12 Jul Trucking Stocks Roll Steady as Investors Downshift on Market Publicly traded trucking firms have seen record-setting freight in the first half of this year but their stock prices have lagged as cautious investors pulled back from a long-running bull market and an industry that can’t find enough drivers to haul its loads. Read more...
12 Jul US Inflation Reaches 2.9% in June, Highest in Six Years WASHINGTON — Consumer prices rose in June from a year earlier at the fastest pace in more than six years, lifted by more expensive gas, car insurance and higher rent. Read more...
11 Jul Driverless Car Makers Want Congress to Free Them From State Oversight WASHINGTON — As Silicon Valley and automakers attempt to steer the nation toward a future of driverless vehicles, a group of influential lawmakers remains concerned that bipartisan legislation now moving through Congress could leave consumers at risk by preventing states from demanding tighter safety regulations. Read more...
11 Jul Senate Democrats Again Criticize Trump’s Infrastructure Proposal WASHINGTON — President Donald Trump’s infrastructure plan continues to disappoint Senate Democrats critical of a proposal that would rely heavily on private sector investors to advance large-scale infrastructure projects. Read more...
11 Jul Will Trucking Be Affected by New Pollution Rules for Ocean Shipping? The U.S. Environmental Protection Agency on July 30 plans to begin reviewing the economic impact the transportation industry may face if tighter requirements remain in place that prohibit the use of high-sulfur fuel in cargo ships within 200 miles of the U.S. coastline. Read more...
11 Jul Cargo Theft Rising in Canada A voluntary reporting system for tracking cargo theft in Canada has led to a database showing a steady rise in thefts, though the true extent of the problem isn’t clear. Read more...
11 Jul Coming July 18: LiveOnWeb's 'Reimagining Trucking' Our July 18 LiveOnWeb program, “Reimagining Trucking,” explores just how intensely for-hire carriers are embracing technology and innovation in a competitive marketplace. Check out our guest lineup, reserve your seat or ask a question in advance. Read more...
11 Jul Road Repairs Jeopardized if New California Gas Tax Repealed, Stakeholders Say A November ballot measure to repeal California’s recent gas tax increase threatens road improvement and maintenance projects that receive funding through the tax. Read more...
11 Jul Ex-Apple Employee Stole Secrets for Chinese Firm, US Says A former Apple Inc. engineer was arrested on charges of stealing driverless car secrets for a Chinese startup after he passed through the security checkpoint at San Jose International Airport to board a flight to China. Read more...
11 Jul OPEC Sees Rival Supplies Growing Most in Five Years in 2019 OPEC expects supplies from its rivals to increase by the most in five years in 2019, with extra oil from the United States alone sufficient to meet the growth in global demand. Read more...