15 May Pioneer Updates Flagship Tarp Product Pioneer launched an updated version of its flagship tarping system, the Rack 'n Pinion. Read more...
15 May Capitol Agenda for the Week of May 15: Infrastructure Week Is Here It's the busiest week of the year in Washington, D.C., for those eager to make their voices heard on infrastructure needs. Here's the week ahead for trucking on Capitol Hill. Read more...
12 May FedEx Targeted in Cyber-Attack as Hackers Hit Companies Across Globe FedEx said May 12 it was taking steps to recover from a cyber-attack on some of its Windows-based information technology systems. Read more...
12 May Workhorse Group's Revenue Soars, Along With Cost of Sales Electric vehicle manufacturer Workhorse Group Inc. reported higher first-quarter revenue yet remained unprofitable as cost of sales soared and operating expenses climbed by more than $1 million, compared with a year earlier. Read more...
12 May It's Back to Steady for US Economy as Retail Sales, CPI Rise Data released May 12 showed consumer retail purchases rose last month, albeit less than forecast, after a March gain that was revised from a decline, indicating the early-2017 slowdown was transitory. Read more...
12 May Four-Month High in Consumer Sentiment to Sustain Spending A four-month high in consumer confidence indicates Americans remain optimistic about their incomes, helping to support steady growth in spending this year, University of Michigan survey data showed May 12. Read more...
12 May Gain in Retail Sales Suggests Slowdown Was Temporary A pickup in U.S. retail sales last month adds to signs of steady consumer spending that will help propel the economy after a first-quarter slowdown, Commerce Department data showed May 12. Read more...
12 May Rebound in Consumer Prices Shows Inflation Stabilizing A rebound in U.S. consumer prices in April signals inflation is stabilizing, supporting the case for Federal Reserve policymakers to raise interest rates, Labor Department figures showed May 12. Read more...
11 May Uber Adds Trucking Brokerage Firm Amid Longhaul Push SAN FRANCISCO - Uber Technologies Inc. hired the team behind a Chicago transportation brokerage last fall as part of an effort to break into the longhaul trucking industry. Read more...
11 May Philadelphia Port Sees Growth in Cargo Imports Containerized freight in 20- and 40-foot boxes was up 28% in the Philadelphia port in April compared with the same month a year ago, port officials said. Read more...