16 Sep With Trump Trade War a Threat, Fed Is Set to Cut Rates Again WASHINGTON — For a second straight time, the Federal Reserve is set to cut interest rates this week to try to protect the economy from the consequences of a global slowdown and President Donald Trump’s trade war with China. Read more...
16 Sep Perspective: Trucking’s Telematics Systems Are Only as Good as the Losses They Prevent Rising insurance premiums are a perennial stress for many motor carriers, many of which are now installing telematics systems with the latest safety technologies to mitigate cost increases. Read more...
16 Sep Cass Freight Index Signals US Economic Contraction by Year’s End The Cass Freight Index, a monthly measure of rail, trucking and airfreight volume, dropped 3% in August from a year earlier, the ninth consecutive month of declines. Read more...
16 Sep Trucking’s Telematics Systems Are Only As Good as the Losses They Prevent Rising insurance premiums are a perennial stress for many motor carriers, many of which are now installing telematics systems with the latest safety technologies to mitigate cost increases. Read more...
16 Sep Insurers Eye Safety Technologies As the trucking industry grapples with a litigious environment and many motor carriers struggle to manage ever-rising insurance premiums, safety technologies have captured the attention of the insurance industry. Read more...
16 Sep Shippers Sue Oregon Port Over Fee An association representing oceangoing ships is suing the Port of Astoria in Oregon over its $300 fee for pier maintenance. Read more...
16 Sep Nestle to Close Illinois Distribution Facility Nestle is closing a frozen food distribution facility in the Chicago suburb of Glendale Heights, Ill., and laying off 121 workers beginning in October. Read more...
16 Sep How ATA Celebrated National Truck Driver Appreciation Week American Trucking Associations celebrated National Truck Driver Appreciation Week, which ran Sept. 8-14 and honors the trucking industry’s 3.5 million professional truck drivers, with a week of activities. Read more...
16 Sep ‘Safety First’ Is Crucial For Trucking, Insurance Rising insurance costs for many motor carriers, a focus on safety technologies and regulatory changes on the horizon makes this the ideal time for Transport Topics to publish its first Trucking and Insurance Special Report. Read more...
16 Sep Volkswagen to Pay Up to $87 Million in Australia for Scandal CANBERRA, Australia — Volkswagen has agreed to pay up to 127 million Australian dollars ($87 million) to settle an Australian class action stemming from the 2015 diesel emissions scandal, the German automaker and a lawyer said Sept. 16. Read more...