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Lumber prices to the moon 🚀 - WTT [newsletter]

0 1 7 minutes read
Welcome to the WHAT THE TRUCK?!? newsletter. In this issue, skyrocketing lumber prices, where’s the Tesla Semi, two brokerage bankruptcies and more.
Will it fall under $3?
SONAR
Downhill skiing in spring The Truckstop.com seven-day dry van rate per mile continues its three-plus-weeklong slide, falling another 4 cents to $3.04. Although rates are declining, both freight volumes and capacity have remained stable. According to the Outbound Tender Reject Index in SONAR, carriers are still rejecting more than 1 in 4 loads.
“Spot rates were roughly 30% to 70% higher year-over-year throughout the first quarter. Rates are 80% higher in the latest week.” FreightWaves’
Human capital With drivers still in short supply, carriers are having to increase wages by as much as 20% in some cases to help fill the seats. According to TCA data, insurance costs as a percentage of revenue jumped 16% in the first two months of ’21. Some analy ....

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Heavy-Duty Electric Trucks Now Have Their Own Electric Island

Heavy-Duty Electric Trucks Now Have Their Own Electric Island
22 Apr 2021, 8:06 UTC ·
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While everyone’s eyes are on the newest and hottest electric cars, trucks are quietly, but firmly making their way towards full electrification. And, though it might not sound as exciting as what car manufacturers are up to, it’s actually more important than we might think. Trucks are responsible for a large percentage of the total CO2 emission in the U.S. and bringing them to a zero-emission point is sure to have a powerful impact on the environment.
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If we’re talking about trucks, it means we’re talking about Daimler Trucks North America (DTNA), the quintessential American truck manufacturer. In this case, they have partnered with an energy company located in Portland, Oregon, Portland General Electric (PGE). ....

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Pamplin Media Group - Daimler Trucks and PGE open Electric Island for fast EV charging on Swan Island

Daimler Trucks and PGE open Electric Island for fast EV charging on Swan Island
Daimler plans to begin producing electric semi-trucks in Portland in late 2022.
Daimler Trucks North America and Portland General Electric have opened the first-of-its-kind heavy-duty electric truck charging site in the heart of Portland s Swan Island industrial district. The new charging center, called Electric Island, is available to the public and is designed to help accelerate the development, testing and deployment of electric commercial vehicles, like the ones to be manufactured in Portland by Daimler s Freightliner brand.
The future of transportation is electric, Maria Pope, President and CEO of PGE, said at the April 21 opening. We re envisioning a better future for the next generation, and it s going to take all of us to work together. We re also coming together to create opportunities for additional jobs across Oregon and across the West. ....

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Daimler Trucks North America, Portland General Electric open first-of-its-kind heavy-duty electric truck charging site

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PORTLAND, Ore., April 21, 2021 /PRNewswire/ Daimler Trucks North America (DTNA) and Portland General Electric (PGE) opened to the public today the first-of-its-kind heavy-duty electric truck charging site, called Electric Island. Electric Island will help accelerate the development, testing and deployment of zero emissions (tank to wheel) commercial vehicles, like the ones manufactured by DTNA.
Watch a video of how a driver of a heavy-duty electric truck can use Electric Island, including interviews from Portland General Electric and Daimler Trucks North America.
Electric vehicles, including the freightliner eCascadia and eM2 trucks made by DTNA, charge at DTNA and PGE’s Electric Island charging site ....

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Truck-focused Electric Island charging site opens in Portland, Oregon

Truck-focused Electric Island charging site opens in Portland, Oregon
First 8 charging stations up and running; 1-megawatt chargers coming
0 427 2 minutes read
A Freightliner eCascadia charges at one of the eight electric vehicle charging stations that Daimler Trucks North American and Portland General Electric opened near DTNA headquarters. (Photo: Daimler Trucks North America)
Daimler Trucks North America (DTNA) and Portland General Electric (PGE) opened their Electric Island charging project near the truck maker’s Oregon headquarters Wednesday. It is part of a larger three-state electrification effort catering to battery-powered trucks.
The manufacturer of Freightliner and Western Star trucks, DTNA and the utility are trying to learn about zero-emission heavy-duty truck charging from tank to wheel by: ....

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