08 Dec Trump to Release Infrastructure Plan in January, Official Says President Donald Trump plans to keep pushing his legislative agenda in 2018 by releasing his long-promised infrastructure proposal in early January, a senior administration official said. Read more...
08 Dec Payrolls Rise 228,000 While Wages Gain Less Than Forecast The U.S. added more jobs than forecast in November and the unemployment rate held at an almost 17-year low, though below-forecast wage gains suggested the labor market still has slack to absorb. Read more...
07 Dec Editorial: Costs of Doing Business The trucking business is not a low-cost endeavor — think equipment, fuel, insurance — but the costs of doing business just keep increasing. What’s a motor carrier to do? Read more...
07 Dec Technological Advances Entice Younger Drivers to Trucking Industry, Executives Say WASHINGTON — Advances in automation, safety features and telecommunication are improving jobs for truck drivers, attracting a new generation of workers adept in user-friendly technologies, trucking executives told House lawmakers Dec. 7. Read more...
07 Dec Consumer Borrowing Increases by Most in Nearly a Year U.S. consumer credit outstanding rose in October by the most since November 2016 on larger credit-card balances, Federal Reserve data showed Dec. 7. Read more...
07 Dec Coming Dec. 13: LiveOnWeb's 2017 Year in Review In our Dec. 13 LiveOnWeb program at noon ET, our team of experts will put the year’s news developments in trucking in perspective, and identify the issues that will shape the news of 2018. Read more...
07 Dec Ohio Bus Drivers Fear Push Toward Self-Driving Vehicles Could Reduce Jobs, Safety Central Ohio bus drivers are warning state lawmakers that the push for automated vehicles may lead to job losses and unsafe conditions. Read more...
07 Dec EPA Rebuffs Biodiesel Makers, Won’t Increase Minimum Production Level for 2019 Despite pressure from biodiesel producers to require greater minimum production levels of biomass-based diesel, the U.S. Environmental Protection Agency has stuck to its proposed plan to maintain the 2018 level of 2.1 billion gallons for 2019. Read more...
07 Dec FedEx and UPS Surge as Investors Pick Winners From Tax Overhaul FedEx Corp. and UPS Inc. surged the most in more than a year Dec. 4 on expectations that they’ll reap particularly big gains from the tax-overhaul package making its way through Congress. Read more...
07 Dec Troubled ZF Friedrichshafen Appoints New Chairman; CEO Steps Down German automotive and commercial vehicle supplier ZF Friedrichshafen AG announced Dec. 7 ZF CEO Stefan Sommer will step down immediately. Until a successor is appointed, deputy CEO Konstantin Sauer will assume the role of CEO on an interim basis. Read more...