16 Nov Jobless Claims at Six-Week High Amid Holiday Volatility U.S. filings for Unemployment benefits rose to a six-week high, a move that may partly owe to volatility around the Veterans Day holiday, Labor Department figures showed Nov. 16. Read more...
16 Nov Americans’ Economic Expectations Climb to a Three-Month High Optimism about the direction of the U.S. economy improved to a three-month high in November as sentiment remained supported by a robust job market and steady growth, Bloomberg Consumer Comfort Index figures showed Nov. 16 Read more...
16 Nov Factory Output Surged in October on Hurricane Rebound A surge in U.S. factory production last month matched the largest gain since 2010 as output at oil refineries and petrochemical plants returned to normal operations following Hurricane Harvey, Federal Reserve data showed Nov. 16. Read more...
16 Nov Tesla, Elon Musk Unveil Electric Semi-Truck HAWTHORNE, Calif. — Tesla Inc. has unveiled its long-anticipated, all-electric Class 8 tractor, marking the electric car maker’s entry into the commercial truck business and showcasing its ambitions to reinvent the industry. Read more...
16 Nov Here Are Eight Things to Watch for in Tesla’s Big Rig Reveal Tesla Inc. is finally ready to introduce its first all-electric heavy-duty truck. In the works for two years, it’s a project that’s aimed squarely at cleaning up the freight industry, which accounts for one-fifth of global oil demand. Read more...
16 Nov Cargo Thefts Drop Despite Storm-Driven Rise in Building Material Larceny Cargo thefts in the United States and Canada declined in the third quarter, with total incidents falling 8% and total loss value dropping nearly 17% compared with the same period a year ago, according to CargoNet. Read more...
15 Nov Security Experts Warn Truckers About Loadboard Scams, ‘Inspired’ Terrorist Attacks MEMPHIS, Tenn. — Technology and smart, hard-working criminals have combined to keep loadboard fraud rampant, according to a senior investigator with the Federal Motor Carrier Safety Administration. Read more...
15 Nov NTSB Urges Collision Avoidance Tech, Data Recorders in Trucks WASHINGTON — Collision avoidance technology in trucks could improve the safety of operators and everyone else on the road, according to Rob Molloy, director of the National Transportation Safety Board’s Office of Highway Safety. Read more...
15 Nov Could Driverless Tech Mean Thousands of Trucking Jobs Lost? Probably Not Truck driving — one of the most in-demand and stable jobs in Ohio — could face major changes as the industry develops new automated, driverless technology. Read more...
15 Nov Tesla-Partner Tencent Plans Its Own Driverless Technology China’s Tencent Holdings has developed its own autonomous driving system, according to people familiar with the matter, becoming the latest technology player to dive into a crowded field that could become a $42 billion industry. Read more...