04 Oct Used Class 8 Sales Climb as Average Price Falls to Six-Year Low Sales of used Class 8 trucks improved in August, rising 16% year-over-year, while the average price slipped to a six-year low, according to ACT Research Co. Read more...
04 Oct Companies Add Fewest Workers in Nearly a Year, ADP Says Companies last month added the fewest number of workers in nearly a year, reflecting a hit to the U.S. job market from hurricanes Harvey and Irma, according to data released Oct. 4 from the ADP Research Institute in Roseland, New Jersey. Read more...
03 Oct ATA Chief Applauds Senators Supportive of Trucking Policy in Autonomous Bill Efforts to include trucking-centric provisions in autonomous vehicle legislation that a committee will consider Oct. 4 were applauded by American Trucking Associations President Chris Spear. Read more...
03 Oct Spot Market Activity Still Bustling One Month After Devastation of Harvey, Irma One month after two devastating hurricanes ripped through Texas and Florida, spot market activity remains hectic across the country, setting records along the way. Read more...
03 Oct White House Nominates Economist for Top Research, Technology Post at DOT Diana Furchtgott-Roth, a senior fellow at the Manhattan Institute for Policy Research, was nominated for the post of assistant secretary at the U.S. Department of Transportation for research and technology, the White House announced on Sept. 28. Read more...
03 Oct DOT Seeks Comment on Review of Regulations, Including ELD Mandate, Driver Training Read more...
03 Oct Australia Expands Use of Caterpillar’s Self-Driving Truck Technology Self-driving truck technology being developed by Caterpillar Inc. at its Tucson, Ariz., division headquarters will soon be used more extensively by iron ore mines in Australia Read more...
03 Oct Celadon Acknowledges Active SEC Investigation Celadon Group Inc. offered new information into its financial situation while confirming it is under a Securities and Exchange Commission investigation into the value of used trucks donated to a joint venture company. Read more...
03 Oct Shippers Discuss ELDs, Intermodal in Cowen Survey Shippers expect to put more freight on railroads next year as concern persists about how the electronic-logging device mandate will tighten trucking capacity in 2018, according to a Cowen and Co. survey. Read more...
03 Oct Celadon Acknowledeges Active SEC Investigation Celadon Group Inc. offered new information into its financial situation while confirming it is under a Securities and Exchange Commission investigation into the value of used trucks donated to a joint venture company. Read more...