02 Nov Trucking Futures Exchange to Launch in Late 2018 DAT Solutions and TransRisk have signed a deal to launch a trucking freight futures market through Nodal Exchange in late 2018, a project first announced earlier this year. Read more...
02 Nov Consumer Comfort Advances to Seven-Week High on Finances U.S. consumer comfort advanced to a seven-week high as Americans’ confidence in their personal finances increased by the most since February, Bloomberg Consumer Comfort Index figures showed Nov. 2. Read more...
02 Nov Driver Growth, Infrastructure Leading Concerns for VA and NJ Ahead of Elections Freight transportation, infrastructure issues and jobs will be key considerations for many voters electing new governors on Nov. 7 in New Jersey and Virginia — the only states with gubernatorial contests this year. Read more...
02 Nov Productivity Rises by Most in Three Years as Output Jumps Worker productivity in the U.S. rose in the third quarter by the most since 2014 as the world’s largest economy expanded at a solid pace, a Labor Department report showed Nov. 2 in Washington. Read more...
01 Nov TRIP Report Underscores Maine’s Crumbling Infrastructure Maine’s aging transportation network is in serious need of repair, according to TRIP’s Nov. 1 report titled “Preserving Maine’s Bridges.” Read more...
01 Nov Canada, a Leader in AI, Is Now Taking Aim at Driverless Cars Having built an impressive lead in artificial intelligence, Canada is keen to do the same in driverless cars — specifically the lidar (laser radar) technology that lets these vehicles see where they’re going. Read more...
01 Nov E-Commerce Powers XPO’s Rise to Record Revenue, Profits in Third Quarter XPO Logistics reported profits skyrocketed 316% year-over-year in the third quarter, marking the eighth consecutive quarter in which the company surpassed year-ago levels. Read more...
01 Nov Intermodal Resurgence Chugging Along in Third Quarter The bounce back in the intermodal sector continues as volume jumped 6.3% in the third quarter — the highest growth rate in more than three years, according to the Intermodal Association of North America. Read more...
01 Nov Truck Stop Gambling Heading to Pennsylvania Pennsylvania Gov. Tom Wolf on Oct. 30 signed into law a major gambling expansion bill that allows qualifying truck stops to house up to five video gambling terminals. Read more...
01 Nov NATSO Calls on Congressional Leaders to Extend Biodiesel Blenders’ Tax The leaders of the tax-writing committees should extend and phase out a biodiesel blenders’ tax credit as they consider legislation that would update the country’s tax code, the association representing truck stops and travel plazas said. Read more...