06 Jan Borden Becomes Second Big US Milk Producer to File for Bankruptcy Borden Dairy Co. filed for bankruptcy, becoming the second major U.S. milk seller to do so in two months as competitive pressures, declining consumption and falling profits made its debt load unsustainable. Read more...
06 Jan Ram Pickups Beat Chevy Silverado in 2019 for First Time Ram pickups surpassed the Chevrolet Silverado in U.S. sales in 2019 for the first time. Read more...
06 Jan Class 8 Orders Rally in December North American Class 8 orders rallied in December to reach about 20,000, FTR reported citing preliminary data. Read more...
06 Jan Oil Price Keeps Rising as Industry Eyes Iran-US Conflict PROVIDENCE, R.I. — The global benchmark for crude oil rose above $70 a barrel Jan. 6 for the first time in more than three months, with jitters rising over the escalating military tensions between Iran and the United States. Read more...
06 Jan Energy Group Joins Shippers Alleging Price Fixing in Rail Transport Total Petrochemicals & Refining USA is the latest big freight shipper to accuse the four biggest U.S. railroads of price fixing by adding fuel surcharges to cargo prices. Read more...
06 Jan Florida School District to Open CDL Driving Pad The Marion County (Fla.) School District’s CDL program is about to hit a new gear now that a newly constructed truck driving pad is poised to open Jan. 10. Read more...
03 Jan Federal Reserve Saw Declining Recession Risk in December WASHINGTON — The Federal Reserve’s policymaking committee saw much less risk of recession at its meeting in December, when it kept interest rates steady after three straight cuts and signaled that it expected to keep low rates unchanged through this year. Read more...
03 Jan PeopleNet ELD Patch Available to Fix Reboot Issue, Trimble Says Software slowdowns and outages have plagued some users of PeopleNet electronic logging devices sold by Trimble Transportation. Read more...
03 Jan Holiday Returns Drive Demand for Reverse Logistics Reverse logistics is part of retailers’ year-round operations, but returns ramp up during the holidays. Read more...
03 Jan Rihm Kenworth Adds Minnesota Facility Rihm Kenworth announced it opened a 28,000-square-foot full-service and leasing facility in Mankato, Minn. Read more...