Freight

Project first suggested in 2002 may yet go forward as Port of Baltimore vies for hinterland freight movements. CSX Corp. (NYSE: CSX) is reversing course with a pledge of new funding to a long-delayed tunnel improvement project in Maryland, one that will allow the rail carrier to finally move double...

Bellhops Moving, a startup based in Freight Alley, set a new fundraising record for the area on Tuesday with a $31 million Series C round. The cash infusion, led by Advance Venture Partners, brings the Chattanooga-based startup company's investments to a total of $51 million since it was...

FedEx Corp. (NYSE: FDX) said it has launched a service allowing participating retailers to fulfill online orders 5 to 8 hours later than usual while providing consumers with next-day deliveries in local markets and two-day deliveries across the continental US. Through the service, dubbed "...

New European emission rules set to enter into force on 1 January 2019 will measure carbon emissions from heavy duty vehicles (HDVs) which will enable authorities to target the most polluting lorries with higher road usage charges, in a move that could hit smaller truck operators the hardest....

Deals with airlines and cargo carriers, along with state low carbon fuel standards, will propel a new sustainable biofuels processing plant to a smooth takeoff, the founders hope. Fort Collins, Colorado-based Red Rock Biofuels broke ground on a processing plant in Lakeview, OR, last summer. The $...

The strong earnings report of long-beleaguered Navistar sent the stock soaring Tuesday, dragging other OEMs with it. The manufacturer of the International brand of Class 8 vehicles--and smaller medium-duty trucks as well--reported a series of much stronger year-over-year numbers for the fourth...

At MarketWaves18, FreightWaves announced the Freight.Tech 25, the industry's list of the most innovative and disruptive companies in transportation and logistics. After a vote by sixty analysts, Chicago-based Logistical Labs ranked twenty-fifth. Logistical Labs was founded in 2012 and offers...

But the vision for truck video systems goes beyond one-time accident claims to creating more efficient, less risky fleets. Major commercial vehicle insurers are pushing for a broader roll-out of video technology in commercial vehicles, using the carrots of lower premiums and claims costs for fleet...