23 Apr FedEx Freight’s Scott Osborne Back to Defend Mississippi Title The Mississippi Trucking Association is gearing up to host its Truck Driving Championship on April 26-27 in Gulfport. Read more...
23 Apr UPS Sees Payoff From $20 Billion Tech Bet, but Investors Remain Wary UPS Inc. is counting on algorithms you can’t see to prove that investors were wrong to doubt its three-year, $20 billion technological makeover. It’s all part of CEO David Abney’s bet on squeezing out costs and becoming more nimble as UPS adjusts to surging e-commerce deliveries. Read more...
23 Apr ASCE Pushes to Make Infrastructure Funding Congressional Priority As Infrastructure Week inches nearer, the nation’s oldest engineering group is continuing its efforts to promote transportation funding legislation. Read more...
23 Apr ATA For-Hire Truck Tonnage Index Slips in March American Trucking Associations’ seasonally adjusted For-Hire Truck Tonnage Index in March declined 2.3% after decreasing 1.5% in February. Read more...
23 Apr Alphabet’s Waymo to Revive Detroit Plant With Self-Driving Cars Alphabet Inc.’s Waymo has picked an idled American Axle & Manufacturing Holdings Inc. facility in Detroit as the site where it will equip vehicles made by Fiat Chrysler Automobiles NV and Jaguar Land Rover Automotive with self-driving technology. Read more...
23 Apr Kohl’s Surges on Deal to Expand Amazon Ties in Return Policy Kohl’s Corp. shares jumped the most in almost four months after the company said it will begin accepting returns for Amazon.com customers at all of its stores starting in July, expanding a program it started in 2017. Read more...
23 Apr Alphabet’s Drone Delivery Business Cleared for Takeoff by FAA An offshoot of Alphabet Inc.’s Google has become the first drone operator to receive government approval as an airline, an important step that gives it the legal authority to begin dropping products to actual customers. Read more...
23 Apr New-Home Sales Rise to 16-Month High Sales of new U.S. homes unexpectedly rose in March to a 16-month high, with a third straight increase that reflects a boost from lower borrowing costs. Read more...
23 Apr Kenworth, Toyota Join Forces to Reduce Emissions at California Ports LOS ANGELES — Kenworth Trucks joined forces with several allies April 22 in the battle against greenhouse gases, unveiling three of 10 Class 8 trucks that will run using hydrogen fuel cells developed by Toyota. Read more...
23 Apr Coca-Cola Jumps on Profit Beat as China Fuels Beverage Sales Coca-Cola Co., locked in a renewed battle for global beverage sales with rival PepsiCo Inc., rose in early trading as its push beyond sugary drinks helped it beat on profit in the first quarter. Read more...