electric truck has been used at the largest port complex in the U.S.
February 25, 2025Latest News Updates From Keiron Greenhalgh
WattEV Transport Takes Delivery of First Two Tesla Semis
Survey: Nearly All Fleet Owners to Boost Safety Spending
Some 99% of executives surveyed across the U.S., Canada, Mexico and four Western European nations plan to boost spending on workforce safety and security technologies.
February 24, 2025TFI Eyes a ‘Brother’ for TForce Freight, Not a Merger
During TFI’s Q4 2024 earnings call with analysts Feb. 20, the company’s top executive said he did not expect any major acquisitions in 2025, after previously promising substantial ones.
February 21, 2025Standard Forwarding Freight Buys Midwest LTL Carrier From DHL
Standard Forwarding Freight bought the assets of Midwest less-than-truckload carrier Standard Forwarding from DHL Freight for an undisclosed sum.
February 21, 2025TFI Q4 Profit Slumps 33% on Higher Costs, Tonnage Decrease
The Montreal-based carrier saw its truckload unit revenue jump 64% to $693.2 million, but revenue at the LTL and Logistics divisions fell by 13% and 14%, respectively.
February 20, 2025Curtain Falls on Hydrogen Truck Maker Hyzon
Hydrogen fuel cell electric truck manufacturer Hyzon closed its doors Feb. 18, according to an executive, almost exactly four years after promising to produce 40,000 trucks in 2025.
February 19, 2025Nikola Declares Bankruptcy, Will Sell Off Assets
The company said it plans to pursue an auction and sale process under Section 363 of the U.S. Bankruptcy Code. A stalking horse bidder will be sought.
February 19, 2025Herc Rentals Outbids United in $3.9B Merger with H&E
Herc Rentals is set to merge with fellow construction equipment supplier H&E Equipment Services after outbidding the largest player in the field, United Rentals, the company said Feb. 18.
February 18, 2025Proficient Q4 Revenue Slumps 15.9% on Weaker Margins
Proficient — the No. 4-ranked auto transporter — expects industry dynamics to improve in 2025, including through a reduction in carrier capacity due to the travails of Jack Cooper Holdings.
February 14, 2025Auto Hauler Jack Cooper Shuts Down After Losing Ford, GM
The dominoes started to topple when automaker Ford decided in January to end its relationship with Jack Cooper, bringing the curtain down on an approximately 40-year relationship.
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