02 Nov 250,000 Jobs Added; Pay Growth Fastest Since 2009 WASHINGTON — The final major economic report before the Nov. 6 congressional elections showed that U.S. employers added a stellar 250,000 jobs in October and raised average pay by the most in nearly a decade. Read more...
02 Nov Infrastructure Boom Seen Roaring Ahead Regardless of Midterm Result Encouraging spending on roads, bridges and other infrastructure could be one of the rare areas where a Democrat-controlled Congress finds common ground with the Trump administration. Private investors in such projects aren’t relying on any breakthroughs, regardless of how next week’s midterm elections shake out. Read more...
02 Nov Optimism Boosted on News of Trump-Xi Talks BANGKOK — Stock markets charged ahead Nov. 2 after President Donald Trump and his Chinese counterpart, Xi Jinping, spoke by phone and reported progress in resolving trade tensions. Read more...
01 Nov Schneider’s Profits, Revenue Higher in Third Quarter Schneider National Inc. reported higher revenue and profits in the third quarter, but not all of its business units shared in the bounty. Read more...
01 Nov UPS to Wind Down Freight Pickups With Strike Looming UPS Inc. will stop accepting overnight freight pickups after Nov. 7 because of a potential strike in less than two weeks by about 11,000 union workers. Read more...
01 Nov Editorial: Joining Forces to Move Forward The themes of partnership, outreach and unity were present throughout speeches and presentations at this year’s American Trucking Associations Management Conference & Exhibition. Cooperation between ATA and the federal government was a central tenet. Read more...
01 Nov YRC Worldwide Reports Mixed Financial Results for 3Q YRC Worldwide Inc. posted net income of $2.9 million, or 9 cents a share, a slight drop from $3 million, or 9 cents, in 2017, the carrier reported for the third quarter Nov. 1. Read more...
01 Nov Outgoing ATA Chairman Dave Manning Reflects on his Year as the Face of Trucking AUSTIN, Texas — Over the past year Dave Manning, the immediate past chairman of American Trucking Associations, has walked in the White House Rose Garden, rubbed elbows with members of Congress, racked up a hefty airline travel-point balance, and even watched the Supreme Court in action. But his greatest memories, he said, were meeting with the trucking industry’s hard-working, passionate people who occupy offices, workshops and truck cabs nationwide. Read more...
01 Nov Mark Van Port Fleet Appointed Michigan DOT Director Michigan Gov. Rick Snyder recently announced that longtime Michigan Department of Transportation employee Mark Van Port Fleet will serve as the agency’s new director. Read more...
01 Nov Defense Department Places Orders With Orbcomm, Savi The Department of Defense has placed a multimillion-dollar order with Orbcomm Inc., a provider of machine-to-machine and Internet of Things solutions, and Savi, a big data and machine learning analytic solutions company, according to a press release. Read more...