01 Nov Truck Makers Point to Improving Market in 3Q Truck makers highlighted growing demand for their equipment in third-quarter earnings reports even as they posted mixed results. One saw profitability slip but revenue climb, while two others reported an increase in net income and revenue. Read more...
01 Nov Biggest Miner Tracking Trucker Brain Waves in Technology Race Truck drivers employed by the world’s biggest mining company are wearing baseball caps and hard helmets with sensors mounted inside to track their brain waves so they can get early warnings of fatigue and cut accidents. Read more...
01 Nov US Companies Add Most Workers in Seven Months, ADP Data Show Companies added more workers than forecast to U.S. payrolls in October, indicating hiring snapped back after hurricanes Harvey and Irma, according to data released Nov. 1 from the ADP Research Institute in Roseland, N.J Read more...
31 Oct C.H. Robinson, Hub Group Revenues Rise, Profits Fall Rising contract prices for trucks impacted third-quarter results for logistics firms C.H. Robinson and Hub Group that saw weaker profits despite greater revenues. Read more...
31 Oct Trump’s Nominee to Lead FMCSA Backs ELD Mandate The White House’s nominee to become the country’s top trucking regulator said he would review potential hardships an upcoming mandate on electronic logging devices could have on smaller carriers, while at the same time ensuring the agency he would oversee would carry out the mandate. Read more...
31 Oct California Truckers to Pay 20¢ More a Gallon for Diesel Starting Nov. 1 Beginning Nov. 1, drivers across California can expect to pay an extra 12 cents per gallon for gasoline at the pump, and an extra 20 cents per gallon for diesel. Read more...
31 Oct Allison Net Income, Revenue Surge in Third Quarter Allison Transmission Holdings Inc. net income and revenue surged in the third quarter as all segments performed well. Read more...
31 Oct Start of Split Sleeper Berth Pilot Program Behind Schedule Federal trucking regulators have been angling for a flexible sleeper berth pilot program since 2010, but a request for public comment posted in the Federal Register in late October showed that plans for the program are behind schedule. Read more...
31 Oct House Homeland Security Committee Calls for Increased Security Funding at LA, Long Beach Ports While praising efforts to protect the Los Angeles and Long Beach ports from terrorist and cyber-attacks, members of Congress aired concerns Oct. 31 about threats to public safety and the economy if federal funding for maritime security programs isn’t raised to meet new threats. Read more...
31 Oct Port Houston Credits Teamwork With Other Ports for Strong Rebound From Harvey The Port of Houston, closed for a week after Hurricane Harvey, rebounded sharply in September with a 22% year-over-year increase in container traffic that would have been impossible without the sacrifice of others, the top official at the port acknowledged. Read more...