02 Nov Trump Administration Moves to Expand Apprenticeship Programs The Department of Labor is taking steps that would meet the objectives of a presidential executive order and encourage motor carriers and other trucking organizations to create apprenticeships for new employees to receive federal funding while they train to become drivers or maintenance technicians. Read more...
02 Nov FedEx Holiday Season Surge Could Hit 400 Million Packages FedEx expects to deliver 380-400 million packages this holiday season with three busy Mondays driving a record-breaking pace. Read more...
02 Nov Key Democrats Press for Infrastructure Funding Amid Tax Reform Debate Several Democrats, including Rep. John Delaney of Maryland, are critical of a tax reform package proposed by House Republicans that does not offer an approach to fund big-ticket infrastructure projects.. Read more...
02 Nov CSX Pulls Support for Baltimore Tunnel Renovation Federal and state lawmakers from Maryland expressed frustration at a decision from CSX Corp. to withdraw its support to fund the renovation of the Howard Street Tunnel near the Port of Baltimore, dealing another blow to the long-awaited project that would allow double-stack trains. Read more...
02 Nov Exxon Not Threatened by Electric Cars, Says Trucks Are ‘Where the Real Action Is’ Exxon Mobil Corp. says the existential threat to oil producers from electric cars is overblown. Read more...
02 Nov Small-Business Job Openings Match Second-Highest on Record The share of U.S. small companies with open positions in October matched the second-highest on record and more businesses said they plan to boost compensation, signs that a tight labor market could soon translate into bigger pay raises. Read more...
02 Nov Package Wars: Postal Service Offers Next-Day Sunday Delivery As consumers demand ever-quicker and convenient package delivery, the U.S. Postal Service wants to boost its business this holiday season by offering what few e-commerce retailers can provide: cheap next-day service with packages delivered Sundays to your home. Read more...
02 Nov LG, Qualcomm Join Hands for Autonomous Driving LG Electronics said it will work with Qualcomm to jointly research and develop autonomous driving technologies Read more...
02 Nov Alphabet's Self-Driving Unit Finds Another Maintenance Partner AutoNation Inc., the largest car-dealer group in the U.S., reached an agreement to maintain and help manage fleets for Waymo, the self-driving car unit of Alphabet Inc. Read more...
02 Nov Trucking Futures Exchange to Launch in Late 2018 DAT Solutions and TransRisk have signed a deal to launch a trucking freight futures market through Nodal Exchange in late 2018, a project first announced earlier this year. Read more...