08 Mar Housing Starts Rebound in January by More Than Forecast U.S. new-home construction rebounded by more than expected in January amid strength in single-family starts and a nine-month high for permits, signaling the market is stabilizing thanks to lower mortgage rates. Read more...
08 Mar Financing Deals Put Tesla Closer to Making Model 3s in China Tesla Inc. secured as much as $521 million in loans from Chinese banks to build a vehicle and battery factory in the country, putting the carmaker a step closer to producing Model 3 sedans at its first overseas plant. Read more...
08 Mar Descartes Posts 16% Profit Gain for Final Quarter, Full Year The Descartes Systems Group Inc. reported profits grew 16% in 2018, according to a company earnings release. Read more...
07 Mar Editorial: House Hearings Spark Optimism All of a sudden, it looks like lawmakers might be making good on the long-standing promise to get moving on what most agree is an issue with bipartisan support — yes, infrastructure funding. Read more...
07 Mar Fleets on Alert for 'Staged Accidents' as Spotlight Falls on Louisiana Trial Fender benders on the interstates in and around New Orleans are as common as a homemade bowl of jambalaya for lunch. But an accident on Interstate 10 at Milepost 238 on Nov. 17, 2017, seemed a little strange, as truck driver Robert Runnels recalls it. Read more...
07 Mar Amazon Purges Suppliers in Push to Boost E-Commerce Profits Amazon.com abruptly stopped buying products over the past two weeks from many of its wholesale vendors, encouraging them to instead sell their products directly to consumers on Amazon’s marketplace. Read more...
07 Mar February Class 8 Orders Slow; Backlog Falls Class 8 orders for February trickled in to reach 16,900, down 58% compared with a year earlier, reflecting a backlog already swollen by record demand in 2018, reports ACT Research Co. Read more...
07 Mar Sen. Tom Carper Pushes for Climate Climate Provisions in Transportation Bill An infrastructure bill would struggle to improve the country’s transportation network if it lacks language to address threats from severe weather events, the top Democrat on the Senate’s surface transportation panel said March 6. Read more...
07 Mar Sen. Tom Carper Pushes for Climate Provisions in Transportation Bill An infrastructure bill would struggle to improve the country’s transportation network if it lacks language to address threats from severe weather events, the top Democrat on the Senate’s surface transportation panel said March 6. Read more...
07 Mar In Driver Recruitment, Both Old and New Media Matter Today’s recruitment efforts to attract truck drivers have tended to lean on digital media. But in a sea of digital information, recruitment opportunities can be lost. That concern is why some trucking companies are returning to older media approaches for recruitment. Read more...