03 Aug Consumer Comfort Reaches Seven-Week High on US Economic Views Americans last week started feeling much more confident about the economy, pushing the Bloomberg News Consumer Comfort Index to a seven-week high and partly reversing an early-summer slump, figures released Aug. 3 showed. Read more...
03 Aug Class 8 Orders Surge 81% in July, Top 18,000 Class 8 orders rolled on in July, climbing 81% year-over-year in what is typically the slowest order month of the year, analysts said. Read more...
03 Aug ALK Introduces PC Miler 31 ALK Technologies recently announced the availability of PC Miler 31, the latest version of its flagship truck routing, mileage and mapping software. Read more...
03 Aug District Mayor Appoints Jeff Marootian as Interim DDOT Director District of Columbia Mayor Muriel Bowser appointed Jeff Marootian as DDOT’s interim director to fill the shoes of its current director, Leif Dormsjo. Marootian has been with DDOT since March as the deputy director and, before that, served as assistant secretary for administration with the U.S. Department of Transportation during the Obama administration. Read more...
03 Aug Uber Freight App Rolls Into California, Arizona, Chicagoland Uber Freight, which officially launched in May as a way for short-haul truckers to more easily book their loads, is making a big national push after a test run in Texas. Read more...
03 Aug Convoy, Uber Accelerate Push to Match Carriers With Loads Via Mobile Apps The push to automate freight brokering is gaining momentum with technology startup Convoy raising $62 million to accelerate its growth plans and Uber Freight adding features and expanding into new markets since its May launch. Read more...
03 Aug Decline in Jobless Claims Shows Labor Demand Remains Robust The decline in filings for U.S. unemployment benefits last week underscores steady demand for workers in a tightening job market, Labor Department figures showed Aug 3. Read more...
02 Aug USA Truck Revenue Slides $2.8 Million; 6th Straight Quarter of Losses for Company USA Truck Inc. reported a net loss of $2.8 million or 35 cents per share in the second quarter, marking the sixth consecutive quarter the company has lost money. Read more...
02 Aug Arizona Mayor Commends Trump Administration’s Infrastructure Push The mayor of a city in Arizona praised President Donald Trump’s position on infrastructure at a U.S. Conference of Mayors roundtable breakfast Aug. 2. Read more...
02 Aug XPO Net Income Sets Record; CEO Eyes Major Acquisitions in US, Europe XPO Logistics reported that profits increased 11% in the second quarter, setting new records in net income and revenue on the back of growth in last-mile e-commerce and contract logistics. Read more...