21 Dec Jobless Claims Rise by Most Since Storms to Five-Week High U.S. filings for unemployment benefits jumped to the highest in five weeks, though the level remained low by historical standards, Labor Department figures showed Dec. 21. Read more...
20 Dec ODOT Autonomous Vehicle Testing Includes Smart Corridor Truck Applications U.S. Route 33 will likely host truck platooning exercises in the future as research at Ohio’s Smart Mobility Corridor continues, according to James Barna, chief engineer and assistant director of transportation policy for the Ohio Department of Transportation. Read more...
20 Dec Opinion: Tire Maintenance Key in Age of Autonomous Vehicles Pretty much everyone knows tires are second only to fuel among operating costs for fleets. What's new is how the industry will deal with the potential for tire failures on autonomous trucks. Read more...
20 Dec Toll-Road Veteran Is N.J. Governor-Elect’s Pick for State Transportation Chief New Jersey Governor-elect Phil Murphy chose a toll-road veteran to oversee transportation, charging her with fixing a commuter bus and rail system he called “a national disgrace.” Read more...
20 Dec Sales of Existing Homes Climb to an Almost 11-Year High Sales of previously owned U.S. homes rose in November to an almost 11-year high, indicating demand picked up momentum heading into the end of the year, according to a National Association of Realtors report released Dec. 20 Read more...
20 Dec UPS Orders 125 Tesla Semi-Trucks The market for the Tesla Class 8 truck keeps growing as UPS Inc. put in an order for 125 electric trucks, the largest order to date that has been made public. Read more...
20 Dec North Carolina Congresswoman Meets With Trucking Leaders About Industry Challenges Congresswoman Virginia Foxx recently met with representatives of the trucking industry. Crystal Collins, president of the North Carolina Trucking Association, said the discussion was regarding industry challenges including workforce shortage. Read more...
20 Dec ATRI Appoints Four New Members to Board of Directors The American Transportation Research Institute announced Dec. 19 that four new members will join its board of directors. Read more...
19 Dec FedEx Profits Grow 11% in Fiscal 2Q, Beating Wall Street Forecasts FedEx Corp. reported earnings of $2.84 per diluted share for its second fiscal quarter of 2018 ending Nov. 30, compared with the Bloomberg analyst forecast of $2.76 per diluted share. In last year’s fiscal second quarter FedEx reported earnings of $2.59 per diluted share. Read more...
19 Dec FedEx Second-Quarter Earnings, Revenues Come In Strong FedEx Corp. reported earnings of $2.84 per diluted share for its second fiscal quarter of 2018 ending Nov. 30, compared with the Bloomberg analyst forecast of $2.76 per diluted share. In last year’s fiscal second quarter FedEx reported earnings of $2.59 per diluted share. Read more...