03 Oct US Auto Sales Fell 4% in Q3 Major automakers said Oct. 2 that U.S. sales fell 7% in September and 4% for the June-through-September quarter, compared with the same periods last year. Read more...
03 Oct Daimler, Renault-Led Alliance Ready for Self-Driving, Mobility Cooperation Daimler AG and the Renault-Nissan-Mitsubishi alliance see opportunities to collaborate on mobility offerings as well as connected and self-driving cars, a move that would push their partnership into new territory. Read more...
03 Oct XPO Logistics Set to Acquire 5,000 Robots From Peter Thiel-Backed Startup XPO Logistics Inc. will buy 5,000 warehouse robots from a Singapore startup backed by billionaire Peter Thiel as part of a deal that makes XPO the only logistics provider to use the technology in North America, the U.K. and eight other European countries. Read more...
03 Oct New York DOT Strikes Deal With Feds Over Controversial Signs The New York State Department of Transportation will retain $14 million in federal funding after reaching a compromise with the Federal Highway Administration over the large blue tourism signs that line the state’s highways. Read more...
02 Oct New Kenworth W990 to Deliver Capitol Christmas Tree When the U.S. Capitol Christmas tree arrives in Washington from the Willamette National Forest in Oregon, it will have taken a nearly 2,800-mile journey from the Pacific Northwest to the Eastern Seaboard on a new Kenworth W990 truck, delivered by Central Oregon Truck Co. Read more...
02 Oct Arizona DOT Expands Mexican Training Program to Subcontractors Truckers who operate in the maquiladora business are the newest participants in the Arizona Department of Transportation’s truck safety improvement program. Read more...
02 Oct Opinion: Combating Congested Interstates Through Blockchain Blockchain could serve as the much-needed replacement for the industry's legacy electronic data interchange system, updating supply chain logistics for the digital and big-data age and tackling the nation’s congestion problems in the process. Read more...
02 Oct US-China Trade War Could Last 20 Years, Alibaba Founder Jack Ma Says GENEVA — Alibaba founder Jack Ma said Oct. 2 that the trade dispute between the United States and China could last 20 years. But he expressed hope that a solution could be reached as a trade war would “hurt everybody.” Read more...
02 Oct Shipping Costs for Liquefied Natural Gas Expected to Rise Liquefied natural gas shipping costs will increase, driven by rising charter rates, higher fuel costs and the growth in interbasin trade flows, according to estimations by Fitch Solutions Macro Research. Read more...
02 Oct PepsiCo’s Beverage Business Bounces Back as New CEO Takes Over Indra Nooyi is stepping aside amid signs of a turnaround in PepsiCo Inc.’s drinks business. The company’s struggling North American beverage unit returned to growth in the third quarter, helping the company beat earnings estimates as the longtime CEO hands the reins to deputy Ramon Laguarta on Oct. 3. Read more...