PACCAR

The Daily Dash: TFI, the Teamsters and their new relationship

The Daily Dash is a quick look at what is happening in the freight ecosystem. In today’s edition, TFI International CEO Alain Bedard praised the Teamsters long before the company announced the acquisition of the unionized UPS Freight. Plus, Marten and Knight-Swift both posted strong earnings results in Q4, and the Biden administration has revoked a Department of Labor opinion letter on employee classification.

Laying the groundwork

TFI International (NYSE:TFII) CEO Alain Bedard may have been...

https://www.freightwaves.com/news/the-daily-dash-tfi-the-teamsters-and-their-new-relationship

The Daily Dash: Activist investor talks Forward Air; FedEx Ground exec retiring

Forward Air investor talks change

The Daily Dash is a quick look at what is happening in the freight ecosystem. In today’s edition, one of the activist investors pushing for changes at Forward Air talks with FreightWaves on what potential he sees for the company. Plus, a key executive is retiring from FedEx Ground and UPS’ divestiture of UPS Freight was a long time in the making.

Forward progress?

Former Forward Air (NASDAQ: FWRD) CFO Andy Clark sat down with FreightWaves to discuss his role as one of several activist investors...

https://www.freightwaves.com/news/the-daily-dash-activist-investor-talks-forward-air-fedex-ground-exec-retiring

The Daily Dash: Lost opportunity for J.B. Hunt

The Daily Dash is a quick look at what is happening in the freight ecosystem. In today’s edition, congestion played a role in J.B. Hunt Transport Services posting a worse year-over-year intermodal margin growth than expected. Plus, even preparation sometimes isn’t enough to stop a ransomware attack, and business-to-business activity has rebounded well from early 2020.

Lost opportunity

Congestion and gate restrictions from rail partners hampered J.B. Hunt Transport Services’ (NASDAQ: JBHT) Q4...

https://www.freightwaves.com/news/the-daily-dash-lost-opportunity-for-jb-hunt

PACCAR and Aurora to build autonomous trucks

Fresh from its takeover of Uber ATG in December, autonomous vehicle company Aurora has signed an agreement with heavy-duty truck manufacturer PACCAR (NASDAQ: PCAR) to commercialize autonomous Peterbilt and Kenworth trucks. 

This collaboration, the latest in the series of deals between self-driving vehicle technology companies and OEMs, will integrate the Aurora Driver and PACCAR’s autonomous vehicle platform, which the truck maker has been quietly developing over the past few years.

Under the...

https://s29755.pcdn.co/news/aurora-and-paccar-to-develop-autonomous-trucks

Toyota equips Kenworth Class 8 truck with updated fuel cell

Toyota Motor Corp. (NYSE: TM) is using second-generation fuel cell stacks from its 2021 Mirai passenger car for internal testing in production-intent Kenworth Class 8 trucks. Meanwhile, the Japanese automaker is handing off heavy-duty fuel cell trucks revealed in 2019 to customers for demonstration use.

The new fuel cell electric system adapts a Kenworth T680 chassis for a more compact hydrogen storage cabinet containing six hydrogen tanks behind the cab. A more powerful lithium-ion battery...

https://www.freightwaves.com/news/toyota-equips-kenworth-class-8-truck-with-updated-fuel-cell

The Daily Dash: Jerry Moyes takes over Central Freight Lines; XPO’s breakup

The Daily Dash is a quick look at what is happening in the freight ecosystem. In today’s edition, Swift Transportation founder Jerry Moyes has returned as the interim CEO of less-than-truckload carrier Central Freight Lines. Plus, XPO has made the decision to split the company into separate businesses, and FreightWaves’ SpaceWaves event focuses on the logistics of space exploration.

Jerry Moyes takes over Central Freight Lines

Less-than-truckload carrier Central Freight Lines has reshuffled some...

https://www.freightwaves.com/news/the-daily-dash-jerry-moyes-takes-over-central-freight-lines-xpos-breakup

Cummins, Navistar developing fuel cell truck for Werner testing

Engine maker Cummins Inc. (NYSE: CMI) is using grant money from the U.S. Department of Energy to develop a Class 8 fuel cell truck with longtime customer Navistar International Corp. (NYSE: NAV).

It is Navistar’s first foray into hydrogen-powered fuel cells. The zero-emissions technology is gaining traction as an alternative to diesel. 

https://s29755.pcdn.co/news/cummins-navistar-developing-fuel-cell-truck-for-werner-testing

The Daily Dash: A new SPAC is on the hunt; more charges in staged truck accidents investigation

The Daily Dash is a quick look at what is happening in the freight ecosystem. In today’s edition, another SPAC is on the hunt for a possible acquisition in the transportation space. Plus, Prologis posts strong Q3 earnings and more charges in the Louisiana investigation into staged truck accidents.

What to do when you have money to spend

SPACs have become all the rage, and they seem to be popping up everywhere these days. Qell is the latest, and with $380 million in hand, the shell company is on...

https://s29755.pcdn.co/news/the-daily-dash-a-new-spac-is-on-the-hunt-more-charges-in-staged-truck-accidents-investigation

Kenworth begins taking orders for Class 8 electric truck

Kenworth will launch its first-ever Class 8 battery-electric truck in the U.S. and Canada in 2021, joining other major truck makers producing zero-emission heavy-duty models.

The volume of orders across the industry likely will be small as fleets measure the total cost of ownership against the higher up-front purchase price of an electric truck. With thousands of fewer parts, maintenance costs will be lower. The price of electricity to power the batteries could be cheaper over time than diesel...

https://s29755.pcdn.co/news/kenworth-begins-taking-orders-for-class-8-electric-truck

Best transportation companies for female employees named

The Women In Trucking Association (WIT) has released its 2020 list of the top transportation companies for females.

The annual Top Companies for Women to Work for in Transportation list was created by WIT magazine Redefining the Road in 2018 as part of its mission to promote the accomplishments of businesses focused on the employment of females in the trucking industry.

Companies making the list this year were listed alphabetically, beginning with AGT Global Logistics, founded and led by Angela...

https://s29755.pcdn.co/news/best-transportation-companies-for-female-employees-named

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