06 Jun Texas Legislature Advances Self-Driving Bill Legislation to allow automated vehicles on Texas roads beginning Sept. 1, has overwhelmingly passed the Texas House and Senate and at press time was awaiting the governor's signature. Read more...
06 Jun Former Football Player Sees Success Off the Gridiron at ITS Logistics Mike Crawford, a former player in the National Football League, has been promoted to run freight brokerage at ITS Logistics, a subsidiary of ITS National, which ranks No. 59 on the Transport Topics freight brokerage sector list. Read more...
06 Jun Goldman Sachs CEO Calls for Bigger US Infrastructure Push Lloyd Blankfein, CEO of Goldman Sachs Group Inc., urged the United States to spend more on infrastructure to keep from falling further behind other industrialized nations, joining similar calls from JPMorgan Chase & Co. CEO Jamie Dimon. Read more...
06 Jun Job Openings Hit Record High in April, Topping 6 Million An increase in U.S. job openings in April to a record high indicates demand for workers remains strong in the world's largest economy while the supply is tightening, a Labor Department report showed June 6. Read more...
06 Jun US CEO Sentiment at Three-Year High Is Good Omen for Economy CEOs of some of the largest U.S. companies are becoming even more sanguine about sales and spending, a good omen for the economy after a lackluster first-quarter expansion, according to a quarterly survey released June 6 by the Business Roundtable. Read more...
06 Jun Volvo Trucks Introduces Genuine Painted Parts Program Volvo Trucks North America now offers a painted parts program intended to deliver genuine, factory-built replacement parts, custom painted for pre-order or quick turnaround, the company said. Read more...
05 Jun CSX Shareholders Approve $84 Million Payday to Harrison Despite Health Concerns Despite some concerns in recent weeks about the health of CSX CEO Hunter Harrison, 72, shareholders overwhelmingly approved a resolution to pay him $84 million to recoup money he forfeited when he left Canadian Pacific Railway in January. Read more...
05 Jun Diesel Price Dips 0.7¢ to $2.564 a Gallon The U.S. average retail price of diesel dipped 0.7 cent to $2.564 a gallon, the Department of Energy reported June 5. Read more...
05 Jun Amazon, Wal-Mart to Build More Warehouses Two of the top retailers plan on opening large distribution centers and creating more than 1,500 jobs in supply chain warehousing. Read more...
05 Jun New Daimler Trucks CEO on the Company's Future in Portland, Autonomous Vehicles Less than a decade ago, Portland, Ore.-based Freightliner appeared to have one foot out the door. The storied maker of big rigs changed its name to Daimler Trucks North America, then announced it would move hundreds of headquarters jobs to North Carolina. Read more...