19 Dec Amazon Is Its Own Biggest Mailman, Shipping 3.5 Billion Parcels As Amazon.com works to speed orders to customer doorsteps before Christmas, the e-commerce giant is touting an accomplishment that would have seemed absurd just a few years ago: Amazon is now its own biggest carrier. Read more...
19 Dec 2019: Freight Market Slowdown, Tariffs Diminished Trucking Industry's Performance If 2018 was one big party for the trucking and freight business, 2019 was the day after the party. Read more...
19 Dec US House Approves USMCA, Sets Up Early 2020 Senate Vote A landmark new trade deal with Canada and Mexico was approved in the U.S. House of Representatives on Dec. 19, the culmination of monthslong negotiations between House Democratic leaders and the White House on an issue that President Donald Trump campaigned on as a candidate. Read more...
19 Dec Congress Passes Transportation Funding Bill Funding for freight safety programs would be increased and infrastructure grants would receive $1 billion under fiscal 2020 legislation Congress cleared for President Donald Trump on Dec. 19. Read more...
19 Dec ACT Research: Used Truck Prices Fall 15% in November Sales volume and prices of used Class 8 trucks were substantially down in November, according to ACT Research. Read more...
19 Dec ACT Resarch: Used Truck Prices Fall 15% in November Sales volume and prices of used Class 8 trucks were substantially down in November, according to ACT Research. Read more...
19 Dec Mack Trucks Plans Down Weeks, Possible Layoffs at Pennsylvania Plant After two years of strong demand, the heavy-duty truck market is shifting into a lower gear, a slowdown that likely will lead to layoffs at Mack Trucks’ assembly plant in Lower Macungie Township, Pa. Read more...
19 Dec Germany Restricts Uber Citing Anti-Competitive Practices Uber Technologies Inc. has lost another ruling in Germany, after a regional court in Frankfurt ruled Dec. 19 that the company may not process orders for car-hire companies through its app. Read more...
19 Dec Transportation Secretary Elaine Chao Requests Feedback on ROUTES Transportation Secretary Elaine Chao is calling for public comments on the Department of Transportation’s Rural Opportunities to Use Transportation for Economic Success program. Read more...
19 Dec November Trailer Orders Weaken, Leaving Excess Production Capacity Net orders for U.S. trailers in November fell 56% to just below 20,000, ACT Research reported — putting excess production capacity in the spotlight. Read more...