15 Aug US Productivity Posts 2.9% Growth in 2Q WASHINGTON — U.S. productivity grew at an annual rate of 2.9% in the second quarter, the fastest pace in more than three years, while labor costs actually fell. Read more...
15 Aug Bridge Collapse Witness Tells of Truck’s Escape ROME — A witness to the deadly Genoa highway bridge collapse has provided a dramatic account to Italian television SKY TG24, including a description of how a green truck stopped just short of the abyss. Read more...
15 Aug Ford to Spend $740 Million as Part of Detroit Train Station Project Ford Motor Co. will spend nearly $740 million to renovate the Michigan Central Station and other sites the automaker purchased in Detroit’s Corktown neighborhood, the company said Aug. 14. Read more...
14 Aug Universal Logistics Purchases Southern Counties Express for $65 Million Universal Logistics Holdings Inc. is expanding its intermodal business, announcing Aug. 10 it is acquiring Compton, Calif.-based Southern Counties Express Inc. for $65 million. Read more...
14 Aug Being Defending Champion Adds Pressure, FedEx’s Roland Bolduc Says COLUMBUS, Ohio — Winning it all at last year’s National Truck Driving Championships helped elevate Roland Bolduc’s exposure. Read more...
14 Aug Medium-Duty Sales Near 20,000 in July Amid Consumer-Sector Strength U.S. retail sales of medium-duty trucks in July rose nearly 15% above a year earlier as all classes posted gains, WardsAuto.com reported. Read more...
14 Aug Deb DeLuca Named New Duluth Port Director Deb DeLuca was named the executive director of the Duluth Seaway Port Authority Aug. 13, becoming the first woman to hold the role. Read more...
14 Aug Turkey’s Erdogan Vows US Boycott, but Diplomats Resume Talks Turkey’s president appeared to escalate a dispute with the United States that has helped foment a Turkish currency crisis, claiming Aug. 14 that his country will boycott U.S.-made electronic goods. Behind the scenes, however, diplomats resumed contact to ease tensions. Read more...
14 Aug NTDC Leaders, Volunteers Prep Course Ahead of Championship COLUMBUS, Ohio — Course preparations are well underway for the 81st National Truck Driving Championships. Read more...
14 Aug Shipping-Fuel Rule Change Cuts Demand for Canadian Oil New rules limiting the amount of sulfur allowed in shipping fuel is expected to cut demand for high-sulfur fuel oil and the sour crude that yields it. In Canada, that could extend — or worsen — the biggest price slump in nearly five years. Read more...