Rivian Cost Cuts Pay Off With Smaller-Than-Expected Loss
Rivian Automotive reported a smaller-than-expected loss in a sign of progress as the EV maker cuts costs and staff ahead of plans to begin deliveries of a new midsize SUV…
Lawmakers Urge DOT Crackdown on Fraudulent CDL Mills
Members of Congress are urging DOT to investigate so-called CDL mills and enforce English proficiency rules as part of broader efforts to improve driver training and highway safety.
Building Materials Carrier BlueLinx Acquires Disdero Lumber
BlueLinx Holdings has expanded its western U.S. footprint with the $96 million acquisition of Disdero Lumber, an Oregon distributor of premium specialty wood products.
Caterpillar Sets New Growth Goals as Energy Demand Surges
Caterpillar laid out new growth targets to boost revenue and double capital spending in a bid to capitalize on rising demand for energy to power data centers.
Amazon Demands Perplexity Stop AI Tool’s Purchasing Ability
Amazon has sent a cease and desist letter to Perplexity AI demanding that the AI search startup stop allowing its AI browser agent, Comet, to make purchases online for users.
UPS cargo jet crashes during takeoff from Louisville hub
Emergency crews are responding to a UPS Airlines plane crash at the Louisville International Airport in Kentucky. The post UPS cargo jet crashes during takeoff from Louisville hub appeared first…
Dry van report: U.S. trucking activity hits a three-month low
Truck freight activity in the United States took a step back in September, dropping the for-hire tonnage level to its The post Dry van report: U.S. trucking activity hits a…
Reefer report: Potato harvest season peaks
As the potato harvest season in over 30 states draws to a close, with Idaho, Washington, and Wisconsin leading in The post Reefer report: Potato harvest season peaks appeared first…
Flatbed report: Many homeowners are still postponing significant renovations
Residential construction, specifically for single-family homes and existing home repair and remodeling, drives flatbed demand for lumber. According to Dustin The post Flatbed report: Many homeowners are still postponing significant…
CDL overhaul tailspins Ukrainian truckers
Non-domiciled CDL restrictions placing war refugees into crisis mode, Ukrainian drivers tell FMCSA. The post CDL overhaul tailspins Ukrainian truckers appeared first on FreightWaves.