19 Apr Carriers Keep Rolling Out Driver Pay Raises The need for truck drivers has spurred a number of carriers recently to raise compensation and entice qualified drivers to stick around. Read more...
19 Apr Everybody Loses in Trade War, Canadian Chamber of Commerce President Says President Donald Trump has tweeted “trade wars are good, and easy to win. Don’t believe it, the president of the Canadian Chamber of Commerce told Tampa business and political leaders April 18. Read more...
19 Apr Wabco Reports Net Income, Earnings Soar Commercial vehicle supplier Wabco Holdings Inc. reported double-digit boosts in first-quarter net income and revenue as it moved to consolidate its presence in North America. Read more...
19 Apr Jobless Claims at Three-Week Low Amid Tight Labor Market U.S. filings for unemployment benefits fell to a three-week low, continuing a trend that indicates a tight labor market, Labor Department figures showed April 19. Read more...
19 Apr Ex-Trooper Sentenced in Dallas Trucking Company Inspection Fraud A former Texas Department of Public Safety sergeant was sentenced to 15 months in federal prison April 16 for accepting bribes from a Dallas trucking company in exchange for top-level inspection decals. Read more...
19 Apr Don Burnette Becomes Last Otto Co-Founder to Leave Uber Technologies With the recent departure of Don Burnette, all four co-founders of driverless-trucking company Otto have left Uber Technologies Inc., about 18 months after Uber’s purchase of the startup. Read more...
19 Apr Experts Recommend Composite Materials to Fulfill Infrastructure Needs Using composite materials in construction could help offset the country’s multi-trillion dollar infrastructure deficit, according to various engineering experts who testified April 18 before a House subcommittee on research and technology. Read more...
18 Apr Canadian Pacific First-Quarter Revenue Rises as Strike Threat Rises Canadian Pacific Railway reported first-quarter revenue of C$1.66 billion and diluted earnings of C$2.41 per share April 18 as potential labor troubles loomed. Read more...
18 Apr FHWA Offers $60 Million in Transportation Technology Grants The Federal Highway Administration has made $60 million in grant money available for states and cities that are leading transportation-related technology projects. Read more...
18 Apr DHL Express Expands New York City Operations DHL Express U.S. has invested more than $13 million in two facilities in New York City to support international trade growth and the rise of international e-commerce, the company announced. Read more...