06 Apr Deaf Woman Fights for Chance to Drive a Truck - And Wins Frankye Helbig's husband, Dorian, is a truck driver, and she thought she, too, could take a liking to that life. Perhaps they could get a long-distance route together, maybe even one day get their own truck and see America. Read more...
06 Apr Schneider, Now Public, Initiates Trading Truckload carrier Schneider said its Class B common stock began trading on the New York Stock Exchange on April 6 under the ticker symbol SNDR, and offered 28,947,000 shares initially priced at $19 per share. Read more...
06 Apr National Truck Protection Launches Bundled Warranty for Used Class 8 Trucks National Truck Protection Inc., an independent provider of extended service contracts to the trucking industry, launched a new warranty product for used Class 8 trucks that bundles coverages and simplifies the purchase process, the company said. Read more...
06 Apr Consumer Comfort Rises for Fifth Time in Last Six Weeks Americans' confidence climbed for the fifth time in the last six weeks, resulting in the strongest quarterly sentiment since 2007, Bloomberg Consumer Comfort Index figures showed April 6. Read more...
06 Apr Jobless Claims Decline to a Five-Week Low of 234,000 Filings for U.S. unemployment benefits declined to a five-week low, highlighting a resilient job market, a Labor Department report showed April 6. Read more...
05 Apr Penske Adds Tech Consulting Service, Plans to Offer ELDs for Rental Trucks Penske Truck Leasing has launched a technology consulting group and said it plans to begin offering portable electronic logging devices for its rental trucks later this year. Read more...
05 Apr Peloton Technology Raises Cash for Automated Truck Convoy Technology Peloton Technology, a startup backed by Intel Corp., is raising more cash to fund its bid to improve highway safety and generate huge savings for the $700 billion trucking industry. Read more...
05 Apr Truck Orders Remain Steady in March, Exceed 22,000 for Month Preliminary Class 8 net orders for March were 22,800 units, slightly above expectations and much higher than a year ago for the third consecutive month, research company FTR reported. Read more...
05 Apr Trucking Executive Calls on Congress to Raise Fuel Taxes WASHINGTON - Raising the federal tax on fuel and indexing it to inflation would be the most ideal approach for restoring long-term funding for big-ticket infrastructure maintenance programs, Werner Enterprises Inc. CEO Derek Leathers told a Senate panel on April 4. Read more...
05 Apr Service Industries Grow at Slowest Pace in Five Months American service companies expanded in March at the slowest pace in five months, adding to signs of tepid economic growth in the first quarter, a survey by the Institute for Supply Management showed April 5. Read more...