04 Apr Growth in US Service Industries Cools for a Second Month Growth in U.S. service industries cooled in March for a second month as orders settled back from the fastest pace in more than 12 years, a survey from the Institute for Supply Management showed April 4. Read more...
04 Apr February Used Class 8 Sales Steady as Market Sheds Excess Inventory Sales in February of used Class 8 trucks were flat year-over-year with the average price showing a modest uptick, ACT Research Co. reported as the formerly oversupplied market is in better shape. Read more...
04 Apr Boeing Considers Turning Used 777s Into Cargo Planes Boeing Co. is considering whether to convert used 777 passenger jets into freighters, seeking to capitalize as booming e-commerce sales spur new demand for airfreight worldwide, sources familiar with the matter said. Read more...
04 Apr Companies Add 241,000 Workers in March, ADP Data Show Companies added more workers than forecast to U.S. payrolls in March, signaling the job market remains robust, according to data released April 4 from the ADP Research Institute in Roseland, N.J. Read more...
04 Apr Opinion: Trump Plan Unlikely to Spur Promised $1 Trillion in Infrastructure Investment WASHINGTON — On the campaign trail, President Donald Trump reiterated his pledge to “Make America Great Again” by reinvesting in infrastructure projects around the country. The news was greeted favorably by not only voters, but also municipal governments and the transportation industry. Read more...
04 Apr Trucking Industry Prospers Amid NAFTA Uncertainty An unsuccessful renegotiation of NAFTA would hurt the best for-hire freight environment in nearly 40 years, American Trucking Associations Chief Economist Bob Costello said. However, barring that “self-imposed risk,” this strong freight cycle could last an additional 18 months or more, he said. Read more...
04 Apr White House Infrastructure Adviser DJ Gribbin Steps Down David J. “DJ” Gribbin, the key architect of President Donald Trump’s $1.5 trillion infrastructure proposal, is leaving the White House to “pursue new opportunities,” a White House official told Transport Topics on April 3. Read more...
04 Apr Class 8 Orders Continue to Rocket Higher; March Total Doubles Last Year North American Class 8 truck orders erupted in March to surpass 46,000, or more than double the volume of a year earlier, ACT Research Co. reported. Read more...
04 Apr Toyota Talks Self-Driving Cars and the Real Reason the Automaker Suspended Testing When a woman crossing an Arizona street was struck and killed by a self-driving Uber car late last month, it sparked a swift public reckoning over the near-term future of autonomous vehicle testing on public roads. Read more...
04 Apr Roadbuilders Coalition to Visit Capitol Hill in May to Push for Trust Fund Fix Nearly three dozen national associations and labor unions of the Transportation Construction Coalition will meet with members of Congress and their staffs next month to call for long-term, sustainable funding for infrastructure projects around the country. Read more...