17 Apr FMCSA Halts Transport of Explosives for Tennessee-Based Company The Federal Motor Carrier Safety Administration has prohibited Rock City Stone Co., a Tennessee-based group, from commercially transporting explosives or hazardous materials. Read more...
17 Apr Port of Long Beach Has Record 1Q; Port of Los Angeles Sees 5.7% Drop The Port of Long Beach had its best first quarter, up 19.4% compared with the same period in 2017. Read more...
17 Apr Housing Starts Top Forecasts on Multifamily Construction New-home construction rose by more than forecast in March on a rebound in multifamily starts, giving a boost to first-quarter economic growth, government figures showed April 17. Read more...
17 Apr Digital Marketing Firm ACG Transfers Trucking Assets to Mark-It Express Alliance Creative Group, a Chicago-based firm engaged in product development, packaging and printing, fulfillment and transportation services, said it will transfer its trucking clients and most of its drivers to Mark-It Express Logistics, a bigger and more established trucking company. Read more...
17 Apr IMF Spots Trouble for Global Economy After 2020 The International Monetary Fund predicted the world economy’s strongest upswing since 2011 will continue for the next two years but warned the seeds of its demise already may have been planted. Read more...
17 Apr Pilot Flying J Owner Jimmy Haslam Won’t Face Charges in Fraud Case The statute of limitations ended Monday without prosecutors filing new charges in the $56 million fraud committed by top executives of Pilot Flying J, the family business of Browns owner Jimmy Haslam. Read more...
17 Apr Mississippi House Speaker Proposes Diversions, Tax Swap to Fund Infrastructure Mississippi House Speaker Philip Gunn presented an infrastructure funding plan April 12 that would divert money to transportation projects over the next several years. Read more...
17 Apr VW Truck & Bus to Be Ready `Quickly’ for Capital Market Access Volkswagen AG is speeding up preparations for its heavy commercial-vehicle division to sell stock or debt on its own as the unit expands to compete with global leaders Daimler AG and Volvo AB. Read more...
17 Apr Core Group of Distracted Drivers Reduces Road Safety April is Distracted Driving Awareness month, and several new studies show the problem is getting worse. Read more...
17 Apr Factory Output Cools After Surging in Previous Month U.S. factory production cooled in March after surging a month earlier, representing a pause in an otherwise strong manufacturing sector, Federal Reserve data showed April 17. Read more...