28 Mar Eaton Appoints João Faria President of Vehicle Group Power management company Eaton Corp. has appointed João Faria president of its Vehicle Group, effective May 1. He succeeds Kenneth Davis, who has announced he will retire Aug. 1. Read more...
28 Mar Robots Are Slashing Wages and Worsening Pay Inequality Robots have long been maligned for job-snatching. Now you can add depressing wages and promoting inequality to your list of automation-related grievances. Read more...
28 Mar Is Uber's Self-Driving Program Veering Off Track? A self-driving car flipped on its side seems guaranteed to make humans think twice about riding with a robot. Read more...
28 Mar Consumer Confidence Rises to Highest Since December 2000 Consumer confidence jumped in March to the highest level in more than 16 years, as Americans grew increasingly upbeat about both present and future conditions, according to a report March 28 from the New York-based Conference Board. Read more...
28 Mar James Powers Resigns as President of UniGroup Inc. UniGroup, the parent company of United Van Lines, Mayflower Transit and other transportation related companies, announced that its president, James Powers, resigned his position to pursue other personal interests. Read more...
28 Mar Home Prices in 20 US Cities Rise at Fastest Pace Since 2014 Home prices in 20 U.S. cities climbed in the 12 months through January at the fastest pace since July 2014, while nationwide the increase in property values also accelerated, according to S&P CoreLogic Case-Shiller data reported March 28. Read more...
27 Mar ATA Names Robert Braswell Acting Executive Director of TMC Robert Braswell, technical director of American Trucking Associations' Technology & Maintenance Council, has been appointed acting executive director of the organization, ATA announced March 27. Read more...
27 Mar Diesel Dips to $2.532 a Gallon; Oil Slides Lower The U.S. average retail price of diesel fell 0.7 cent to $2.532 a gallon and crude oil prices extended a bumpy monthlong slide in prices, dropping below $48 a barrel, experts said. Read more...
27 Mar Trucking IPO Will Net Schneider Family $230 Million Members of the Schneider family will get about $230 million from the sale of stock in the Green Bay, Wisconsin, trucking company that bears their name, a document filed March 24 with securities regulators shows. Read more...
27 Mar Planning, Preparation Key to Success In Hauling Floors to Final Four Sites Millions of Americans will watch the NCAA Final Four to see what team will clinch the title, but few people at home or in the arena are aware of the critical role of trucking in making the event happen. Read more...