23 Oct FMCSA Endures Busy, Challenging Year, Agency’s Top Official Says It’s been a busy but productive year for FMCSA officials, Deputy Administrator Wiley Deck said Oct. 23 during American Trucking Associations’ Management Conference & Exhibition. Read more...
23 Oct Teleo Capital Completes Acquisition of Rand McNally Rand McNally announced its acquisition by private equity firm Teleo Capital is completed, and that Teleo named Joseph Roark chairman of the 164-year-old company. Read more...
23 Oct Driver Coaching Takes Personal Touch, Positivity, Panelists Say Coaching programs should be geared to the drivers who are receiving training, according to panelists at American Trucking Associations’ Management Conference & Exhibition. Read more...
23 Oct Daimler Records Higher Net Income on Lower Revenue in Q3 Daimler AG reported higher net income on lower revenue in the third quarter as core markets began to recover from the impact of COVID-19. Read more...
23 Oct Pelosi, Mnuchin Trade Blame as Stimulus Negotiations Stall U.S. House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin Oct. 23 put the onus on each other to re-energize flagging stimulus talks as prospects for action on virus relief legislation before the election are fading fast. Read more...
23 Oct Traffic Eases Amid Pandemic, but Trucking Insurance Costs Still on Upward Trajectory Reduced highway traffic during the ongoing COVID-19 crisis has lowered the risk of crashes, but this silver lining of the pandemic has provided only a temporary reprieve for trucking companies that have seen escalating insurance costs in recent years. Read more...
23 Oct Startup Harnesses Data, Telematics in New Insurance Model for Fleets High Definition Vehicle Insurance, launched in 2018, focuses on small and midsize trucking fleets. Read more...
23 Oct Rep. James Clyburn Presses Cargo Carriers on COVID-19 Relief Aid Rep. James Clyburn (D-S.C.), chairman of the Select Subcommittee on the Coronavirus Crisis, called on four cargo airlines to return pandemic relief aid. Read more...
23 Oct EV Mania Turns Battery Makers Into Power Brokers Automakers are investing billions of dollars to bring new electric vehicles to consumers in the U.S. and other global markets, but their success hinges on securing the most critical and expensive component: the battery. Read more...
23 Oct Roehl Works With Former Drivers Through Relaunch Program Roehl Transport unveiled a program Oct. 21 to add hundreds of jobs for former truck drivers who want to relaunch their careers. Read more...