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Good news for gas prices this Labor Day weekend, future of autonomous trucking
Yahoo Finance· 2025-08-26 22:24
Hello and welcome to Asking for a Trend. I'm Josh Lipton and for the next half hour, we are breaking down the trends of today that'll move stocks tomorrow. There's a lot to keep track of, so we're focusing on what you need to know to get ahead of the curve. Here's some of the trends we're going to be diving into.US stocks moved slightly higher Tuesday as Wall Street absorbed President Trump's bid to remove Federal Reserve Governor Lisa Cook. At the end of the trading session, all major indices did end the d ...
C.H. Robinson CEO Dave Bozeman on AI: We're an undervalued AI play in the industrial space
CNBC Television· 2025-08-26 12:27
We are joined now by Frank Holland and a special guest in the trucking trucking industry. Hey Leslie, thank you very much. Uh the company we're talking about, CH Robinson, shares a rally more than 25% since reporting their earnings back in July.The company's the biggest truck brokerage here in the US with about 12% of the North American market. Several analysts I've spoken with call Chro Robinson an under the radar AI play. They use Aentic AI and they've used uh that to reduce headcount by double digits ove ...
1 Magnificent S&P 500 Dividend Stock Down 35% to Buy and Hold Forever
The Motley Fool· 2025-08-22 08:55
But the headline numbers don't tell the whole story. The company protected pricing power, with revenue per hundredweight, excluding fuel surcharges, up a little over 5%. Service levels stayed elite, with 99% on‑time deliveries and an industry‑best cargo claims ratio of just 0.1%. That combination -- holding yield and service while volumes are down -- is exactly what sets Old Dominion apart from most peers. A rare pullback in an elite trucking operator with a pristine balance sheet and reliable dividend. Old ...
X @Bloomberg
Bloomberg· 2025-08-21 22:38
The US will pause issuance of worker visas for commercial truck drivers, the latest Trump administration move on foreign workers, Secretary of State Marco Rubio says https://t.co/6v2YYSb0Fo ...
Volvo Trucks lands major order: 264 new VNL trucks to Averitt Express
Globenewswire· 2025-08-21 13:54
Averitt Express branded Volvo VNL Truck Volvo Trucks North America customer Averitt Express, one of the nation’s leading freight transportation and supply chain management providers, has placed an order for more than 200 all-new Volvo VNL 860s. Greensboro, North Carolina, Aug. 21, 2025 (GLOBE NEWSWIRE) -- Volvo Trucks North America customer Averitt Express, one of the nation’s leading freight transportation and supply chain management providers, has placed an order for 264 new Volvo VNL 860s. The deal ...
Goodyear Unveils Winner of 41st Highway Hero Award
Prnewswire· 2025-08-20 13:00
"Adam's story continues to remind us that professional truck drivers are the unsung heroes of our roads," said Joe Burke, vice president, Goodyear North America Commercial. "His quick and professional response to this unexpected situation demonstrates the integrity, dedication and compassion that define what's the best of our industry." J.B. Hunt truck driver, whose vigilance and swift action saved a person's life, joins long list of commercial truck drivers honored for courageous acts in service of others ...
MARTEN TRANSPORT ANNOUNCES CEO RETIREMENT AND LEADERSHIP TRANSITION
GlobeNewswire News Room· 2025-08-19 20:01
Core Viewpoint - Marten Transport, Ltd. announces the retirement of CEO Timothy Kohl effective September 30, 2025, with Randolph Marten taking over as CEO and Chairman of the Board on October 1, 2025 [1][2]. Company Leadership - Timothy Kohl has been with the company since 2007, serving as CEO and previously as President, leading the company through significant growth and transformation [2]. - Randolph Marten has a long history with the company, having been a full-time employee since 1974 and serving in various leadership roles, including CEO from January 2005 to May 2021 [2]. Company Overview - Marten Transport is headquartered in Mondovi, Wisconsin, and operates a multifaceted business model that includes temperature-sensitive and dry truck-based transportation across six distinct business platforms [3]. - The company is recognized as one of the leading temperature-sensitive truckload carriers in the United States, specializing in the transportation of food, beverages, and consumer packaged goods that require temperature control [3]. - Marten Transport provides services in the United States, Mexico, and Canada, focusing on expedited movements for high-volume customers [3].
Verspeeten Cartage invests in all-new Volvo VNL to continue legacy of driver comfort and fleet reliability
Globenewswire· 2025-08-19 14:00
Ontario, Canada, Aug. 19, 2025 (GLOBE NEWSWIRE) -- Volvo Trucks North America customer Verspeeten Cartage, a third-generation, family-owned carrier based in Ontario, Canada, has taken delivery of the all-new Volvo VNL 300. With a 100% Volvo fleet of 75 trucks, Verspeeten continues to invest in equipment that delivers on its core values of safety, fuel efficiency, and exceptional driver comfort, while extending a trusted partnership that spans more than 30 years. Founded in 1953 by Archie Verspeeten with jus ...
X @Bloomberg
Bloomberg· 2025-08-13 08:04
Industry Overview - The trucking industry is consistently under pressure [1]
150辆采购+50辆交付 换电重卡领域又现大单
第一商用车网· 2025-08-13 04:34
Core Viewpoint - The article highlights the launch of the Ning-Shan-Mongolia heavy-duty truck battery swap network project, aimed at electrifying coal transportation in the Ningxia, Shanxi, and Inner Mongolia regions, thereby enhancing logistics efficiency and supporting carbon neutrality goals [1][4]. Group 1: Project Launch and Infrastructure Development - On August 12, the Qiji Battery Swap Network officially commenced in Ordos, Inner Mongolia, marking the start of the Ning-Shan-Mongolia heavy-duty truck battery swap network project [1]. - The newly operational battery swap station on the East Road is strategically located at the intersection of G20 Qingyin Expressway and the Ning-Mongolia provincial border, directly connecting to the Ningdong energy and chemical base [3]. - A total of ten battery swap stations are being constructed across key energy cities in Ningxia, Inner Mongolia, and Shanxi, covering over 2000 kilometers of transportation routes, with plans for full connectivity by the end of 2025 [3][4]. Group 2: Strategic Partnerships and Collaborations - DeepWay delivered the first batch of 50 battery swap heavy-duty trucks to Fuhai New Energy, which will be utilized for coal transfer and cross-province bulk cargo transportation [3]. - A procurement agreement for 150 battery swap heavy-duty truck chassis was signed between Qiji and several companies, including Fuhai New Energy and Ningxia Kunda, to enhance logistics efficiency [3][4]. - A significant strategic cooperation agreement was established among Qiji, Fuhai New Energy, and other partners to promote the construction of a battery swap ecosystem in the Ning-Shan-Mongolia region [4]. Group 3: Industry Impact and Goals - The Ning-Shan-Mongolia region is recognized as a crucial coal resource base in China, and the completion of the battery swap network will enable the electrification of the entire logistics chain for bulk goods such as coal and building materials [4]. - The initiative is expected to significantly reduce logistics costs and contribute to the realization of China's transportation and dual carbon goals [4].