18 Apr Opinion: Could Data-Driven Technology Lead the Trucking Industry to Nirvana? The trucking industry has hit a few roadblocks in recent times. Driver shortages, increased competition from outside the industry and slow acceptance of technological advances are just a few of the hurdles that have brought stagnancy to our sector. Read more...
18 Apr UPS Picks George Willis to Oversee US Package Operations UPS Inc. has tapped George Willis as president of U.S. operations, succeeding Myron Gray, who will retire May 1 after a 40-year career at the Atlanta-based parcel carrier. Read more...
18 Apr Soon-to-Be New York Fed Chief John Williams Sees Little Risk in Rate Hikes John Williams, who will take the helm of the Federal Reserve Bank of New York in June, played down risks the yield curve would become inverted as the U.S. central bank gradually raises interest rates. Read more...
18 Apr Peoples Services Acquires Grimes Cos. to Expand in Southeast Peoples Services Inc., a logistics firm based in Canton, Ohio, acquired the assets of The Grimes Cos. in Jacksonville, Fla., a move that substantially expands the company’s warehousing and distribution services in the southeastern United States. Read more...
18 Apr New Hampshire Self-Driving Vehicle Legislation Faces Speed Bumps A bill that would allow companies to road-test self-driving vehicles in New Hampshire may be facing some speed bumps. Read more...
17 Apr New Tax Law Boosts Trucking Industry, ATA Chairman Dave Manning Says WASHINGTON — The trucking industry continues to experience economic benefits resulting from the recently enacted federal tax overhaul, the chairman of American Trucking Associations told House Republican leaders on Capitol Hill on April 17, the country’s deadline for filing taxes. Read more...
17 Apr CSX Announces Strong First-Quarter Earnings as Results Exceed Expectations CSX Corp., the country’s third-largest railroad, reported stronger-than-expected earnings April 17 as the company cut costs. First-quarter net earnings were $695 million, or 78 cents per share. That is more than the 66 cents per share analysts had been expecting. Read more...
17 Apr FMCSA Assigns CSA Severity Weights to ELD Violations The Federal Motor Carrier Safety Administration has assigned severity weights to each of about a dozen electronic logging device-related violations that are being recorded on a driver’s or motor carrier’s safety profile score. Read more...
17 Apr Mayor Eric Garcetti Says SpaceX to Build New Rocket in Port of Los Angeles SpaceX has chosen to manufacture its planned big, new rocket in the Port of Los Angeles, Mayor Eric Garcetti announced April 16 in his annual state of the city speech. Read more...
17 Apr Travis Allen Spurs Feud Among California Republicans Over Anti-Gas Tax Campaign Leaders of the effort to repeal California’s new gas tax increase are blasting Republican governor candidate Travis Allen for using money raised to repeal the tax to broadcast ads featuring himself. Read more...