16 Feb Freight Executives Urge Caution on Trade WASHINGTON - A disruption of trade agreements with Mexico has the potential of hindering the country's flow of products with its southern neighbor, freight executives told a Senate panel Feb. 15. Read more...
16 Feb DeFazio, 15 Other House Democrats Urge Trump to Redo Nafta A coalition of at least 16 House Democrats, led by Oregon's Peter DeFazio, said Feb. 16 they will file a "Blueprint for America's New Trade Policy," urging President Trump to fulfill his campaign promises and negotiate a thorough overhaul of the North American Free Trade Agreement or withdraw from the 1994 agreement. Read more...
16 Feb Amazon Wants to Drop Packages by Parachute Amazon may have a new option for how it plans to deliver your packages by drone. Read more...
16 Feb Rush Enterprises Meets Wall Street Estimates New Braunfels, Texas-based Rush Enterprises posted a profit Feb. 15 of 31 cents per share, matching Wall Street expectations. Fourth-quarter profit was $12.5 million, above analysts' expectations of $12.3 million. Read more...
16 Feb Highway Fatalities in 2016 Highest in 10 Years A jump in traffic fatalities last year pushed deaths on U.S. roads to their highest level in nearly a decade. The national numbers erased improvements made during the Great Recession and economic recovery, according to the Associated Press, citing data from the National Safety Council. Read more...
16 Feb New Year, Same Story for US Growth Driven by Consumers Busy storefronts and an inflation pickup show the world's largest economy is starting 2017 much the same way it ended 2016: driven by the consumer. Read more...
16 Feb Omnitracs, Peloton Forge Platooning Alliance Fleet telematics provider Omnitracs has forged a partnership with Peloton Technology to bring truck platooning capabilities to its customers, a development that could accelerate trucking's adoption of the emerging technology. Read more...
16 Feb Fewer Americans Than Forecast File for Unemployment Insurance Fewer Americans than forecast filed applications last week for unemployment benefits, underscoring a vibrant labor market. Read more...
16 Feb Housing Starts Exceed Estimates After a Stronger December Builders started work on more U.S. homes than forecast in January after an upward revision to starts in the prior month, a sign construction was on a steady path entering 2017. Read more...
15 Feb Underinvestment in Freight Infrastructure Will Hurt Economy, Schneider CEO Says WASHINGTON - The country's freight transportation network must be modernized and expanded to handle the projected increase in freight volume, Schneider International Inc.'s top executive told a Senate panel Feb. 15. Read more...