14 Nov Inflation Remained Muted in October Despite Solid Economy U.S. inflation showed little sign of breaking out in October despite strength in the economy and wages, likely keeping the Federal Reserve on its path of gradual interest-rate increases. Read more...
14 Nov Newest Startup in On-Demand Warehousing Is a Trucking Company The newest entrant in the nascent market for on-demand warehousing is the owner of a Chicago-based trucking company who said he wants to use technology to help reduce the time that drivers spend waiting for freight to be loaded and unloaded. Vlad Gasnikov, CEO of Business Lines of America Corp., is currently beta testing an online platform called OLIMP. Read more...
14 Nov Medium-Duty Sales Increase in October U.S. retail sales of medium-duty trucks increased 11.1% to 20,631 in October, with double-digit gains coming in most weight classes, WardsAuto.com reported. Read more...
14 Nov Trump Administration to Hold Off on Car Tariffs After Trade Meeting The Trump administration will hold off for now on imposing new tariffs on automobile imports as top officials weigh revisions to a report on the national security implications, according to two people familiar with the matter. Read more...
14 Nov Electric Vehicle Revolution Goes Underground in Sweden With Mine Truck Swedish mining equipment maker Epiroc AB on Nov. 14 launched a new range, including what it says is the largest battery-powered vehicle for mining below the Earth’s surface: a 42 ton-capacity truck that can haul blasted rock through narrow tunnels. Read more...
14 Nov Opinion: The FOMO Effect on Blockchain Don't let FOMO, or fear of missing out, push your business into blockchain technology, advises Ken Craig of McLeod Software. Read more...
14 Nov Factories Paying More to Hire and Keep Staff Most U.S. manufacturers are paying workers more to keep production humming amid a shortage of skilled labor —and it’s working. Read more...
14 Nov Top Railroad Policy Authorizer Jeff Denham Loses House Seat Rep. Jeff Denham (R-Calif.), the top authorizer of railroad policy in the U.S. House, lost his re-election bid to Democrat Josh Harder in what had been a closely watched race in the Golden State. Read more...
14 Nov Ford, Walmart to Test Self-Driving Grocery Delivery Service Ford Motor Co. is teaming with Walmart Inc., the world’s largest retailer, to lay the groundwork for a driverless grocery delivery service. Read more...
14 Nov Consumer Prices Increased 0.3% in October WASHINGTON — Consumer prices climbed 0.3% in October, with higher prices for gasoline, used autos and housing contributing to the increase. The Labor Department said Nov. 14 that this measure of inflation has jumped 2.5% over the past 12 months. Read more...