04 Oct Warren Buffett Isn’t Losing Sleep Over Self-Driving Trucks “Trucks are going to be around for a very long time.” Read more...
04 Oct Iowa Court Cuts CRST Van Expedited Attorney Fees A federal judge in Iowa has sliced to $1.9 million an award for attorney’s fees to CRST Van Expedited, the latest turn in a 10-year battle over a class-action sexual harassment lawsuit that a judge dismissed after ruling that the Equal Employment Opportunity Commission brought a frivolous complaint against the carrier. Read more...
04 Oct FHWA Awards $1.5 Million Grant for Truck Reservation System at Va. Ports Federal Highway Administration officials today awarded a $1.5 million grant to the Virginia Port Authority for a state-of-the-art truck reservation system that will save time for freight shippers. Read more...
04 Oct Truck Policy Not in Senate’s Self-Driving-Vehicles Bill An effort to attach trucking-centric provisions to Senate legislation on self-driving vehicles did not materialize during the bill’s consideration Oct. 4. Read more...
04 Oct Service Industries Index at 12-Year High Following Storms America’s service industries expanded in September at the fastest clip in 12 years, signaling vibrancy across the bulk of the economy following two major hurricanes, a survey from the Institute for Supply Management showed Oct. 4. Read more...
04 Oct Mining Giant Vies With Tech Firms for Workers in Push for Self-Driving Trucks Rio Tinto Group, the world’s second-largest mining company, is focused as much on driver-less trucks and automated drills as conventional shovels and loaders these days. That means it needs a whole lot more high-tech workers. Read more...
04 Oct Used Class 8 Sales Climb as Average Price Falls to Six-Year Low Sales of used Class 8 trucks improved in August, rising 16% year-over-year, while the average price slipped to a six-year low, according to ACT Research Co. Read more...
04 Oct Companies Add Fewest Workers in Nearly a Year, ADP Says Companies last month added the fewest number of workers in nearly a year, reflecting a hit to the U.S. job market from hurricanes Harvey and Irma, according to data released Oct. 4 from the ADP Research Institute in Roseland, New Jersey. Read more...
03 Oct ATA Chief Applauds Senators Supportive of Trucking Policy in Autonomous Bill Efforts to include trucking-centric provisions in autonomous vehicle legislation that a committee will consider Oct. 4 were applauded by American Trucking Associations President Chris Spear. Read more...