30 Aug Effort to Halt ELD Mandate Withdrawn From House Funding Bill A proposal to deny funding for the enforcement of the December mandate on electronic logging devices was removed from a fiscal 2018 funding bill the House is scheduled to consider next month. Read more...
30 Aug Companies Add More Jobs Than Forecast, ADP Data Show Companies added more workers than forecast in August, indicating the U.S. job market remains solid, according to data released Aug. 30 from the ADP Research Institute in Roseland, New Jersey. Read more...
30 Aug Second-Quarter Growth Revised to 3% in Momentum Boost U.S. second-quarter growth was revised upward to the fastest pace in two years on stronger household spending and a bigger gain in business investment, putting the economy on a stronger track, Commerce Department data showed Aug. 30. Read more...
30 Aug Wabco, Nexteer Sign Long-Term Cooperation Agreement Wabco Holdings Inc. signed a long-term cooperation agreement with Nexteer Automotive, a provider of intuitive motion control, as it prepares for the advent of self-driving commercial vehicles, according to the company. Read more...
29 Aug FHWA Gives $25 Million to Texas Relief Secretary of Transportation Elaine Chao announced Aug. 29 that the Federal Highway Administration will make $25 million in emergency relief funds available to Texas in order to repair some of the damage wrought by Hurricane Harvey. Read more...
29 Aug Port of Corpus Christi Remains Closed After Drilling Ship Breaks From Dock, Sinks Tugboat The Port of Corpus Christi remains closed after an oil drilling ship broke from its mooring Aug. 26, sank a tugboat and beached in the ship channel’s entrance to the Gulf of Mexico. Read more...
29 Aug New Low-Sulfur Rules for Maritime Fuels Force Fleets to Scramble The International Maritime Organization announced that shippers and global refiners must reduce sulfur content in marine bunker fuels by January 2020, five years earlier than had been expected. Read more...
29 Aug Cummins Debuts All-Electric Demonstration Truck, the Aeos COLUMBUS, Ind. — Cummins Inc. unveiled its all-electric powertrain demonstration truck Aug. 29. Read more...
29 Aug About 114 Multiemployer Pensions in Deep Trouble About 114 multiemployer pensions covering more than 1 million workers are due to run out of money within the next two decades, but the overall state of the system is healthy, according to reports from two actuarial consulting firms. Read more...
29 Aug Daimler Sets Up Silicon Valley ‘Shark Tank’ to Take Company into the Future Facing a future in which private car ownership may fade, Daimler is ramping up efforts to create new products and services — even business models. Read more...