04 Jan Arconic Signs $450 Million in Agreements for Its Forged Wheels Arconic Inc. has signed more than $450 million in long-term global agreements for its forged aluminum wheels over the past year with customers in the truck, trailer, bus and recreational vehicle segments - with its largest agreement involving truck maker Paccar Inc. Read more...
04 Jan Former Treasury Secretary Says Markets Underestimating Risks of Trump Presidency Former U.S. Treasury Secretary Lawrence Summers said investors are being far too sanguine about the risks associated with Donald Trump's incoming administration. Read more...
03 Jan Diesel's Rise Continues, Up 4.6¢ to $2.586 The U.S. average retail price of diesel rose 4.6 cents to $2.586 a gallon, according to the Department of Energy, as the price of oil rose past $55 to an 18-month high, then fell later in the day Jan. 3. Read more...
03 Jan Baylor Trucking Raises Driver Pay a Penny Per Mile Baylor Trucking of Milan, Indiana, is the latest carrier to increase pay rates at the beginning of 2017, one that an industry analyst on driver pay believes could spread across the industry. Read more...
03 Jan That Bubbling Sound Coming From US Factories May Be Inflation Champagne wasn't the only thing bubbling at the start of 2017 for U.S. manufacturers: So was inflation, a potential warning sign in an otherwise broadly positive report on American factories. Read more...
03 Jan Vote: Is 'Road Rage' Getting Worse? Florida Truckers Say So If commuters only understood. That is the prevailing mentality of truck drivers when it comes to courtesy, and the lack thereof, on Florida's highways. Take our one-question poll on whether you think road rage is on the rise. Read more...
03 Jan Port of Corpus Christi Sizes Up Infrastructure to Better Handle Growth It'll be weeks before Port of Corpus Christi officials know exactly how many ships sailed through their waters in 2016. One thing they've already learned: They'll need more space for customers in 2017. Read more...
03 Jan Maine Troopers Keep State Weigh Stations Flowing Freely They trundle down the off-ramp from Interstate 95 by the hundreds, a long parade of hissing air brakes and roaring turbocharged diesel engines. Read more...
03 Jan Feds Allege Wisconsin Chain Wrongly Classifies Drivers as Contractors Wisconsin-based home improvement chain Menards has been slapped with a federal complaint alleging the company misclassified its delivery drivers as independent contractors and therefore deprived them of workplace protections afforded to employees, a charge the company calls "ridiculous" and vows to fight. Read more...
03 Jan Overcoming Teamsters Opposition, XPO Shareholders OK Higher Exec Compensation XPO shareholders overwhelmingly approved a plan Dec. 20 to increase the maximum number of shares the company can issue to executives as compensation, to 2.5 million shares from 500,000, easily overcoming opposition from the International Brotherhood of Teamsters. Read more...