Category: Equipment

Spot Market Insights: Spot Rates Rise for All Equipment Types in the Latest Week

Spot Market Insights: Spot Rates Rise for All Equipment Types in the Latest Week

| October 21, 2024

Dry van spot rates increased for a fourth straight week for the first time since May 2021 Data from Truckstop and FTR Transportation Intelligence for the week ended October 18 showed a stronger market in rates and volume. Regional data implies strength from more factors than just relief and recovery from Hurricane Milton and perhaps […]

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Ryder Announces 27th Annual Carrier Quality Award Winners

Ryder Announces 27th Annual Carrier Quality Award Winners

| October 21, 2024

Ryder honors 13 carriers for service quality and operational excellence. Metrics include on-time performance, customer service, economic value, and innovation Ryder System announced its top carrier selections for the 27th Annual Ryder Carrier Quality Awards. The award program recognizes United States and Canada carriers for service quality and operational excellence based on a variety of […]

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Nikola Corporation Releases Inaugural Sustainability Impact Report

Nikola Corporation Releases Inaugural Sustainability Impact Report

| October 21, 2024

 Nikola’s 2023 Sustainability Impact Report covers environmental and social impacts, reporting, and progress towards Nikola’s sustainability priorities Nikola Corporation zero-emissions transportation and energy supply and infrastructure solutions, via the HYLA brand, released their first-ever sustainability impact report. Nikola’s 2023 Sustainability Impact Report covers environmental and social impacts, reporting, and progress towards Nikola’s sustainability priorities. According to the Environmental Protection Agency […]

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FTR Reports September U.S. Trailer Net Orders at 11,532, the Lowest Level for the Month Since 2016

FTR Reports September U.S. Trailer Net Orders at 11,532, the Lowest Level for the Month Since 2016

| October 20, 2024

The challenging truck freight environment in 2024 is continuing to suppress U.S. trailer demand. Year-to-date (YTD) for 2024 FTR reported September U.S. trailer net orders rose by 75% month-over-month (m/m) from a low base to 11,532 units but were down 63% year-over-year (y/y). Net orders were the lowest for a September since 2016. Despite the […]

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Cavendish Hydrogen and HOERBIGER reach a milestone in their Partnership to revolutionize Hydrogen Fueling Stations

Cavendish Hydrogen and HOERBIGER reach a milestone in their Partnership to revolutionize Hydrogen Fueling Stations

| October 20, 2024

This collaboration marks an important step in the hydrogen industry and underscores the shared commitment of the companies involved to make the future of mobility safer, more efficient, and more sustainable Cavendish Hydrogen and HOERBIGER are pleased to announce a strategic partnership focused on hydrogen innovation. In June 2023, the two companies signed agreements for […]

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U.S. DOE Awards Highland Electric Fleets’ Project Approximately $10.9M in Cost-share Funding to Accelerate Vehicle-to-Grid Services

U.S. DOE Awards Highland Electric Fleets’ Project Approximately $10.9M in Cost-share Funding to Accelerate Vehicle-to-Grid Services

| October 20, 2024

Partnership between Highland Electric Fleets, provider of school bus fleet electrification, 12 utility providers, and educational institutions will deploy 14 V2G pilot projects nationwide utilizing electric school buses The U.S. Department of Energy (DOE)’s Grid Deployment Office has selected the Scaling Vehicle-to-Grid (V2G) Integration Nationally (SVIN) project to receive approximately $10.9 million in cost-share funding to accelerate V2G […]

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