26 Jan Concerned About Self-Driving Cars? You’re Not Alone As automakers push aggressive time frames for introducing driverless vehicles, the outreach needed to convince the public that the technology represents a positive development appears still to be wanting. Read more...
26 Jan Mayors, Ambassadors Urge NAFTA Preservation as Talks Press On WASHINGTON — Mayors and ambassadors expressed an earnest desire to modernize — not abandon — the North American Free Trade Agreement, citing the pact as a vital source of jobs and commerce. Read more...
26 Jan Cross-Border Training Program Saving Commercial Truck Drive Commercial truck drivers in Mexico who go through a new Arizona cross-border program are less likely to be flagged for safety violations when they show up at ports of entry, officials said. Read more...
26 Jan Infrastructure Bill Has Potential for Bipartisanship in Congress, Secretary Chao Says President Donald Trump’s signature legislative goal for 2018, a long-term infrastructure funding proposal, is likely to bring feuding Republicans and Democrats together to the negotiating table following a bruising immigration debate that resulted in a mini-shutdown of the federal government. Read more...
26 Jan GDP Grows Below-Forecast 2.6% on Trade, Inventory Drags The U.S. economy expanded at a slower-than-projected pace in the fourth quarter on drags from trade and inventories, offsetting strength in consumer spending and business investment that signals solid momentum entering 2018. Read more...
25 Jan Mayors Fear the Status of TIGER Grants in Infrastructure Plan WASHINGTON— Mayors have expressed concern over the future of federal funding programs with regard to how the White House plans to fund the $1 trillion infrastructure investment it hopes to reap over the next 10 years. Read more...
25 Jan Used Class 8 Prices Up in December; Sales Slip on Fewer Days The average used Class 8 vehicle in December sold for a higher price, had less mileage and was slightly newer compared with a year earlier, according to ACT Research Co. Read more...
25 Jan Marten Transport Records Steady Fourth-Quarter Results Marten Transport reported Jan. 25 net income of $8.6 million, or 16 cents per diluted share, for the fourth quarter of 2017. The results met the expectations of analysts surveyed by Bloomberg. Read more...
25 Jan Union Pacific Starts Work on $550 Million Rail Yard in Texas Union Pacific Railroad announced Jan. 25 the company started construction this month on a major rail yard near Hearne, Texas, a $550 million project that’s the largest in the railroad’s 103-year history. Read more...
25 Jan ELD Compliance Rises, But Training, Enforcement Still Problematic Compliance with a federal mandate to use electronic logging devices to record driver hours of service is on the rise, but the rollout is causing challenges for some carriers and drivers. Read more...