Latest News Updates From Keiron Greenhalgh

Business, Technology, Equipment, Fuel, Logistics

WattEV Transport Takes Delivery of First Two Tesla Semis

The Semis will be available for drayage use at the ports of Long Beach and Los Angeles, the first time the Class 8 battery-electric truck has been used at the largest port complex in the U.S.

February 25, 2025
Business, Technology, Equipment, Safety, Autonomous

Survey: Nearly All Fleet Owners to Boost Safety Spending

Some 99% of executives surveyed across the U.S., Canada, Mexico and four Western European nations plan to boost spending on workforce safety and security technologies.

February 24, 2025
Business, Logistics, For-Hire

TFI Eyes a ‘Brother’ for TForce Freight, Not a Merger

During TFI’s Q4 2024 earnings call with analysts Feb. 20, the company’s top executive said he did not expect any major acquisitions in 2025, after previously promising substantial ones.

February 21, 2025
Business, Equipment, Logistics

Standard Forwarding Freight Buys Midwest LTL Carrier From DHL

Standard Forwarding Freight bought the assets of Midwest less-than-truckload carrier Standard Forwarding from DHL Freight for an undisclosed sum.

February 21, 2025
Business, Logistics, For-Hire

TFI Q4 Profit Slumps 33% on Higher Costs, Tonnage Decrease

The Montreal-based carrier saw its truckload unit revenue jump 64% to $693.2 million, but revenue at the LTL and Logistics divisions fell by 13% and 14%, respectively.

February 20, 2025
Business, Technology, Equipment, Fuel, Private

Curtain Falls on Hydrogen Truck Maker Hyzon

Hydrogen fuel cell electric truck manufacturer Hyzon closed its doors Feb. 18, according to an executive, almost exactly four years after promising to produce 40,000 trucks in 2025.

February 19, 2025
Business, Technology, Equipment, Fuel

Nikola Declares Bankruptcy, Will Sell Off Assets

The company said it plans to pursue an auction and sale process under Section 363 of the U.S. Bankruptcy Code. A stalking horse bidder will be sought.

February 19, 2025
Business, Equipment, Private

Herc Rentals Outbids United in $3.9B Merger with H&E

Herc Rentals is set to merge with fellow construction equipment supplier H&E Equipment Services after outbidding the largest player in the field, United Rentals, the company said Feb. 18.

February 18, 2025
Business, Equipment, For-Hire, Top 100

Proficient Q4 Revenue Slumps 15.9% on Weaker Margins

Proficient — the No. 4-ranked auto transporter — expects industry dynamics to improve in 2025, including through a reduction in carrier capacity due to the travails of Jack Cooper Holdings.

February 14, 2025
Business, Equipment, Logistics, For-Hire, Top 100

Auto Hauler Jack Cooper Shuts Down After Losing Ford, GM

The dominoes started to topple when automaker Ford decided in January to end its relationship with Jack Cooper, bringing the curtain down on an approximately 40-year relationship.

February 14, 2025