29 Aug FMCSA Making Progress as It Evaluates Possible CSA Changes, but Concerns Linger Federal Motor Carrier Safety Administration officials held their first public meeting Aug. 30 to drill down on portions of their action plan to evaluate possible sweeping future changes to the Compliance, Safety, Accountability program’s Safety Measurement System used to identify motor carriers at high risk for future crashes. Read more...
29 Aug Pioneering Tanker Driver's Passing Mourned by Alaska Trucking Community Joy Wiebe, a Dalton Highway veteran said to be the only woman driving fuel tankers to Alaska’s Prudhoe Bay oil fields, died in a rollover crash early on Aug. 24. Read more...
29 Aug Investors Keep Flocking to US Infrastructure, Even Without a Trump Plan IFM Investors has raised almost $500 million for its first debt fund dedicated to U.S. infrastructure even as the Trump administration has yet to move ahead with its own infrastructure plan. Read more...
29 Aug Peterbilt Factory Installs Aero Devices for P.A.M. P.A.M. Transportation Services is beginning to take delivery of 550 new Peterbilt Motors Co. trucks that the manufacturer will factory install with FlowBelow Tractor AeroKits, the aftermarket supplier announced. Read more...
29 Aug Maersk Sees Fuel Bill Soaring by $2 Billion From 2020 Rules A.P. Moller-Maersk, the world’s largest container shipping line, said adhering to stricter environmental standards could add at least $2 billion to its annual fuel bill from 2020. Read more...
29 Aug Canada Aims for NAFTA Deal This Week, but ‘Huge’ Work Remains Canadian Prime Minister Justin Trudeau said his government is trying to reach agreement this week with the United States to update the North American Free Trade Agreement, but it won’t sacrifice its goal of getting the “right deal.” Read more...
29 Aug Four Reasons Why Shoppers Are in the Mood to Spend NEW YORK — The store isn’t dead for Home Depot, Kohl’s, Best Buy or Target. Many traditional chains have posted strong sales, both online and at stores, as people are in a mood to spend. Read more...
29 Aug US Pending Home Sales Fall in July Amid 'Overheated' Markets An index measuring contracts to buy previously owned U.S. homes unexpectedly declined in July, signaling that buyers are balking at higher prices and a lack of choices in some regions, according to data released Aug. 29 from the National Association of Realtors in Washington. Read more...
29 Aug US Economy Grew at Brisk 4.2% Annual Rate Last Quarter WASHINGTON — The U.S. economy grew at a strong 4.2% annual rate in the April-June quarter, the best showing in nearly four years, as growth stayed on track to produce its strongest gain in more than a decade. Strength in business investment offset slightly slower consumer spending. Read more...
29 Aug Flatbed Companies Offer Drivers Incentives, Focus on Training to Keep Cargo Secure Flatbed carriers haul a wide variety of cargo, but securing that cargo requires extra work from drivers. To attract and retain those drivers, flatbed companies said they’re offering incentives and investing heavily in equipment and training to ensure loads are properly secured. Read more...