News Crawler

Smithfield Foods Inc., the world’s biggest pork producer, is willing to share space in its ultra-low-temperature freezers to store COVID-19 vaccines, the company said Dec. 3 in an emailed statement. View the full article

Volvo Trucks North America announced a far-reaching plan for the launch of its heavy-duty VNR Electric model. View the full article

Leaders in the food transportation sector are working together to share lessons learned during the coronavirus pandemic. View the full article

Daimler AG’s supervisory board picked Bernd Pischetsrieder to be its next chairman and help navigate the maker of Mercedes-Benz luxury cars through a seismic industry transformation. View the full article

Before adjourning for the year, top Democrats on Capitol Hill are not ruling out the possibility of advancing a nearly $1 trillion COVID-19 package that includes aid for transportation networks. View the full article

The chairman of a Commercial Vehicle Safety Alliance working group focused on hemp said that while interstate transport of the substance is legal, potential risks remain for motor carriers and drivers hauling it. View the full article

North American Class 8 orders reached 51,900 in November, according to ACT Research. View the full article

The Organization of Petroleum Exporting Countries and its allies reached an agreement to ease its oil-output cuts next year more gradually than previously planned, giving a fragile market more time to absorb the extra supply. View the full article

The trucking industry, working since March to replenish inventories depleted by the coronavirus, now has to grapple with holiday season demand. View the full article

Moving company Atlas Canada has named Fred Haladay to the post of president and chief operating officer. View the full article

Elon Musk’s dizzying ascent in 2020 hit a new peak this week as he’s about to become the head of an S&P 500 Index company. That’s just days after surging to the second-richest person on the planet with a $139 billion fortune. View the full article

Applications for U.S. state unemployment benefits fell by the most in almost two months, offering some hope that the gradual recovery in the job market will continue despite a spike in COVID-19 infections and renewed business restrictions. View the full article

Freight brokers are embroiled in a contentious fight with independent owner-operators and small truckers over a federal law that brokers argue is outdated, but which the smaller businesses want to see toughened to increase access to pricing information. View the full article

XPO Logistics Inc. plans to split into two by spinning off its logistics business in a tax-free transaction that will create a separate publicly traded company. View the full article

FedEx Corp. has agreed to acquire ShopRunner, an e-commerce service that provides shipping for more than 100 brands, as the courier seeks to deepen its ties with online shoppers. View the full article

The American Society of Civil Engineers on Dec. 2 released infrastructure report cards for Maine and West Virginia, both of which reflect challenges associated with aging infrastructure and financial needs. View the full article

Penske Logistics announced it reached an agreement to acquire Chicago-based trucking company Black Horse Carriers Inc. View the full article

The U.S. economic recovery remained moderate across much of the country, and showed signs of a slowdown in areas where coronavirus cases are particularly high, according to a Federal Reserve report. View the full article

Many of the nation’s ports, especially on the West Coast, are reporting long delays to unload cargo ships, and warehouses near those facilities are filled as the supply chains are overloaded with goods. View the full article

Hyundai Motor Group plans to build 23 electric vehicles on its new EV-dedicated platform, and is aiming to sell 1 million of the cars worldwide by 2025, the South Korean automaker said Dec. 2. View the full article

A five-year update to a major parking availability survey for truck drivers had the pretty much the same bottom line: There remains an overall critical shortage of parking spaces for truck drivers. View the full article

Carmakers that signed up for President Donald Trump’s battle with California over auto emissions are now being pressured to join a peace plan brought on by the election of Joe Biden. View the full article

Less-than-truckload carrier Central Freight Lines Inc. announced it named Jerry Moyes CEO, effective immediately. View the full article

Supply chains have changed dramatically to adapt to the coronavirus, but many of those changes may outlast the pandemic. View the full article

CSX Corp. has agreed to buy Pan Am Railways Inc., North America’s largest regional railroad based in New England, extending CSX’s reach in Connecticut, Massachusetts and New York and adding Maine, New Hampshire and Vermont to its 23-state network. View the full article