29 Mar Ryder to Outfit Commercial Rental Fleet With Advanced Safety Technology Ryder System Inc. announced that all new vehicles that come into its North American commercial rental fleet now will include innovative safety technologies, such as forward-looking radar and collision mitigation systems. Read more...
29 Mar Boeing Makes Billion-Dollar Bet on 747 Hauling Cargo, Not People Boeing Co. has a temporary plan to save the iconic but slow-selling 747 jumbo jetliner: buying its own planes and leasing them to cargo haulers. Read more...
29 Mar Pending Sales of Existing Homes Rise Most Since 2010 Contracts to buy previously owned U.S. homes jumped in February by the most since July 2010, according to figures released March 30 by the National Association of Realtors in Washington. Read more...
28 Mar Port of New York and New Jersey Handles Record Container Traffic for a February Container traffic at the Port of New York and New Jersey continued at a strong pace with February 2017 activity setting a record for the busiest February ever at the port. Read more...
28 Mar Samsung Builds World's Largest Containership South Korea's Samsung Heavy Industries set a new world record by completing the world's largest containership, SHI and customer Mitsui OSK Lines said. Read more...
28 Mar White House to Take Up Tax Reform, Infrastructure Funding Plans, ATA Official Says ALEXANDRIA, Va. - The Trump administration and the Republican-led Congress will try to advance an overhaul of tax policy and infrastructure funding measures after their attempt to reform health care, a senior official with American Trucking Associations informed industry officials March 28. Read more...
28 Mar Grupo Mexico to Buy Florida East Coast Railway for $2.1 Billion Mexican miner Grupo Mexico said on March 28 it had acquired Florida East Coast Railway for $2.1 billion, a rare acquisition that comes as U.S. President Donald Trump has been trying to renegotiate trade ties between the two countries. Read more...
28 Mar Used Class 8 Truck Sales Continue to Climb Used Class 8 truck same dealer sales volumes improved for a second consecutive month in February, according to ACT Research Co. Read more...
28 Mar Eaton Appoints João Faria President of Vehicle Group Power management company Eaton Corp. has appointed João Faria president of its Vehicle Group, effective May 1. He succeeds Kenneth Davis, who has announced he will retire Aug. 1. Read more...
28 Mar Robots Are Slashing Wages and Worsening Pay Inequality Robots have long been maligned for job-snatching. Now you can add depressing wages and promoting inequality to your list of automation-related grievances. Read more...