07 Aug Canadian Trucking Alliance Urges Provinces to Adopt ELDs The Canadian Trucking Alliance has initiated conversations with transportation ministers in an effort to encourage adoption of electronic logging devices at the provincial level. Read more...
07 Aug As China Halts US Soy Purchases, ‘Unknown’ Buyers Step Up While China announced it has halted imports of American soybeans, a mysterious buyer has stepped up. The U.S. Department of Agriculture announced Aug. 7 a sale of 165,000 metric tons of the oilseed to “unknown destinations.” Read more...
07 Aug Tesla Scrutinized by NHTSA Over Model 3 Safety Claims The U.S. National Highway Traffic Safety Administration sent Tesla Inc.’s Elon Musk a cease-and-desist letter last year regarding Model 3 safety claims and has subpoenaed the carmaker for information on several crashes, according to documents posted by a nonprofit advocacy group. Read more...
07 Aug World Economy Edges Closer to Recession as Trade Woes Spread The escalating trade war between the U.S. and China is nudging the world economy toward its first recession in a decade with investors demanding politicians and central bankers act fast to change course. Read more...
07 Aug ARTBA Promotes Schapker to VP Role Lauren Schapker recently was tapped to play a key role in the American Road and Transportation Builders Association’s efforts to advance its national agenda. Read more...
07 Aug Trump’s Bid to Ease Auto Rules Would Hike Fuel Costs, Study Says President Donald Trump’s plan to freeze U.S. vehicle efficiency standards would hike costs for motorists without doing anything to boost highway safety, according to an analysis by Consumer Reports that undermines the administration’s chief talking points in favor of the move. Read more...
07 Aug Sears, Kmart to Close 26 More Stores in US in October The Sears store culling isn’t over. The struggling retailer will shutter 26 more of its large-format Sears and Kmart stores in late October, it announced on its website. Any of the locations with auto centers will close those divisions in late August, it said. Read more...
07 Aug FedEx Ends Ground-Delivery Deal With Amazon FedEx Corp. is ending its ground-service delivery contract with Amazon, a further sign the Memphis, Tenn.-based delivery giant is pulling away from the largest U.S. e-commerce company. Read more...
06 Aug U.S. Xpress Posts Steep Drop in Net Income in 2Q U.S. Xpress Enterprises reported a steep drop in net income in the second quarter of 2019, with a posting of $2.9 million for the period ended June 30. Read more...
06 Aug Navistar Unveils Strategic Plan to Increase Market Share BOULDER, Colo. — Navistar International unveiled a strategic plan Aug. 6 that company leaders said will help it expand its market share, sharpen its focus on customers and reduce the time it takes to repair trucks through a strengthening of its existing dealer network. Read more...