17 Apr Year-Over-Year Gains Continue as Trailer Orders Top 21,000 U.S. trailer orders cruised past 21,000 in March, extending the streak of year-over-year gains to four months, ACT Research said. Read more...
17 Apr XPO Logistics Employees Reject Unionization at Two Illinois Facilities; OK It in Trenton, N.J. Employees at XPO Logistics Inc.'s less-than-truckload facilities in Aurora and Elgin, Ill., voted against representation by the Teamsters union, the company said April 17. Read more...
17 Apr Diesel Rises 1.5¢ to Tie Highest Price of Year at $2.597 The U.S. average retail price of diesel rose 1.5 cents to $2.597 a gallon, putting it in a tie for the highest price this year, also reached Jan. 9. Read more...
17 Apr Demand for Technicians Expected to Intensify as Vehicles Add Driverless Capabilities Nearly 40 years ago, William Sasser walked out of Westside High School and directly into a career as an auto mechanic. But that sort of thing doesn't happen much anymore. Read more...
17 Apr Rhode Island Republican Leader Seeks to Repeal Truck-Only Toll Law The Rhode Island General Assembly's top Republican unveiled legislation aimed at undoing a truck-only toll law backed by the governor and opposed by state and national trucking associations. Read more...
17 Apr J.B. Hunt Profits Up 2.6% Due to Lower Tax Bill in First Quarter The truckload earnings season began with J.B. Hunt Transport Services Inc. announcing a 2.6% increase in profits year-over-year in the first quarter, mainly due to a one-time tax benefit that otherwise would have put the carrier behind 2016 earnings. Read more...
17 Apr Homebuilder Sentiment Cools From Almost 12-Year High Confidence among U.S. home builders cooled in April after jumping a month earlier to the highest level since mid-2005, according to data released April 17 from the National Association of Home Builders/Wells Fargo. Read more...
17 Apr UPS to Expand Presence at Chicago Rockford International Airport ROCKFORD, Ill. - UPS this summer will move some airfreight operations from Des Moines, Iowa, to the Chicago Rockford International Airport, bringing 240 jobs to the company's second-largest air-sorting facility in the United States. Read more...
17 Apr Crude Losses Ease as Dollar Drop Offsets US Drilling Boom Oil eased losses as growth in U.S. drilling was partially offset by a weaker dollar. Read more...
17 Apr CEO of Trucking Supplier Arconic Exits After 'Poor Judgment' Elliott Management Corp. vowed to continue a fight to replace board members from trucking supplier Arconic Inc. even after the main source of its dissatisfaction, CEO Klaus Kleinfeld, stepped down. Read more...