Aggressive growth targets for TriumphPay laid out Industry News Aggressive growth targets for TriumphPay laid out A $4.8 billion run rate for the quarter is expected to be at $7 billion…Stephanie L. BondOctober 20, 2020
Tesla’s secret weapon: Renewable energy credits Industry News Tesla’s secret weapon: Renewable energy credits Zero-emissions credit sales drive Tesla profitability; heavy-duty truck manufacturers to access REC marketsStephanie L. BondOctober 20, 2020
Lower volumes, revenue dampen CN’s third-quarter profit Industry News Lower volumes, revenue dampen CN’s third-quarter profit The COVID-19 pandemic continued to put pressure on CN’s volumes in the third quarter.Stephanie L. BondOctober 20, 2020
Prologis earnings ahead of pre-COVID levels as demand for logistics space grows Industry News Prologis earnings ahead of pre-COVID levels as demand for logistics space grows Logistics real estate investment trust (REIT) Prologis beats third-quarter expectations and raises guidance. Conditions have…Stephanie L. BondOctober 20, 2020
Canadian Pacific seeks opportunities in its land holdings Industry NewsPublic News Canadian Pacific seeks opportunities in its land holdings The railroad has 1,000 acres it can develop with partnering customers.Stephanie L. BondOctober 20, 2020
Why the A321 converted freighter looks like a hot ticket (with video) Industry News Why the A321 converted freighter looks like a hot ticket (with video) Questions about whether the new Airbus A321 converted freighter could generate orders and catch up…Stephanie L. BondOctober 20, 2020
4 more indictments in Louisiana staged-accident case; C.R. England targeted in collision Industry News 4 more indictments in Louisiana staged-accident case; C.R. England targeted in collision Still not under indictment are any of the individuals who allegedly planned the crashes and…Stephanie L. BondOctober 19, 2020
Container slots sell out, risking holiday ‘shipageddon’ Industry News Container slots sell out, risking holiday ‘shipageddon’ On a collision course: holiday timing, surging consumer demand, thin inventories, and capacity constraints for…Stephanie L. BondOctober 19, 2020
Volvo gets $21.7 million in grants for 70 electric Class 8 trucks Industry News Volvo gets $21.7 million in grants for 70 electric Class 8 trucks The EPA and a Southern California air quality district are providing $21.7 million for 70…Stephanie L. BondOctober 19, 2020
Who’s stealing your cargo? – WHAT THE TRUCK?!? (with video) Industry News Who’s stealing your cargo? – WHAT THE TRUCK?!? (with video) Sting trailers, thieves in the night, and hackers. Who and what is keeping your cargo…Stephanie L. BondOctober 19, 2020