EINRIDE TO GO PUBLIC VIA $1.8B SPAC, EYES U.S. AUTONOMOUS FREIGHT GROWTH
Swedish autonomous and electric trucking firm Einride will merge with Legato Merger Corp. III, aiming to raise capital for U.S. expansion and tech development as it scales driverless and battery-electric freight operations.
WAYMO LAUNCHES DRIVERLESS FREEWAY RIDES IN SF, LA AND PHOENIX
The Alphabet unit is offering robotaxi trips that include freeway segments, a first in the U.S., potentially accelerating autonomous adoption that could spill over to middle-mile and freight pilots in key corridors.
HYUNDAI TO SHIP 50–100 H2 FUEL-CELL XCIENT CLASS 8 TRACTORS TO U.S. IN 2026
Hyundai Translead will distribute the 450-mile-range hydrogen tractors next year, positioning Hyundai as a leading NA supplier of fuel-cell heavy trucks amid infrastructure build-out and fleet pilots.
FORTERRA RAISES $238M, HITS $1B VALUATION FOR AUTONOMOUS VEHICLE TECH
The autonomy startup’s new funding will speed production of vehicles and systems used across defense and some commercial applications, signaling continued investor appetite for AV platforms relevant to freight tech.
ARKANSAS AWARDS $4.6M FOR FIVE PORT PROJECTS TO BOOST FREIGHT FLOWS
State grants led by Gov. Sarah Huckabee Sanders include upgrades at Fort Smith and other facilities to expand warehouse space, truck access, and safety—supporting river-to-road connectivity statewide.
JUDGE RESTORES ACCESS TO BANK ACCOUNTS FOR FIRST BRANDS FOUNDER AMID BANKRUPTCY FIGHT
A Texas bankruptcy court allowed First Brands founder Patrick James to access personal accounts while investigations continue into alleged siphoning from the auto parts supplier, a key vendor to transport fleets.
TEXAS FUNDS TRAINING FOR 145 NEW HEAVY-DUTY TRUCK DRIVERS, PLUS AUTO TECHS
A $14 million workforce package includes targeted CDL training at Laredo and Dallas-area colleges, bolstering capacity in the nation’s largest trucking employment state and key cross-border gateway.
LRT GROUP TO ACQUIRE XPRESS GLOBAL SYSTEMS, EXPANDS LTL FLOORING NETWORK
The parent of Little River Transportation will buy Chattanooga-based XGS, which operates 300+ tractors, deepening specialized LTL distribution capacity in the flooring sector.
DOT TARGETS QUICK END TO NATIONWIDE FLIGHT CUTS AFTER SHUTDOWN RESOLVES
Transportation Secretary Sean Duffy said FAA-ordered capacity reductions could be lifted within a week of reopening, a critical step for air cargo capacity used by parcel and expedited shippers.
HOUSE RETURNS TO VOTE ON DEAL TO END RECORD-LENGTH FEDERAL SHUTDOWN
With the Senate bill passed Nov. 11, the House is expected to act today; reopening would normalize permitting timelines, data releases, and grant flows that freight and infrastructure stakeholders rely on.
FEDEX SIGNALS STRONGER HOLIDAY QUARTER; SHARES RISE, UPS FOLLOWS
CFO John Dietrich said fiscal Q2 earnings should top last year’s result, easing fears over peak season demand even as carriers grapple with capacity constraints from grounded MD‑11 freighters.
CHINA’S U.S. SOYBEAN BUYS STALL, CLOUDING AG EXPORT TRUCKLOADS
Despite a recent trade truce, traders report a pause in new Chinese soybean orders, injecting uncertainty for bulk export flows that drive significant Midwest and Gulf drayage and TL demand.
COVENANT: TARIFF UNCERTAINTY AND OEM SILENCE STALL NEW TRUCK ORDERS
Covenant Logistics executives say large fleets still lack 2026 pricing from OEMs as truck-specific tariffs complicate quoting, delaying replacement cycles and creating planning headwinds.
ROUNDUP: AUTONOMY AND CLEAN-TECH DOMINATE TODAY’S TRANSPORT TOPICS FRONT PAGE
TT’s Nov. 12 coverage spotlights Einride’s SPAC, Waymo’s freeway robotaxis, Hyundai’s hydrogen trucks and Forterra’s funding—underscoring the technology themes shaping freight’s next cycle.
M&A, PORT FUNDING AND PEAK-PARCEL OUTLOOK LEAD TODAY’S LOGISTICS HEADLINES
Transport Topics’ logistics page highlights LRT’s XGS buy, Arkansas port awards, and improving FedEx guidance—signals of network reshaping ahead of a potential 2026 freight upturn.
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