04 Feb Echo Global Logistics Reports Strong Profit, Revenue Results for Q4 Echo Global Logistics Inc. on Feb. 3 reported higher year-over-year increases in earnings and revenue for the fourth quarter of 2020. Read more...
04 Feb Trump Administration Independent Contractor Actions Face Uncertainty The U.S. Department of Labor is backing off a pair of actions issued in the waning days of the Trump administration that were widely perceived to be favorable to motor carriers’ use of independent contractors. Read more...
04 Feb US Unemployment Claims Fall to 779,000; Job Cuts Grind On The number of Americans seeking unemployment benefits declined to 779,000 in the week ended Jan. 30, a still historically high total that shows that a sizable number of people keep losing jobs to the pandemic. Read more...
04 Feb California Court Rejects Suit Challenging Independent Contractor Exemption The California Supreme Court rejected a lawsuit Feb. 3 that sought to overturn a ballot measure that makes app-based ride-hailing and delivery drivers independent contractors instead of employees eligible for benefits and job protections. Read more...
04 Feb UPS Gives Old Jets New Life Imagine ripping out the dashboard of your 20-year-old minivan and replacing it with the high-tech controls from a Tesla. Read more...
04 Feb Peterbilt Introduces Redesigned Model 579 Flagship Peterbilt Motors Co. has unveiled a restyled version of its Model 579 flagship on-highway truck that offers a 7% fuel economy improvement compared with the truck it replaces, which was launched in 2012. Read more...
04 Feb Wabash National Posts Lower Q4 Earnings Wabash National Corp. reported lower net income and revenue in the fourth quarter as new trailer shipments fell. Read more...
03 Feb Google Seeks OK to Test Drones for Firefighting Google asked the U.S. Federal Aviation Administration for permission to test drones to research how the technology can help monitor and control fires. Read more...
03 Feb Schneider Reports Increased Net Income During Q4 2020 Schneider National on Feb. 3 reported a year-over-year increase in profit for the fourth quarter of 2020. Read more...
03 Feb Meritor Reports Lower Fiscal-Year Q1 Earnings, Revenue Meritor Inc. reported a decline in net income, largely due to interest expenses, and a dip in revenue during its fiscal first quarter. Read more...