01 Feb Self-Driving Cars Need Humans Less and Less, California Data Shows The robot cars test-driving on California roads seem to need their human overseers less and less. Read more...
01 Feb Daimler AG Reports Record Sales in 2017 Diversified manufacturer Daimler AG reported it sold a record 3.3 million vehicles in 2017 — including a 13% increase in truck sales — as full-year revenue and earnings also peaked amid a strong fourth quarter. Read more...
01 Feb Manufacturing Expands at Close to Quickest Pace Since 2004 U.S. factories expanded more than forecast in January and near the fastest pace in more than 13 years, indicating manufacturing was still powering ahead at the start of 2018, Institute for Supply Management data showed Feb. 1. Read more...
01 Feb Analysis: UPS Makes Shareholders Wait to Celebrate UPS Inc. is doing right by President Donald Trump’s standards, but that’s hardly what shareholders want to see right now. Read more...
01 Feb Editorial: Time for a Deal on Infrastructure In his first State of the Union address last week, President Donald Trump highlighted several major issues that are near and dear to the trucking industry, starting with the nation’s pressing need to rebuild its crumbling roads and bridges. Now is the moment for our nation’s leaders to turn the talk into action and find a way to close the deal. Read more...
01 Feb FMCSA Seeks Comment on National Consumer Complaint Database The Federal Motor Carrier Safety Administration is seeking public comment on ways the agency can improve its online National Consumer Complaint Database. The database allows the public and drivers to file complaints against unsafe and unscrupulous motor carriers and their employees. Read more...
01 Feb Cargo Thefts Drop as Police, Fleets Fight Back Cargo thefts fell 36% in the fourth quarter of 2017, a continuation of a steady drop as fleets addressed the issue and states with large cargo hubs devoted more law enforcement manpower to the problem, according to CargoNet. Read more...
01 Feb Volvo AB Ends 2017 With Record Revenue Diversified truck manufacturer Volvo AB reported a surge in net income as well as record revenue for 2017 as truck demand remains high in Europe and is increasing in North America and Brazil. Read more...
01 Feb Productivity Fell Last Quarter to Extend Sluggish Run Productivity in the U.S. unexpectedly fell for the first time since early 2016 as working hours slightly outpaced output, underscoring a sluggish pace of efficiency gains during this expansion, a Labor Department report showed Feb. 1. Read more...
01 Feb UPS Ends 2017 With Strong Results UPS Inc. reported robust fourth-quarter earnings, even after adjustments tied to pension contributions and the Tax Cuts and Jobs Act, led by double-digit growth in the freight and third-party logistics businesses and a strong holiday season. Read more...