10 Apr Technology Hits Workers' Income Share More Than Trade, IMF Says The advance of technology is the biggest reason workers are earning a shrinking slice of the income pie, according to a new study by the International Monetary Fund. Read more...
10 Apr UPS Buys First Used Boeing 767s With New Ones Out of Reach UPS Inc. purchased its first used Boeing Co. 767s, grabbing older models that are in high demand as package shipments increase globally and production slots for new versions of the plane are sold out. Read more...
10 Apr Knight, Swift Merge to Form $5.1 Billion Truckload Carrier Knight Transportation Inc. and Swift Transportation are merging to create what they say will be the trucking industry's largest full truckload company: Knight-Swift Transportation Holdings Inc. Read more...
07 Apr Uber Tells Court That Otto's Self-Driving Sensors Aren't Stolen From Google Uber Technologies Inc. has an alibi for Alphabet Inc.'s allegations of trade-secrets theft - the ride-hailing company's driverless car technology is completely different from its rival's designs. Read more...
07 Apr FedEx's Fred Smith: 'Don't Be Afraid of Technology' Should we be worried about robots taking our jobs? Some of us, maybe - look what happened to Blockbuster video clerks - but collectively, no, FedEx chief Frederick Smith told student researchers gathered at the University of Memphis on April 6. Read more...
07 Apr Reviving Historic Richmond Marine Terminal Extends Port of Virginia as Far West 'as Deep Water Will Allow' A few months ago, the letters "O-N-D" - each maybe a foot high or so - hung high up on the front wall of a warehouse building at Richmond Marine Terminal. Read more...
07 Apr TP Commercial Solutions Offers Mixed Use Tires TP Commercial Solutions launched the TG:85 and FG:85 G:85 series tires designed for the steer and drive on-off road application, it said. Read more...
07 Apr Shippers, 3PLs Tout Technology as Key to Better Performance LAS VEGAS - Technology can save shippers, carriers and third-party logistics companies money and time and improve the relationship between the three critical cogs in the supply chain, according to a panel at the 2017 Transportation Intermediaries Association conference. Read more...
07 Apr Trucking Industry Payrolls Rise by 4,700 in March For-hire trucking added 4,700 jobs in March, while overall payrolls increased by 98,000, the Labor Department reported March 10. Read more...
07 Apr Fuel-Efficiency Roadshow Planned for September What organizers called "a first-of-its-kind cross-country roadshow" is planned for September to showcase advancements in fuel efficiency components, with the goal of having up to 10 Class 8 trucks achieve 9 MPG on the journey being called "Run on Less." Read more...